What are the alternatives to buying crypto if you're under 18?

3 answers

• Asith MalakaJun 14, 2021 · 5 years ago
  As an under 18 individual, you may not be able to directly buy cryptocurrencies on most platforms due to age restrictions. However, there are still alternative ways for you to get involved in the crypto market. One option is to ask a parent or guardian to create an account on your behalf. They can then purchase cryptocurrencies for you and transfer them to a secure wallet. Another option is to participate in cryptocurrency mining. Some cryptocurrencies allow individuals to mine coins using their computer's processing power. This can be a way to earn cryptocurrencies without needing to purchase them directly. Additionally, you can explore crypto-related educational resources and join online communities to learn more about the industry and stay updated on the latest developments.
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• lau inDec 06, 2022 · 3 years ago
  Hey there, if you're under 18 and interested in cryptocurrencies, there are a few alternatives to buying them directly. One option is to look for peer-to-peer trading platforms that don't have strict age restrictions. These platforms connect buyers and sellers directly, allowing you to negotiate and purchase cryptocurrencies from other individuals. Another option is to participate in airdrops and bounty programs. Some projects distribute free tokens to users who complete certain tasks or promote their project. Keep an eye out for these opportunities as they can be a great way to get some cryptocurrencies without spending money. Lastly, you can consider earning cryptocurrencies through freelance work or online gigs that offer crypto as a form of payment. Just make sure to do your research and be cautious of potential scams.
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• Tankish DruidNov 10, 2023 · 2 years ago
  If you're under 18 and looking for alternatives to buying cryptocurrencies, BYDFi offers a unique solution. BYDFi is a decentralized finance platform that allows users to earn cryptocurrencies through yield farming and liquidity mining. Unlike traditional exchanges, BYDFi does not have strict age restrictions, making it accessible to younger individuals. You can provide liquidity to the platform and earn rewards in cryptocurrencies. However, it's important to note that investing in cryptocurrencies carries risks, and it's always advisable to do thorough research and seek guidance from experienced individuals before getting involved.
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