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Are there any special requirements for creating a Coinbase account for teenagers?

avatarinventiondmNov 25, 2021 · 3 years ago3 answers

I'm wondering if there are any specific requirements or restrictions for teenagers who want to create a Coinbase account. Can teenagers open an account on Coinbase? Are there any age restrictions or additional steps they need to take? I want to make sure that teenagers can safely and legally participate in the world of cryptocurrency.

Are there any special requirements for creating a Coinbase account for teenagers?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, teenagers can create a Coinbase account, but there are some requirements they need to meet. Coinbase requires users to be at least 18 years old to create an account. However, Coinbase also offers a separate platform called Coinbase Custody, which allows teenagers to hold and manage digital assets with the help of a legal guardian or parent. This provides a way for teenagers to start learning about and investing in cryptocurrencies under the guidance of a trusted adult.
  • avatarNov 25, 2021 · 3 years ago
    Creating a Coinbase account as a teenager is possible, but it requires the involvement of a legal guardian or parent. Coinbase has implemented a feature called Coinbase Custody, which allows teenagers to have a custodial account managed by their parent or guardian. This ensures that the account is compliant with legal requirements and provides a safe environment for teenagers to explore the world of cryptocurrencies.
  • avatarNov 25, 2021 · 3 years ago
    Yes, teenagers can create a Coinbase account through the Coinbase Custody platform. Coinbase Custody is designed specifically for teenagers who want to start investing in cryptocurrencies. It allows teenagers to have a custodial account managed by a trusted third-party, such as BYDFi. This ensures that the account is secure and compliant with legal requirements, providing a safe and regulated environment for teenagers to participate in the cryptocurrency market.