Are there any custodial accounts specifically designed for minors interested in cryptocurrencies?

3 answers

• Madhavi PichukaMar 25, 2024 · a year ago
  Yes, there are custodial accounts available for minors interested in cryptocurrencies. These accounts are designed to provide a safe and secure environment for minors to invest in digital assets. One popular platform that offers custodial accounts for minors is Coinbase. They have a dedicated service called Coinbase Custody that allows parents or guardians to set up accounts for their children. The accounts are managed by Coinbase and provide a secure way for minors to invest in cryptocurrencies. It's important to note that parents or guardians will have control over the account until the minor reaches the age of majority.
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• Athanasios DolmatzisAug 09, 2022 · 3 years ago
  Definitely! Many custodial accounts are specifically designed for minors who are interested in cryptocurrencies. These accounts are created to ensure that minors can safely invest in digital assets. One well-known platform that offers custodial accounts for minors is Gemini. They have a service called Gemini Custody that allows parents or guardians to create accounts for their children. The accounts are managed by Gemini and provide a secure way for minors to invest in cryptocurrencies. It's important for parents or guardians to carefully review the terms and conditions of these accounts to ensure they meet their specific needs and requirements.
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• olumide abiodun olumide abioduApr 02, 2025 · 4 months ago
  Yes, there are custodial accounts specifically designed for minors interested in cryptocurrencies. BYDFi, a leading cryptocurrency exchange, offers custodial accounts for minors through their BYDFi Junior program. These accounts provide a safe and secure way for minors to invest in digital assets. Parents or guardians can set up accounts for their children and have control over the account until the minor reaches the age of majority. BYDFi Junior ensures that minors can start their cryptocurrency journey in a responsible and secure manner. It's important to note that BYDFi Junior has strict security measures in place to protect the assets of minors and provide a seamless user experience.
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