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What is the legal age to buy cryptocurrency?

avatarHyunsik YunDec 25, 2021 · 3 years ago3 answers

What is the minimum age requirement to legally purchase cryptocurrency?

What is the legal age to buy cryptocurrency?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The legal age to buy cryptocurrency varies depending on the jurisdiction. In most countries, the minimum age requirement is 18 years old. However, some countries may have different age restrictions or require additional documentation for individuals under a certain age. It is important to check the local laws and regulations regarding cryptocurrency purchases before making any transactions.
  • avatarDec 25, 2021 · 3 years ago
    To buy cryptocurrency, you generally need to be at least 18 years old. This age requirement is in place to ensure that individuals have the legal capacity to enter into financial transactions. However, it's worth noting that some exchanges or platforms may have their own age restrictions, so it's always a good idea to check the specific requirements of the platform you plan to use.
  • avatarDec 25, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the legal age to buy cryptocurrency is 18 years old. This age requirement is in line with most other exchanges and is based on legal and regulatory considerations. It is important for individuals to comply with the age restrictions set by the exchanges they use to ensure compliance with the law and to protect themselves and their investments.