Can a minor use a cash app card to buy or sell cryptocurrencies?

3 answers

• Nafisa RafiqJul 28, 2021 · 4 years ago
  No, minors are not allowed to use cash app cards for buying or selling cryptocurrencies. Cash app's terms of service clearly state that users must be at least 18 years old to use their services for cryptocurrency transactions. This is due to legal and regulatory requirements to prevent underage individuals from engaging in financial activities that may not be suitable for them. If you are a minor, you will need to wait until you reach the legal age to use cash app cards for cryptocurrency transactions.
  507

  254
• Nada Radulović PetrovićFeb 15, 2024 · a year ago
  Unfortunately, cash app does not allow minors to use their cards for cryptocurrency transactions. This is to comply with legal regulations and protect minors from potential risks associated with investing in cryptocurrencies. If you are under 18, you will need to find alternative ways to buy or trade cryptocurrencies, such as using a custodial account opened by a parent or guardian.
  385

  129
• Raleigh SEO ServicesFeb 23, 2024 · a year ago
  As an expert in the field, I can confirm that minors are not permitted to use cash app cards for buying or selling cryptocurrencies. This restriction is in place to ensure compliance with legal requirements and protect minors from potential financial risks. If you are under 18, it is important to abide by the rules and wait until you are of legal age to engage in cryptocurrency transactions using cash app cards.
  415

  104