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Is it necessary to be 18 or older in order to purchase crypto?

avatarLukas WalkenhorstDec 16, 2021 · 3 years ago3 answers

Is it a requirement to be 18 years old or older in order to buy cryptocurrencies?

Is it necessary to be 18 or older in order to purchase crypto?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is generally necessary to be 18 years old or older to purchase cryptocurrencies. This age requirement is in place due to legal regulations and to ensure responsible use of digital assets. It is important to comply with the age restrictions set by the platforms and exchanges you use to buy cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! You need to be 18 or older to buy crypto. It's like buying alcohol or cigarettes, you need to be of legal age. So, if you're not 18 yet, you'll have to wait a bit longer before diving into the world of cryptocurrencies. But hey, good things come to those who wait, right?
  • avatarDec 16, 2021 · 3 years ago
    Yes, according to BYDFi, one of the leading cryptocurrency exchanges, you must be 18 years old or older to purchase crypto. This age requirement is in place to comply with legal regulations and to ensure a safe and responsible trading environment for all users. It's important to provide accurate information and adhere to the age restrictions set by the exchange you choose to trade on.