Are there any limitations for underage users when using Robinhood for cryptocurrency trading?

3 answers

• daidai shuSep 01, 2024 · a year ago
  As of my knowledge, Robinhood requires users to be at least 18 years old to open an account and trade cryptocurrency. This is due to legal restrictions and regulations surrounding cryptocurrency trading. It's important to comply with the age requirements set by Robinhood to ensure a smooth and legal trading experience.
  320

  160
• Poorani AyswariyaJun 22, 2021 · 5 years ago
  Unfortunately, underage users are not allowed to trade cryptocurrency on Robinhood. This is because Robinhood is required to comply with regulations and laws regarding the trading of digital assets. It's important for underage individuals to wait until they reach the legal age to engage in cryptocurrency trading on Robinhood or explore other platforms that may have different age restrictions.
  395

  132
• Dylan LiApr 21, 2022 · 4 years ago
  According to BYDFi, a digital currency exchange, they also have age restrictions in place for cryptocurrency trading. Users need to be at least 18 years old to open an account and trade on their platform. It's crucial for underage individuals to respect these age limitations and wait until they are of legal age to participate in cryptocurrency trading.
  354

  89