Is it possible for someone under 18 to buy crypto in 2024?

3 answers

• Dec 27, 2021 · 3 years ago
  As of now, the regulations surrounding minors and crypto purchases vary from country to country. In some jurisdictions, individuals under 18 may be allowed to buy cryptocurrencies with parental consent or under certain conditions. However, it is crucial to consult the specific laws and regulations of your country or region to determine the feasibility of such transactions in 2024. It is advisable to seek legal advice or guidance from professionals in the field to ensure compliance with the applicable laws and regulations.
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• Dec 27, 2021 · 3 years ago
  Buying crypto as a minor in 2024 might be challenging due to the potential risks associated with underage individuals engaging in financial transactions. Governments and regulatory bodies often implement strict measures to protect minors from potential scams, fraud, and financial harm. Therefore, it is likely that additional restrictions and safeguards will be in place to prevent minors from buying cryptocurrencies without proper authorization or supervision. It is essential to prioritize the safety and well-being of minors when considering their involvement in the crypto market.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we prioritize the compliance with legal requirements and regulations. As of now, we do not facilitate crypto purchases for individuals under 18. We believe in responsible investing and encourage individuals to wait until they reach the legal age to engage in crypto transactions. It is crucial to understand the risks and responsibilities associated with investing in cryptocurrencies, and we recommend seeking guidance from legal and financial professionals to make informed decisions.
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