Cryptocurrency Q&A Can kids earn crypto?

Can kids earn crypto?

HanRiverWave HanRiverWave Fri Jul 12 2024 | 0 answers 0
As a financial expert specializing in cryptocurrency, I'm often asked about the potential for children to engage in this emerging market. Can kids really earn crypto? The answer is a nuanced one. On the one hand, minors typically lack the legal capacity to engage in financial transactions, including the purchase and sale of cryptocurrency. However, there are avenues for them to indirectly earn crypto, such as through educational platforms that reward students with digital currency for learning about blockchain and crypto. Additionally, parents or guardians can set up custodial wallets and oversee their children's involvement in crypto-related activities. The key is to approach this responsibly and with the understanding that crypto is a volatile asset that requires a certain level of maturity and financial understanding. Can kids earn crypto?

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