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How old do you have to be to create a blockchain wallet and store cryptocurrencies?

avatarRiver FlatleyDec 28, 2021 · 3 years ago3 answers

What is the minimum age requirement to create a blockchain wallet and store cryptocurrencies? Can minors create a wallet and store digital currencies?

How old do you have to be to create a blockchain wallet and store cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    To create a blockchain wallet and store cryptocurrencies, the minimum age requirement varies depending on the platform or service you choose. Some platforms require users to be at least 18 years old, while others may allow minors to create wallets with parental consent. It's important to check the terms and conditions of the specific platform you're interested in to determine the age requirement.
  • avatarDec 28, 2021 · 3 years ago
    Creating a blockchain wallet and storing cryptocurrencies usually requires users to be at least 18 years old. However, there are some platforms that allow minors to create wallets with parental consent. It's always a good idea to check the platform's terms and conditions to ensure compliance with their age requirements.
  • avatarDec 28, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, users must be at least 18 years old to create a blockchain wallet and store cryptocurrencies. This age requirement is in place to comply with legal regulations and ensure the security of user funds. Minors are not allowed to create wallets on BYDFi, but they can explore other platforms that may have different age requirements.