Do you need to be 18 to use Binance: Yes! If you want to use Binance, you must be at least 18 years old. Apps to buy crypto under 18
Additionally, when you go through the registration process on Binance, documents need to be provided to verify your age and identity.
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Apps to buy crypto under 18
Here are the apps for buying crypto for those under 18s that you can check out:-
- Bybit: #1 exchange to buy crypto under 18
- MEXC: Best site to buy crypto if you’re under 18 in the USA
- KuCoin: Buy a wide range of coins
- Margex: Best for margin trading
- PrimeXBT: Best for CFD trading
- Bisq: Best decentralized Bitcoin exchange
But most reputable cryptocurrency exchanges and trading platforms require users to be at least 18 years of age to create an account and use their services. This is due to legal requirements and regulations surrounding financial transactions.
Ways to Buy Cryptocurrency for Under 18
There are some options to buy cryptocurrency under 18 years of age, can use:-
1. Use peer-to-peer (P2P) marketplaces.
P2P marketplaces such as LocalBitcoins, Paxful, and Hodl allow Hodl users to buy and sell cryptocurrencies directly with other individuals. There is no age requirement for these. Nor do users under the age of 18 require parental permission.
2. Use a prepaid debit card.
There are some cryptocurrency exchanges and platforms that allow users to buy cryptocurrency using prepaid debit cards. These cards can be purchased using any person including minors.
3. Use a cryptocurrency ATM.
Cryptocurrency ATMs are machines that allow users to buy cryptocurrency using cash. While some ATMs have age restrictions, others do not and can be used by minors with cash.
But minors are advised to obtain parental permission and guidance before using them to purchase cryptocurrencies. Additionally, it is also necessary to ensure that you are using a reputable and secure platform, it is important to be cautious and do your own research when using these services.
How to buy crypto on 16
If you are looking for “How to buy crypto at 16?” You can use peer-to-peer (P2P) marketplaces, prepaid debit cards, and cryptocurrency ATMs. Or Bybit, MEXC, KuCoin, Margex, PrimeXBT, Bisq, etc can use the exchange.
Can a 15-year-old invest in bitcoin?
Yes! 15-year-old kid can invest in bitcoin. You can buy any Cryptocurrency or Bitcoin by Bybit, MEXC, KuCoin, Margex, PrimeXBT, Bisq, etc can use the crypto exchange.
Investing in cryptocurrencies may involve financial risk. That’s why it’s important to get parental guidance and do your own research before investing. Minors should also be aware of the potential risks and volatility associated with cryptocurrency investments.
Can a 13-year-old invest in bitcoin?
Yes! A 13-year-old can invest in bitcoin. For that, you can use Crypto Exchange or Peer-to-Peer (P2P) Marketplace, Prepaid Debit Card, and Cryptocurrency ATM.
Can you invest in crypto at the age of 16?
16-year-olds to invest in crypto Bybit, MEXC, KuCoin, Margex, PrimeXBT, Bisq, etc can use the crypto exchange.
can a 14-year-old buy cryptocurrency
14 years can use peer-to-peer (P2P) marketplaces, prepaid debit cards, and cryptocurrency ATMs to buy cryptocurrency. P2P marketplaces such as LocalBitcoins, Paxful, and Hodl allow Hodl users to buy and sell cryptocurrencies directly with other individuals.