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What are the best ways to buy bitcoin if you are underage?

avatarShutkaaaaaNov 29, 2021 · 3 years ago3 answers

I am underage and interested in buying bitcoin. What are the best methods available for me to purchase bitcoin legally and safely?

What are the best ways to buy bitcoin if you are underage?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    As an underage individual, it's important to follow the legal requirements when purchasing bitcoin. One of the best ways to buy bitcoin if you are underage is to ask a parent or guardian to create an account on a reputable cryptocurrency exchange and make the purchase on your behalf. This ensures that the transaction is done legally and with the necessary permissions. Remember to always prioritize safety and security when dealing with cryptocurrencies!
  • avatarNov 29, 2021 · 3 years ago
    If you're underage and looking to buy bitcoin, one option is to use peer-to-peer marketplaces. These platforms allow you to connect with sellers directly and negotiate the terms of the transaction. However, be cautious and verify the reputation of the seller before proceeding. It's also important to note that some platforms may have age restrictions, so make sure to check the terms and conditions before using them.
  • avatarNov 29, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a solution for underage individuals to buy bitcoin. They have a specific program that allows minors to create accounts with the consent of a parent or guardian. This program ensures compliance with legal requirements and provides a safe environment for underage individuals to participate in the cryptocurrency market. If you are underage and interested in buying bitcoin, consider exploring BYDFi's program and see if it suits your needs.