Is it possible to send bitcoin without being 18 years old?
Samir KumarDec 27, 2021 · 3 years ago3 answers
I'm under 18 years old, can I still send bitcoin?
3 answers
- Dec 27, 2021 · 3 years agoNo, according to the legal requirements, you need to be at least 18 years old to send bitcoin. This age restriction is in place to comply with anti-money laundering (AML) and know your customer (KYC) regulations. It ensures that individuals engaging in cryptocurrency transactions are of legal age and can be held accountable for their actions.
- Dec 27, 2021 · 3 years agoUnfortunately, being under 18 years old means you are not legally allowed to send bitcoin. It's important to follow the regulations and laws in place to avoid any legal consequences. However, you can still learn about bitcoin and its technology, and once you reach the legal age, you can start participating in cryptocurrency transactions.
- Dec 27, 2021 · 3 years agoAs an expert from BYDFi, I can confirm that it is not possible to send bitcoin if you are under 18 years old. This age restriction is in place to ensure compliance with regulatory requirements and to protect individuals from potential risks associated with cryptocurrency transactions. It's important to abide by the rules and regulations to maintain the integrity of the cryptocurrency ecosystem.
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