Is it possible for someone under 18 to invest in digital currencies?

3 answers

• tleMay 10, 2023 · 2 years ago
  As an expert in digital currencies, I must inform you that most cryptocurrency exchanges require users to be at least 18 years old to create an account and invest in digital currencies. This age restriction is in place due to legal and regulatory requirements. However, there are some platforms that allow minors to invest with parental consent and supervision. It's important to research and find a reputable platform that offers such options. Remember, investing in digital currencies carries risks, so it's crucial to educate yourself and make informed decisions.
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• Chandru MDec 23, 2020 · 5 years ago
  Unfortunately, most cryptocurrency exchanges have an age requirement of 18 years old to invest in digital currencies. This is because investing in digital currencies involves financial risks and legal considerations that are better suited for adults. However, there are educational resources and platforms that allow minors to learn about digital currencies and gain knowledge in preparation for investing when they reach the legal age. It's important to start with a solid understanding of the market and its risks before diving into investments.
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• RAP ALMANov 05, 2021 · 4 years ago
  While I cannot speak for all exchanges, I can tell you that at BYDFi, we strictly adhere to the legal age requirement of 18 years old for investing in digital currencies. This is to ensure compliance with regulations and protect the interests of our users. However, there may be other platforms that offer options for minors to invest with proper parental consent and supervision. It's essential to research and choose a platform that aligns with your needs and complies with legal requirements.
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