Cryptocurrency Q&A How old do you have to be to buy crypto?

How old do you have to be to buy crypto?

CryptoLodestarGuard CryptoLodestarGuard Fri Jul 05 2024 | 6 answers 1759
As a keen observer of the cryptocurrency landscape, I'm curious to understand the legal requirements surrounding the purchase of digital currencies. Could you elaborate on the age restrictions that typically apply when someone wishes to acquire cryptocurrencies? I've heard differing opinions, from some stating that there's no fixed age limit to others insisting that minors must have adult supervision. Clarifying this would greatly aid those considering their first foray into this dynamic marketplace. How old do you have to be to buy crypto?

6 answers

Sofia Sofia Sun Jul 07 2024
On most crypto exchanges operating in the country, the minimum age for purchasing crypto is set at 18 years old.

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WhisperInfinity WhisperInfinity Sun Jul 07 2024
Given the importance of identity verification on most crypto exchanges, it is crucial for potential investors to be aware of and comply with the age restrictions set by the platform they choose to use.

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TaegeukChampion TaegeukChampion Sun Jul 07 2024
This is a general standard followed by numerous platforms to ensure that minors do not engage in high-risk investments.

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Elena Elena Sun Jul 07 2024
However, it's important to note that not all platforms adhere strictly to this 18-year-old rule.

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CryptoEmpire CryptoEmpire Sun Jul 07 2024
The purchasing of cryptocurrencies in the United States often has age-related restrictions.

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