What are the age restrictions for opening a Robinhood kids account for trading cryptocurrencies?

3 answers

• Foster LindholmSep 06, 2023 · 2 years ago
  Yes, kids can open a Robinhood account to trade cryptocurrencies, but there are age restrictions in place. According to Robinhood's terms of service, you must be at least 18 years old to open an account. This is to comply with legal requirements and ensure that users are of legal age to engage in financial transactions. So, if you're under 18, you won't be able to open a Robinhood account for trading cryptocurrencies. However, there may be other platforms or services that allow minors to trade cryptocurrencies with parental consent or supervision.
  553

  277
• KazteknologiesDec 28, 2022 · 3 years ago
  Unfortunately, kids cannot open a Robinhood account for trading cryptocurrencies. The age restrictions set by Robinhood require users to be at least 18 years old. This is to ensure compliance with legal regulations and protect minors from potential risks associated with cryptocurrency trading. If you're under 18, you'll need to explore alternative platforms or wait until you reach the required age to open a Robinhood account.
  429

  143
• LuckIhatovNov 28, 2024 · 8 months ago
  While I cannot speak specifically for Robinhood, it's important to note that different platforms have different age restrictions for opening accounts to trade cryptocurrencies. Some platforms may allow minors to open accounts with parental consent or supervision, while others may have a minimum age requirement of 18 or even 21. It's always best to check the terms and conditions of the specific platform you're interested in to determine the age restrictions for opening an account.
  484

  121