What are the best ways to buy crypto if you're under 18?

3 answers

• adan volkenFeb 11, 2021 · 5 years ago
  As an expert in the field, I would recommend exploring peer-to-peer trading platforms that allow users to buy and sell cryptocurrencies directly from other individuals. These platforms often have less stringent age verification processes compared to traditional exchanges. However, it's important to exercise caution and only transact with reputable sellers. Additionally, you may want to consider using a cryptocurrency gift card service, which allows you to purchase gift cards with cash and then redeem them for cryptocurrencies. This method can provide a level of anonymity and may be more accessible for minors. Remember to always do your research and understand the risks involved before making any investment decisions.
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• Mahtab IslamDec 17, 2021 · 4 years ago
  Hey there! If you're under 18 and looking to buy crypto, you might want to check out some peer-to-peer trading platforms. These platforms connect buyers and sellers directly, so you can find someone willing to sell you crypto without the need for age verification. Just be sure to use a trusted platform and exercise caution when dealing with individuals. Another option is to ask a parent or guardian to create an account on a reputable exchange and make the purchase on your behalf. This way, you can still invest in crypto while complying with regulations. Remember, it's important to educate yourself about cryptocurrencies and make informed decisions before investing.
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• Alexey ZudWorkAug 07, 2024 · a year ago
  If you're under 18 and interested in buying crypto, you might want to consider using BYDFi. They have a special program for minors that allows them to create an account and buy cryptocurrencies with the consent of a parent or guardian. BYDFi ensures that all transactions are compliant with regulatory requirements, making it a safe and reliable option for young investors. Just make sure to follow the necessary steps and provide the required documentation to verify your age and identity. Happy investing!
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