Can you buy bitcoin if you're under 18?

4 answers

• Dec 27, 2021 · 3 years ago
  Legally, the minimum age to buy bitcoin varies depending on the country. In some jurisdictions, there may be no specific age restriction, while in others, you must be at least 18 years old. It's important to check the local laws and regulations regarding cryptocurrency ownership and trading for minors.
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• Dec 27, 2021 · 3 years ago
  As a minor, you may face challenges when trying to buy bitcoin. Many cryptocurrency exchanges require users to verify their identity, including age verification. If you are under 18, you may not be able to pass the verification process and create an account on these platforms. However, there are peer-to-peer trading platforms and decentralized exchanges that may not have strict age restrictions.
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• Dec 27, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, they strictly adhere to legal requirements and do not allow individuals under the age of 18 to use their platform. It is important to respect the age restrictions set by exchanges and comply with the laws in your jurisdiction to avoid any legal consequences.
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• Dec 27, 2021 · 3 years ago
  Buying bitcoin as a minor can be challenging, but there are alternative options. You can consider asking a parent or guardian to purchase bitcoin on your behalf. They can create an account on a trusted exchange and transfer the bitcoin to your wallet. However, it's crucial to have open communication and ensure that both parties understand the risks and responsibilities involved.
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