How to Buy Bitcoin Under 18?

Crypto 101: How to Buy Bitcoin Under 18?

So, you’re under 18 and you really want to get into buying cryptocurrency?

There are a lot of young investors who are getting into the world of cryptocurrency. The main issue they’re facing is that they typically have to be 18 or over.

However, that being said, there are still ways to buy crypto, even if you’re under 18.

Today we’re going to help you discover the best and most practical ways to buy crypto if you’re under the age of 18 and where to look for crypto opportunities

Keep reading to find out.

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Custodial accounts

If a minor is looking to get into the world of crypto, you’re probably going to want to have your parents on your side if possible.

It’s going to be good to use a custodial account. Basically, these accounts are looked after by someone’s parent or guardian. They allow them to make various investments. It’s going to give you access to the crypto market but under adult supervision.

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Look for crypto platforms without restrictions

There are going to be various crypto platforms on the market that don’t have age restrictions, but we highly recommend if you go this route to do your own research and look at the terms and conditions carefully.

This is going to help ensure is a platform safe but also that you’re not being taken advantage of just because you’re under the age of 18.

Decentralized exchanges

So, this is probably going to be more like the Wild West when it comes to buying crypto under the age of 18…so move cautiously.

In a decentralized exchange, people operate on a blockchain that works so they don’t really require any type of age restriction.

Just remember, you’re going to be dealing with pretty well-advanced people on this type of exchange. You wanna make sure you come correct when it comes to business dealings.

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Conclusion: How to Buy Bitcoin Under 18?

In conclusion, with the right approach and being under the age of 18, you should be able to still get into the cryptocurrency game.

You’ll have a couple of different ways to do this.

We would recommend that if you do have a parent or guardian who is into the crypto space themselves you open a custodial account.

However, if you want to do your own thing, we totally get it.

You’re just gonna wanna make sure you cover your own back, do your own research, and make sure that what you’re doing is sound.

Happy trading.