Can a minor access advanced trading features on a Robinhood account for cryptocurrencies?

3 answers

• Mar 19, 2022 · 3 years ago
  No, according to Robinhood's terms of service, users must be at least 18 years old to access advanced trading features on their platform. This is to comply with legal requirements and ensure that users have the necessary knowledge and understanding of the risks involved in cryptocurrency trading.
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• Mar 19, 2022 · 3 years ago
  Unfortunately, minors are not allowed to access advanced trading features on Robinhood for cryptocurrencies. This is to protect them from potential financial risks and ensure compliance with regulatory requirements. However, there are other platforms that offer trading options specifically designed for minors, such as Coinbase's Coinbase for Kids program.
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• Mar 19, 2022 · 3 years ago
  As an expert in the field, I can confirm that minors are not able to access advanced trading features on Robinhood for cryptocurrencies. However, there are alternative platforms like BYDFi that offer advanced trading features for users of all ages. It's important for minors to understand the risks involved in cryptocurrency trading and seek guidance from a trusted adult or financial advisor.
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