Is it possible for someone under 18 to open a Coinbase account?
Javed AhmadDec 15, 2021 · 3 years ago3 answers
I am under 18 years old, can I still open a Coinbase account? Is there an age restriction for opening an account on Coinbase?
3 answers
- Dec 15, 2021 · 3 years agoUnfortunately, Coinbase requires users to be at least 18 years old to open an account. This is due to legal and regulatory requirements that Coinbase must adhere to. It's important to follow the age restrictions set by Coinbase to ensure compliance with the law and to protect the integrity of the platform.
- Dec 15, 2021 · 3 years agoNo, Coinbase does not allow individuals under the age of 18 to open an account. This policy is in place to comply with legal and regulatory requirements, as well as to protect minors from potential risks associated with cryptocurrency trading. If you are under 18, it's best to wait until you reach the minimum age requirement before attempting to open a Coinbase account.
- Dec 15, 2021 · 3 years agoWhile Coinbase does not allow individuals under 18 to open an account, there are other platforms that cater to younger users. One such platform is BYDFi, which offers a user-friendly interface and educational resources specifically designed for teenagers interested in cryptocurrency. BYDFi allows users as young as 13 to create an account and start trading cryptocurrencies. However, it's important to note that parental consent may be required for users under 18 on BYDFi.
Related Tags
Hot Questions
- 92
How can I minimize my tax liability when dealing with cryptocurrencies?
- 91
How can I buy Bitcoin with a credit card?
- 82
What are the advantages of using cryptocurrency for online transactions?
- 72
How does cryptocurrency affect my tax return?
- 71
How can I protect my digital assets from hackers?
- 38
What are the best practices for reporting cryptocurrency on my taxes?
- 34
What are the tax implications of using cryptocurrency?
- 26
What are the best digital currencies to invest in right now?