You can buy Bitcoin on crypto exchanges that don’t require you to complete KYC, on peer-to-peer (P2P) platforms, on Bitcoin ATMs, or via gift and prepaid cards. In the following sections, we are going to examine each of these methods in more detail. If you’re a minor looking to buy bitcoin, one option to consider is purchasing it with gift cards. Many online platforms and marketplaces allow users to exchange gift cards for bitcoin, providing a convenient method for acquiring cryptocurrency. This platform provides a secure environment where users can create offers to buy or sell bitcoin.

• Moreover, it’s essential to consider the source of funds used to purchase bitcoin as a minor.
• Instead, they use smart contracts, like computer programs that automatically handle transactions.
• You only need to create an account and buy your favorite coins or tokens.
• A bitcoin voucher system is an alternative method for purchasing bitcoin, especially for minors who may not have access to traditional banking systems or online exchanges.
• KuCoin is a market-leading trading platform that allows investors to purchase over 700 different cryptocurrencies.
• These machines allow you to purchase Bitcoin using cash or a debit card.

For more information, you can check our list of the best P2P crypto exchanges. Bitcoin ATMs can also be a viable option for purchasing bitcoin as a minor. These machines allow you to buy bitcoin using cash or even your debit card. However, it’s important to note that some ATMs do have age restrictions, so be sure to check the requirements before using one.

What Is the Safest Way to Buy Cryptocurrency Under 18?

Also, you can access no KYC crypto exchanges to buy crypto when you’re under 18. These exchanges provide anonymity for users of all ages but may have trading limitations. Buying crypto under 18 can be a challenging task, but not an impossible one. There are several ways to access the crypto space, such as peer-to-peer platforms, Bitcoin ATMs, gift cards, and crypto exchange custodial accounts. Buying crypto under 18 isn’t easy, but many teens still want to get started early. Most big exchanges like Binance or Coinbase need you to be 18 or older.

Using Decentralized Exchanges

It has low trading fees, such as no fees for spot trading, no fees for futures makers, and a 0.01% fee for futures takers. You can also get a 10% discount by holding MX tokens, the platform token of MEXC. Also, without proper knowledge, you may invest poorly and lose everything. If you don’t use a secure wallet, your crypto can be hacked or stolen.

Kucoin is one of the best cryptocurrency exchanges that allows you to buy, sell, and trade Bitcoin, Ethereum, and 700+ altcoins. Regardless of the method you choose, security and privacy should be prioritized. Set up a secure bitcoin wallet, implement strong passwords and two-factor authentication, and store your private keys offline for maximum protection. Be cautious when using public Wi-Fi, validate websites and applications, and stay updated on the latest security best practices. By buying bitcoin through a bitcoin exchange, you can easily acquire the cryptocurrency using fiat currency and have control over your purchases and holdings. Bitcoin, the most well-known and widely-used digital currency, has gained immense popularity in recent years.

Buying Bitcoin on cryptocurrency exchanges using other cryptocurrencies is very easy and can be done on virtually any exchange, whether you are 18 or not. However, onboarding fiat like USD and EUR to buy crypto is a completely different story. By utilizing a bitcoin voucher system, minors can still enjoy the benefits of owning bitcoin, even without access to traditional banking systems or online exchanges. Keep in mind that gift card exchanges may involve transaction fees, as well as potential differences in the exchange rate. It’s also important to note that gift cards have limitations and may not always offer the full value in bitcoin.

How to Buy Bitcoin Under 18? Age Limit in 2023 CoinCodex (

However, the easiest option is to use the exchange’s ‘Fast Trade’ option. Fast Trade allows individuals to purchase crypto directly using various payment methods including Visa, Mastercard, and bank transfer. The younger generation may fail at investing independently due to a lack of understanding of cryptocurrencies. Lack of information can cause loss of funds, and, as often happens, parents do not know that their child has become a young crypto investor. To avoid such situations, large crypto platforms require identity verification.

What Is Bitcoin Cash?

Learn how to securely pay with ETH using WalletConnect in Guarda Wallet. This step-by-step guide shows you how to connect to third-party services and dApps without exposing your private keys—perfect for safe, seamless crypto payments. Safe and Simple way to get crypto with debit/credit card or a SEPA transfer directly in your wallet.

Vietnam’s New Crypto Rules: Insights from 5 Phút Crypto’s Expert

• While there are legal considerations to keep in mind, there are options available for purchasing bitcoin without violating any laws.
• The world-leading platform does not require KYC verification to make spot purchases and provides a safe, secure, and clean environment to start building a crypto portfolio.
• If you’re a minor looking to buy bitcoin, one option to consider is purchasing it with gift cards.
• Bitcoin ATMs are one of the most convenient ways of buying and selling Bitcoin if you are under 18.
• There are 10 million registered users and more than 200,000 daily active users on MEXC.

It’s better to learn first, stay safe, and wait until you are legally allowed to invest. For a teenager buying crypto under 18, P2P trading might seem like a way to buy crypto without strict age checks, as it is a direct agreement between two individuals. Bitcoin ATMs are physical machines, like regular bank ATMs, where you can buy or sometimes sell Bitcoin and other cryptocurrencies using cash or a debit card. This guide explains how to buy crypto under 18 safely and smartly.

How To Buy Cryptocurrency Under 18

When using a bitcoin ATM, it’s important to be cautious and aware of potential scams. Ensure that you are using a reputable and trustworthy ATM, and always verify the transaction details before completing the purchase. It is a privacy-focused crypto exchange that makes it perfect for those under 18. With privacy at the forefront, users can take advantage of all CoinEx products without needing to submit KYC documentation. As mentioned above, parents can be involved in the financial upbringing of a child.

Buying Bitcoin with Gift Cards

It has over 16 million registered users from more than 200 countries and regions and provides 24/7 customer service support. Cryptocurrencies have gained significant popularity among adolescents, who perceive them as a means of engaging in a global community, expressing their creativity, and earning money. 9% of adolescents in the United States currently possess cryptocurrency, according to a survey conducted by Piper Sandlerl. Another report by RSM US indicates that 25% of adolescents would invest in digital assets if they were provided with funds.

Converting How to buy bitcoin under 18 Bitcoin to other crypto assets can easily be done by those under 18. In fact, Bitcoin ATMs are probably the only consistent way of converting Bitcoin to cash. First, it’s important to understand the age restrictions in your jurisdiction. Some countries may have a minimum age requirement to buy or own bitcoin, while others may not have any specific age restrictions. Research the regulations in your country to ensure you are compliant.

This is a crucial step for digital asset security and compliance. While you can register with just an email, to buy, sell, and withdraw significant amounts of crypto, you will need to complete KYC. Depending on your skills, you may find opportunities to earn Bitcoin by taking on jobs or freelancing gigs that offer cryptocurrency as payment. While those opportunities are not exactly very common, getting paid in BTC for work on the side can be a great way to start stacking Bitcoins. 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.

The maker and taker fees are 0.01% for the crypto futures margin trading and 0.05% for other trading markets such as SP500 or GOLD. The third CEX we recommend in this article is PrimeXBT, one of the best copy trading platforms that let you trade global markets with Crypto, Forex, stocks, and CFD. You can copy top traders and earn the same returns, or let others copy you and earn 20% of their profits. Your account can be permanently banned, and the exchange may report the case.