What are the restrictions for sending bitcoin if you're under 18?

3 answers

• Malik JameelMar 01, 2023 · 2 years ago
  As an expert in the field of digital currency, I can tell you that there are certain restrictions for individuals under the age of 18 when it comes to sending bitcoin. Due to legal and regulatory requirements, most cryptocurrency exchanges and platforms have an age restriction in place. This means that individuals under 18 are not allowed to create accounts or engage in bitcoin transactions on these platforms. It's important for young individuals to be aware of these restrictions and to wait until they reach the legal age to participate in bitcoin transactions.
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• nkeshAug 11, 2022 · 3 years ago
  Sending bitcoin when you're under 18 can be challenging. Most cryptocurrency exchanges require users to be at least 18 years old to create an account and engage in transactions. This is due to legal and regulatory reasons. However, there are some peer-to-peer trading platforms that may allow individuals under 18 to trade bitcoin. It's important to do thorough research and ensure that you are using a platform that complies with legal requirements and has appropriate safety measures in place.
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• ThamaraJan 05, 2025 · 7 months ago
  When it comes to sending bitcoin if you're under 18, BYDFi, a popular cryptocurrency exchange, has specific restrictions in place. According to their terms of service, individuals under the age of 18 are not allowed to create accounts or engage in bitcoin transactions on their platform. This is in line with their commitment to comply with legal and regulatory requirements. It's important for young individuals to understand and respect these restrictions to ensure a safe and compliant trading environment.
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