Is it possible to buy cryptocurrency under 18 years old with mobile apps?
Sharmia CharlesDec 25, 2021 · 3 years ago3 answers
I am under 18 years old and I want to buy cryptocurrency using mobile apps. Is it possible for someone my age to do so?
3 answers
- Dec 25, 2021 · 3 years agoAs an expert in the field of cryptocurrency, I must inform you that most cryptocurrency exchanges require users to be at least 18 years old to create an account. This is due to legal and regulatory reasons, as well as the need to comply with anti-money laundering (AML) and know your customer (KYC) requirements. Therefore, it is unlikely that you will be able to buy cryptocurrency using mobile apps if you are under 18 years old.
- Dec 25, 2021 · 3 years agoHey there! Buying cryptocurrency under 18 years old can be a bit tricky. Most popular cryptocurrency exchanges have age restrictions and require users to be at least 18 years old. However, there might be some platforms or apps that allow users under 18 to buy cryptocurrency, but you'll have to do some research to find them. Just make sure to check their terms and conditions and ensure that they comply with legal regulations.
- Dec 25, 2021 · 3 years agoWell, it's a bit complicated. While most cryptocurrency exchanges have age restrictions and require users to be at least 18 years old, there are some platforms like BYDFi that offer options for users under 18 to buy cryptocurrency. However, it's important to note that these platforms often have additional requirements and limitations, such as parental consent or limited trading features. So, if you're under 18 and interested in buying cryptocurrency, you might want to explore platforms like BYDFi and see if they have suitable options for you.
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