Do you need to be over 18 to buy crypto

do you need to be over 18 to buy crypto

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While the legal age to buy crypto is 18, you can give your child cryptocurrency for the future. Until kids are 18, parents can buy them and have authority. There is no minimum age to use cryptocurrency, but. If you're old enough to appreciate it, you should be old enough to buy it. In practice though, most exchanges mandate a minimum age of 18, in.
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You could also explain it by comparing them to Amazon gift cards. How Teens Can Invest in Crypto Through Special Custodial Accounts Another way to invest directly in cryptocurrency is to buy the asset through special online brokers set up to make it easier for parents to help their kids invest in crypto through custodial accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The truth is, there are several risks involved in buying cryptocurrency:.