Is there an age restriction for buying bitcoin?

3 answers

• Boban MilosevicSep 10, 2020 · 5 years ago
  Yes, there is an age restriction for buying bitcoin. In most countries, you need to be at least 18 years old to legally purchase bitcoin. This age requirement is in place to comply with anti-money laundering (AML) and know your customer (KYC) regulations. These regulations aim to prevent illegal activities such as money laundering and terrorist financing.
  357

  179
• Nganji PacifiqueOct 30, 2021 · 4 years ago
  Absolutely! Just like with any other financial transaction, there are age restrictions for buying bitcoin. The specific age requirement may vary depending on the country or region you are in. It's important to check the local regulations and comply with them to ensure a legal and hassle-free bitcoin purchase.
  310

  104
• rohith kuchanaJan 02, 2024 · 2 years ago
  Yes, there is an age restriction for buying bitcoin. According to BYDFi, one of the leading cryptocurrency exchanges, you need to be at least 18 years old to open an account and buy bitcoin on their platform. This age requirement is in line with industry standards and regulatory requirements to ensure a safe and compliant trading environment.
  344

  86