How to Buy Crypto Under 18 in 2025 with Minors

In some regions, there might be age restrictions or requirements for parental consent. Familiarize yourself with the regulations in your country or seek legal advice to ensure compliance. Airdrops and faucets are distribution methods used by certain projects to introduce new tokens or cryptocurrencies to the community. Participating in these events can sometimes result in receiving small amounts of various cryptocurrencies that can be converted to Bitcoin if you so choose.

• Its features and services include spot, futures, margin, lending, staking, startup, and more.
• Crypto is not a get-rich-quick scheme but a new and exciting technology that can offer many opportunities and benefits.
• The process usually involves scanning a QR code from your crypto wallet, inserting cash, and then the Bitcoin is sent to your wallet.
• You can still rake in decent earnings from crypto airdrops with minimal investment.
• However, there are still many ways a minor can hold crypto.

For a teenager, this could be a way to get a small amount of crypto with cash. However, Bitcoin ATMs often have higher fees compared to online exchanges, and the exchange rates might not be as good. Also, the legal age for using these machines can vary by location, and some might still require ID for larger transactions. This guide explains how to buy crypto under 18 safely and smartly. We compared decentralized platforms, peer-to-peer apps, and no-KYC wallets. You’ll learn what works, what’s risky, and how to avoid mistakes.

How does buying crypto under 18 compare to waiting until you’re 18?

Crypto platforms rarely provide full-featured under-18 accounts, so minors typically need adult-managed arrangements. The fundamental difference between DEX and centralized exchanges is that they do not store user funds and do not control transactions. Instead, funds are transferred directly from the user’s wallet, which he connects to the platform. Also, decentralized exchanges have no user verification procedure. Being a minor, you cannot really do that without your parent’s or guardian’s assistance. Read our list of top no-fee cryptocurrency exchanges for cost-effective crypto trading and investing.

Your account can be permanently banned, and the exchange may report the case. However, it is very important to be careful with P2P trading. There is a higher risk of scams or fraud, and you need to trust the person you are trading with. Always use a reputable P2P platform that offers security features like escrow and dispute resolution. However, DEXs can be more complicated to use, especially for beginners.

KuCoin

Also, you can use their identity card to create an account on a crypto exchange and trade digital assets. You can choose any exchange like Binance, Coinbase, Kraken, etc. But you must talk to your parent or sibling and ask them if you can use their name and ID proof to sign up. You can buy gift cards with cash or other payment methods from stores or online platforms and then use them to purchase bitcoin on P2P websites like Paxful and BitValve.

However, it is also a risky method, leading to loss of funds. Yes, like any investment, buying Bitcoin carries inherent risks, including price volatility and security concerns. Make sure to do thorough research and only invest money you can afford to lose. Kucoin is one of the best cryptocurrency exchanges that allows you to buy, sell, and trade Bitcoin, Ethereum, and 700+ altcoins.

No, it is not legal for anyone under 18 to buy cryptocurrency on regulated exchanges. Almost all crypto exchanges require users to be at least 18 years old. This rule is based on laws that prevent minors from signing legal agreements.

Are Bitcoin ATMs a safe option for underage crypto buyers?

Let’s dive into the nitty-gritty of how to trade crypto as a minor, focusing on the unique challenges you might face and how to overcome them. They are digital gift cards and contain cryptocurrency instead of the usual fiat currencies. Like any other electronic gift card, they can be freely transferred and sent anywhere in the world. Such ATMs also allow customers to buy or sell cryptocurrencies by connecting directly to a cryptocurrency exchange. Most ATMs only accept cash, but you can also find some that accept credit and debit cards. Buying Bitcoin under 18 is feasible with the right approach and parental involvement.

How to buy Bitcoin under 18?

Peer-to-peer (P2P) trading means you buy or sell cryptocurrency directly with another person, without a central exchange holding the funds. Bitcoin ATMs are physical machines, like regular bank How to buy crypto under 18 ATMs, where you can buy or sometimes sell Bitcoin and other cryptocurrencies using cash or a debit card. The content on Young and the Invested is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change.

Most major cryptocurrency exchanges require you to be an adult to open a trading account, meaning a minor can’t buy crypto on an exchange by themselves. However, there are still many ways a minor can hold crypto. Once your children have mastered basic money management concepts, such as saving in a piggy bank, they may enjoy buying crypto to learn about how financial markets work.

• If the app lets you swap between crypto and fiat, practice moving from rewards to savings, and track how the value fluctuates over time.
• Bitcoin services are not licensable activity in all U.S. states and territories.
• However, Bitcoin ATMs often have higher fees compared to online exchanges, and the exchange rates might not be as good.
• You’ll need an adult ally and a good grasp of tax implications.
• Instead, it’s better to wait until you’re 18 or ask your parents to create an account in their name and manage it legally.
• You’ll also need to provide basic information about yourself.

How to Use WalletConnect (WCT) in Guarda Wallet to Pay in ETH on Third-Party Services

There are several ways to access the crypto space, such as peer-to-peer platforms, Bitcoin ATMs, gift cards, and crypto exchange custodial accounts. Additionally, if you are underage, you can also use peer-to-peer platforms, Bitcoin ATMs, and gift cards. These ways may charge more, have fewer trading pairs, or have more risks than a regulated, centralized crypto exchange. Some platforms and retailers sell crypto gift cards or allow buying with prepaid cards. It sounds like an easy path for how to buy crypto under 18, but there are caveats. Many providers still require the redeemer to complete KYC for regulatory reasons, and card issuers may block certain merchant categories.

The same approach should be considered when the minor wants to sell Bitcoin for cash, as KYC exchanges will not permit underage accounts. Today, we will explain how you can open a crypto investment account for a minor. You have several options to buy cryptocurrency if you’re under 18. Firstly, your parent or guardian can purchase coins for you and send them to your crypto wallet via their crypto account with permission. Alternatively, you can use Bitcoin ATMs to buy crypto with cash or a debit card.

High spreads can quietly reduce your holdings, and withdrawal minimums can trap small balances. Earning is slower, but it reinforces best practices—tracking transactions, paying attention to network fees, and valuing security over speed. Airdrops are the new faucets, offering free tokens for simple tasks.

What are safe ways for a minor to get exposure to crypto?

Platforms have to adhere to regulatory guidelines to avoid legal hassles. The IRS is keen on your crypto earnings, and they’re taxed at your parents’ rate. If you’re under 19 (or 24 and a student), your unearned income up to $2,200 is safe. The crypto world is tantalizing, especially for teens eager to invest. But before you dive in, let’s get real about the legal landscape.