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How to create a Robinhood account for trading cryptocurrencies if you are under 18?

avatarKloster LentzDec 15, 2021 · 3 years ago3 answers

I am under 18 years old and I want to create a Robinhood account for trading cryptocurrencies. How can I do that?

How to create a Robinhood account for trading cryptocurrencies if you are under 18?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Creating a Robinhood account for trading cryptocurrencies if you are under 18 can be a bit tricky. While Robinhood does allow users to trade cryptocurrencies, they have an age restriction of 18 years or older. This means that if you are under 18, you won't be able to create an account directly. However, there are a few alternatives you can consider. One option is to ask a parent or guardian to create an account on your behalf. They can then give you access to the account and guide you in trading cryptocurrencies. Another option is to explore other cryptocurrency exchanges that allow users under 18 to create accounts. Some exchanges have different age restrictions or may require parental consent. Make sure to do your research and choose a reputable exchange that suits your needs.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, if you are under 18, you cannot create a Robinhood account for trading cryptocurrencies. Robinhood has a strict age requirement of 18 years or older. However, there are other options available for you. You can explore other cryptocurrency exchanges that allow users under 18 to create accounts. Some exchanges may have different age restrictions or may require parental consent. It's important to choose a reliable and trustworthy exchange to ensure the safety of your funds. Additionally, you can also consider learning about cryptocurrencies and trading through educational resources and virtual trading platforms until you reach the age requirement to open a Robinhood account.
  • avatarDec 15, 2021 · 3 years ago
    Creating a Robinhood account for trading cryptocurrencies if you are under 18 is not possible due to their age restriction policy. However, there are alternative options for you to explore. One such option is BYDFi, a cryptocurrency exchange that allows users under 18 to create accounts. BYDFi offers a user-friendly platform and a wide range of cryptocurrencies to trade. It's important to note that while BYDFi may be a suitable option for users under 18, it's always recommended to do thorough research and consider the security and reputation of any exchange before creating an account. Remember to always prioritize the safety of your funds and personal information when trading cryptocurrencies.