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At what age can you start investing in digital currencies through a bank account?

avatarLove YouDec 16, 2021 · 3 years ago3 answers

What is the minimum age requirement to start investing in digital currencies through a bank account?

At what age can you start investing in digital currencies through a bank account?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The minimum age requirement to start investing in digital currencies through a bank account varies depending on the country and the bank. In most countries, the legal age to open a bank account is 18. However, some banks may allow minors to open accounts with a parent or guardian as a joint account holder. It's important to check with your bank and comply with any legal requirements before investing in digital currencies.
  • avatarDec 16, 2021 · 3 years ago
    You can start investing in digital currencies through a bank account as soon as you turn 18. At this age, you are considered an adult and can open a bank account on your own. However, it's important to do your research and understand the risks associated with investing in digital currencies before getting started.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading digital currency exchange, the minimum age requirement to start investing in digital currencies through a bank account is 18. This is to ensure that investors are legally eligible and have the necessary understanding of the risks involved. It's always a good idea to consult with a financial advisor or do thorough research before making any investment decisions.