Can u buy crypto under 18? As of July 25, 2017, you must be 18 or older to access Coinbase services. All underage Coinbase users who opened accounts under our old policy will be notified of this change and will be given ample opportunity to remove funds from their accounts before the accounts are closed.
Can you invest in crypto at 16? There’s no such thing as a legal age to buy bitcoin. If you’re old enough to appreciate it, you should be old enough to buy it. In practice though, most exchanges mandate a minimum age of 18, in keeping with KYC requirements.
How do I get crypto for my child? Therefore, one safe solution for buying crypto for your children is to purchase it and then store it in a “cold wallet.” Crypto wallets allow for crypto to be sent to a specific address. It allows you to then send crypto to someone else when you’re ready. Wallets can be either hot or cold.
How do teens get crypto?
For this method, you’ll need one of your parent’s (or another trusted adult’s) help.
- The first step is to create a cryptocurrency wallet.
- Once you’ve created a wallet, find a trusted adult who already has an account on a crypto exchange.