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What are the age requirements for buying crypto currency?

avatarCross McMillanDec 24, 2021 · 3 years ago3 answers

What is the minimum age to legally purchase and own cryptocurrency?

What are the age requirements for buying crypto currency?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    To legally purchase and own cryptocurrency, the minimum age requirement varies depending on the jurisdiction. In most countries, the minimum age is 18 years old. However, some countries may have different age restrictions or require parental consent for individuals under a certain age. It is important to comply with the legal age requirements in your country before engaging in cryptocurrency transactions.
  • avatarDec 24, 2021 · 3 years ago
    The age requirements for buying cryptocurrency may differ between exchanges and countries. It is essential to check the specific regulations in your jurisdiction. In general, most exchanges require users to be at least 18 years old to create an account and trade cryptocurrencies. However, there are also exchanges that may allow users as young as 13 years old to trade with parental consent. It is crucial to research and understand the age requirements of the specific exchange you plan to use.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, requires users to be at least 18 years old to create an account and trade cryptocurrencies. This age requirement is in line with the general industry standard. It is important to note that age requirements may vary between exchanges, so it is always recommended to check the specific rules and regulations of the exchange you are interested in.