What are the age restrictions for opening a brokerage account to trade cryptocurrencies?

3 answers

• Thomas WongAug 10, 2024 · a year ago
  To open a brokerage account and trade cryptocurrencies, the age restrictions vary depending on the country and the specific brokerage platform. In most countries, the minimum age requirement is 18 years old. However, some countries may have higher age restrictions, such as 21 years old. It's important to check the regulations and requirements of your country and the brokerage platform you wish to use.
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• Teja FrostFeb 14, 2021 · 5 years ago
  If you're under the legal age to open a brokerage account, you may consider opening a custodial account. A custodial account allows a parent or guardian to manage and control the account on behalf of a minor. This way, you can still invest in cryptocurrencies under the supervision of an adult.
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• SahanaJun 25, 2023 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, the age restriction for opening a brokerage account is 18 years old. However, it's always recommended to check the specific requirements of the brokerage platform you're interested in, as they may have different policies and regulations regarding age restrictions.
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