Is it legal for someone under 18 to have a Robinhood account and invest in cryptocurrencies?

3 answers

• Dec 15, 2021 · 3 years ago
  As an expert in the field, I can confirm that it is not legal for individuals under the age of 18 to open a Robinhood account and invest in cryptocurrencies. In most jurisdictions, individuals must be at least 18 years old to enter into financial agreements and engage in investment activities. Therefore, minors would not be able to legally participate in cryptocurrency trading through Robinhood.
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• Dec 15, 2021 · 3 years ago
  Nope, it's a big no-no for someone under 18 to have a Robinhood account and invest in cryptocurrencies. The law is pretty clear on this one. You gotta be 18 or older to play with the big boys in the crypto world. So, if you're still rocking your braces and SpongeBob pajamas, better hold off on those crypto dreams for now.
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• Dec 15, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, individuals under the age of 18 are not allowed to open a Robinhood account and invest in cryptocurrencies. This is in line with legal requirements and regulations to protect minors from potential financial risks. If you're under 18, it's best to wait until you reach the legal age before diving into the exciting world of cryptocurrency trading.
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