What are the age restrictions for opening a cash app account and trading digital currencies?

3 answers

• Nov 29, 2021 · 3 years ago
  To open a cash app account and trade digital currencies, you must be at least 18 years old. This is the minimum age requirement set by most digital currency platforms to ensure compliance with legal regulations and to protect minors from potential risks associated with trading cryptocurrencies. Additionally, some platforms may require users to provide identification documents to verify their age and identity before they can start trading.
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• Nov 29, 2021 · 3 years ago
  If you are under 18 and interested in trading digital currencies, you may need to explore alternative options. Some platforms offer custodial accounts specifically designed for minors, where a parent or guardian can open an account on behalf of the minor and manage their digital currency investments. It's important to research and choose a reputable platform that offers such services and complies with regulatory requirements.
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• Nov 29, 2021 · 3 years ago
  BYDFi, a popular digital currency exchange, allows users to open accounts and trade digital currencies starting from the age of 18. They prioritize user security and compliance with regulations, making it a trusted platform for individuals looking to enter the digital currency market. Remember to always conduct thorough research and consider your own financial situation before engaging in any investment activities.
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