Is it legal for someone under 18 to have a crypto wallet?

3 answers

• RosMar 09, 2024 · a year ago
  According to most jurisdictions, the legal age to possess and use a cryptocurrency wallet is 18 years old. This is because cryptocurrencies are considered financial assets, and individuals under 18 are generally not legally allowed to engage in financial transactions without parental consent or legal guardianship. It's important to check the specific regulations in your country or region to ensure compliance with the law.
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• jmidd206Jun 06, 2023 · 2 years ago
  Nope, sorry kiddo! You gotta wait until you're 18 to have your own crypto wallet. The law says so. But hey, it's not all bad news. You can still learn about cryptocurrencies and start investing with the help of your parents or legal guardians. It's never too early to start learning about the exciting world of digital currencies!
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• hershjoshiJan 26, 2024 · a year ago
  As an expert at BYDFi, I can tell you that most cryptocurrency exchanges, including BYDFi, require users to be at least 18 years old to create an account and use their services. This age restriction is in place to comply with legal regulations and ensure the safety of users. If you're under 18, you can explore educational resources and gain knowledge about cryptocurrencies until you reach the legal age to have your own wallet.
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