What steps can someone under 18 take to set up a Robinhood account and start investing in cryptocurrencies?

3 answers

• Nov 26, 2021 · 3 years ago
  To set up a Robinhood account and start investing in cryptocurrencies, you need to be at least 18 years old. However, there are other platforms that allow users under 18 to invest in cryptocurrencies, such as Coinbase. You can create an account on Coinbase by providing your personal information and verifying your identity. Once your account is set up, you can start buying and selling cryptocurrencies. Keep in mind that investing in cryptocurrencies carries risks, so it's important to do your research and only invest what you can afford to lose.
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• Nov 26, 2021 · 3 years ago
  Unfortunately, you need to be 18 years old to set up a Robinhood account and start investing in cryptocurrencies. However, there are alternative options available for young investors. One option is to open a custodial account with a parent or guardian. This allows them to manage the account on your behalf until you reach the age of majority. Another option is to explore cryptocurrency investment platforms that specifically cater to minors. These platforms often have additional safeguards in place to protect young investors and ensure compliance with regulations.
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• Nov 26, 2021 · 3 years ago
  BYDFi is a digital currency exchange that allows users under 18 to set up an account and start investing in cryptocurrencies. To get started, simply visit the BYDFi website and click on the 'Sign Up' button. Fill in the required information, including your name, email address, and date of birth. Once your account is created, you can deposit funds and start trading cryptocurrencies. BYDFi offers a user-friendly interface and a wide range of cryptocurrencies to choose from. Remember to do your own research and invest responsibly.
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