Is it possible for someone under 18 to buy crypto?

3 answers

• North McNeilNov 07, 2024 · 8 months ago
  No, most cryptocurrency exchanges require users to be at least 18 years old due to legal and regulatory reasons. This is to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. It's important to follow the age restrictions set by the exchanges to avoid any legal issues.
  310

  155
• L BMay 19, 2024 · a year ago
  Unfortunately, no. The majority of cryptocurrency exchanges have age restrictions in place to comply with legal requirements. This is to prevent potential misuse of cryptocurrencies by minors and to ensure the safety and security of the platform. If you're under 18, it's best to wait until you reach the required age to start buying cryptocurrencies.
  351

  117
• MilaNov 17, 2024 · 8 months ago
  While most cryptocurrency exchanges have an age restriction of 18 years old, there are some platforms that allow users under 18 to buy crypto. One such platform is BYDFi, which offers a special program for minors to invest in cryptocurrencies. However, it's important to note that BYDFi is an exception and not all exchanges have similar programs in place. Make sure to do thorough research and choose a platform that aligns with your age and legal requirements.
  462

  116