Can minors use crypto.com to buy and sell cryptocurrencies?
Krog DueDec 20, 2021 · 3 years ago3 answers
Is it possible for individuals under the age of 18 to use the crypto.com platform to engage in buying and selling cryptocurrencies? Are there any restrictions or requirements for minors to access and use the services provided by crypto.com?
3 answers
- Dec 20, 2021 · 3 years agoAccording to crypto.com's terms of service, individuals under the age of 18 are not permitted to use their platform for buying and selling cryptocurrencies. This is due to legal and regulatory requirements that aim to protect minors from potential risks and ensure compliance with anti-money laundering and know-your-customer regulations. It is important for minors to adhere to these restrictions and seek alternative ways to engage with cryptocurrencies that are in compliance with their age and legal requirements.
- Dec 20, 2021 · 3 years agoNo, minors cannot use crypto.com to buy and sell cryptocurrencies. The platform strictly enforces age restrictions to comply with legal and regulatory requirements. Minors should explore other platforms or seek guidance from their legal guardians to engage in cryptocurrency activities in a safe and compliant manner.
- Dec 20, 2021 · 3 years agoAs an expert from BYDFi, I can confirm that crypto.com does not allow minors to use their platform for buying and selling cryptocurrencies. This policy is in place to ensure compliance with regulations and protect minors from potential risks associated with cryptocurrency transactions. Minors should explore alternative platforms or consult with their legal guardians to find suitable options for engaging with cryptocurrencies.
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