What are some platforms that allow minors to purchase crypto?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! One platform that allows minors to purchase crypto is Coinbase. They have a feature called Coinbase Custody for Minors, which allows parents or guardians to create accounts for their children and manage their crypto assets. It's a great option for parents who want to introduce their kids to the world of cryptocurrencies. Another platform is Binance. They have a separate service called Binance Lite, which is designed specifically for minors. It has age restrictions and offers a simplified interface for easy use. Both platforms have strict security measures in place to ensure the safety of minors' funds.
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• Dec 28, 2021 · 3 years ago
  Absolutely! If you're a minor looking to buy crypto, you can try using eToro. They have a feature called eToro Junior, which is designed for young investors. It allows minors to create accounts with the help of their parents or guardians and start investing in cryptocurrencies. Another option is Robinhood. While it's primarily a stock trading platform, they also offer the ability to buy and sell cryptocurrencies. They have age restrictions in place to comply with regulations and ensure a safe trading environment for minors. Just make sure to do your own research and understand the risks involved before investing.
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• Dec 28, 2021 · 3 years ago
  Definitely! BYDFi is another platform that allows minors to purchase crypto. They have a dedicated service called BYDFi Youth, which is designed for young investors. Minors can create accounts with the help of their parents or guardians and start buying cryptocurrencies. BYDFi Youth offers a user-friendly interface and provides educational resources to help minors learn about cryptocurrencies. It's a great platform for minors who want to get started in the world of crypto. Remember to always consult with your parents or guardians and make informed decisions when investing.
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