common-close-0
BYDFi
Trade wherever you are!

What are the best apps for buying cryptocurrency if you are under 18?

avatarRahul SapraDec 15, 2021 · 3 years ago3 answers

I am under 18 years old and interested in buying cryptocurrency. What are the best apps that I can use to buy cryptocurrency considering my age?

What are the best apps for buying cryptocurrency if you are under 18?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I would recommend using Coinbase. It is a popular and user-friendly app that allows users under 18 to buy and sell cryptocurrencies. Coinbase has a strong reputation and provides a secure platform for trading. Just make sure to comply with the legal requirements and regulations in your country before using the app. Another option is Binance, one of the largest cryptocurrency exchanges in the world. Although Binance has age restrictions for certain features, it does offer options for users under 18 to trade cryptocurrencies. However, it's important to note that Binance has different rules and regulations depending on the country, so make sure to check the requirements in your specific location. If you're looking for a more beginner-friendly app, you can consider using Robinhood. While Robinhood is primarily a stock trading app, it also offers the ability to buy and sell cryptocurrencies. It has a simple and intuitive interface, making it a good choice for younger users. Remember, it's crucial to do your own research and understand the risks associated with cryptocurrency investments before getting started. Always invest responsibly and consider seeking advice from a financial professional if needed.
  • avatarDec 15, 2021 · 3 years ago
    Hey there! If you're under 18 and want to buy cryptocurrency, you've got a few options. One of the most popular apps for buying crypto is Coinbase. They have a user-friendly interface and allow users under 18 to create accounts. Just make sure to have your parent's permission and follow any legal requirements in your country. Another app you can check out is Binance. While they have some age restrictions for certain features, they do offer options for younger users to trade cryptocurrencies. Keep in mind that the rules may vary depending on where you live, so make sure to do your research. If you prefer a more beginner-friendly app, you might want to try Robinhood. They not only offer stock trading but also allow you to buy and sell cryptocurrencies. It's a great app for getting started, especially if you're new to investing. Remember, investing in cryptocurrency carries risks, so make sure to educate yourself and only invest what you can afford to lose. Happy trading!
  • avatarDec 15, 2021 · 3 years ago
    When it comes to buying cryptocurrency if you're under 18, there are a few apps that you can consider. One of the top choices is Coinbase. It's a reputable platform that allows users under 18 to create accounts and buy cryptocurrencies. Just make sure to comply with the legal requirements in your country. If you're looking for a more advanced option, you can check out Binance. While Binance has age restrictions for certain features, they do provide options for users under 18 to trade cryptocurrencies. However, keep in mind that the rules may vary depending on your location. Another app worth mentioning is Robinhood. Although primarily known for stock trading, Robinhood also allows you to buy and sell cryptocurrencies. It's a user-friendly app that can be a good choice for beginners. Remember, it's important to understand the risks involved in cryptocurrency investments and to make informed decisions. Consider doing thorough research and seeking advice from professionals if needed.