common-close-0
BYDFi
Trade wherever you are!

What is the age requirement for buying cryptocurrencies?

avatarSchmidt AkhtarDec 15, 2021 · 3 years ago3 answers

What is the minimum age someone needs to be in order to legally purchase cryptocurrencies?

What is the age requirement for buying cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The age requirement for buying cryptocurrencies varies depending on the jurisdiction. In most countries, the minimum age is 18 years old. However, there are some countries where the minimum age is 21 or even higher. It's important to check the local regulations and legal requirements before buying cryptocurrencies to ensure compliance with the law.
  • avatarDec 15, 2021 · 3 years ago
    To legally buy cryptocurrencies, you typically need to be at least 18 years old. This age requirement is in place to protect minors from potential risks and ensure responsible financial decision-making. It's always a good idea to familiarize yourself with the laws and regulations regarding cryptocurrencies in your country or region before making any purchases.
  • avatarDec 15, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the age requirement for buying cryptocurrencies is 18 years old. This is to comply with legal regulations and ensure the responsible use of cryptocurrencies. It's important for individuals to be of legal age and have a clear understanding of the risks involved in cryptocurrency investments before making any transactions.