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Investing in Bitcoins under 18 years old is the same as adults.
There’s no such thing as a legal age to buy Bitcoin and other cryptocurrencies for kids in any part of the world.
If you’re old enough to appreciate it, you should invest it.
In practice though, some cryptocurrency exchanges mandate a minimum age of 18, while they keep requesting for KYC requirements.
As a teenager, you have to look for an exchange that is beginner friendly. This will help you to avoid the technical side of buying BTC.
A brief on cryptocurrency for kids
If teenagers are going that big on Bitcoin investment, it shows that under aged siblings will follow up.
Most investors got into cryptocurrencies at 16 or younger, and have been hooked ever since. Some of the earliest miners were quite literally minors.
Now that you know when teenagers started dealing with cryptocurrency investments, let me takeyou through the safest processes involved.
Are you ready now?
How to buy Bitcoin under 18
You can buy Bitcoins securely and instantly on LocalCryptos, which is among the world’s trusted peer-to-peer crypto marketplace.
- Visit your account on LocalCryptos
- Select desired payment method
- Search for reputable sellers
- Make payment following vendor’s rules
- Receive Bitcoin in the exchange wallet
- Transfer your Bitcoin to secure wallet (Ledger Nano X or Trezor T)
Congratulations… you have successfully purchased your first Bitcoin on LocalCryptos marketplace, while still under 18 years old!
Frequently Asked Questions
Conclusion on Bitcoin for kids
Taking everything into account, there are some methods for purchasing your desired amount of Bitcoin as a minor.
It might take more research and due constancy than just joining in exchanging and making a buy, however, it is certainly possible.
Whether you join under one of your parent’s names or purchase OTC, there are consistent approaches to get your hands on some BTC.