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What are the best ways to trade cryptocurrencies if you're under 18?

avatarDollar 2 pkrDec 15, 2021 · 3 years ago3 answers

I am under 18 years old and interested in trading cryptocurrencies. What are the best methods or platforms that I can use to trade cryptocurrencies legally and safely?

What are the best ways to trade cryptocurrencies if you're under 18?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I would recommend using a peer-to-peer trading platform that allows users under 18 to trade cryptocurrencies. These platforms often have strict verification processes to ensure the safety and legality of the transactions. One popular option is LocalBitcoins, which allows users to buy and sell Bitcoin directly with other individuals. Remember to always do thorough research and follow the regulations in your country to ensure compliance with the law.
  • avatarDec 15, 2021 · 3 years ago
    Hey there! If you're under 18 and want to trade cryptocurrencies, you might face some challenges as many exchanges have age restrictions. However, there are still a few options available. One way is to use a decentralized exchange (DEX) that doesn't require any age verification. Another option is to find a trusted adult who can open an account on your behalf. Just make sure to do your due diligence and choose a reputable platform to protect your investments.
  • avatarDec 15, 2021 · 3 years ago
    If you're under 18 and looking to trade cryptocurrencies, you might want to check out BYDFi. They offer a user-friendly platform that allows individuals of all ages to trade cryptocurrencies. With BYDFi, you can easily create an account and start trading within minutes. Just remember to always do your own research and invest responsibly. Happy trading!