How can minors invest in cryptocurrencies with Vanguard?

3 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, minors are not allowed to open an account with Vanguard to invest in cryptocurrencies. Vanguard requires account holders to be at least 18 years old. However, there are other platforms that may allow minors to invest in cryptocurrencies with proper parental consent and supervision. It is important to research and choose a platform that complies with the legal requirements for minors investing in cryptocurrencies.
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• Dec 28, 2021 · 3 years ago
  As a minor, you cannot invest in cryptocurrencies with Vanguard directly. However, you can explore other options such as opening a custodial account with a trusted cryptocurrency exchange that allows minors to invest. This type of account is managed by a parent or guardian until you reach the legal age to take control of the account. Make sure to do thorough research and choose a reputable exchange that offers custodial accounts for minors.
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• Dec 28, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers a solution for minors to invest in cryptocurrencies with Vanguard. They provide custodial accounts specifically designed for minors, allowing them to invest in cryptocurrencies with the guidance and supervision of their parents or guardians. With BYDFi, minors can start their investment journey in a safe and regulated environment. It is important to note that BYDFi is just one of the options available, and it's crucial to consider other platforms and do thorough research before making any investment decisions.
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