There are technically no age restrictions that keep children from trading or mining cryptocurrencies.
However, popular crypto brokers like Coinbase and Paypal require users to be at least 18 years old in order to purchase crypto.
Note: Platforms must comply with government regulations that restrict children under 18 from buying crypto – or stocks for that matter – without the support of a parent.
Parents that buy popular cryptocurrencies, such as Bitcoin, Ethereum, and Solana, for their children and hold the account can eventually transfer funds to their child.
UNest offers a way for parents to do this. With a UNest Plus membership, parents can buy and hold crypto for the benefit of their child and transfer funds once the child turns 18.
This material is for informational purposes only and should not be construed as financial, legal, or tax advice. You should consult your own financial, legal, and tax advisors before engaging in any transaction. Information, including hypothetical projections of finances, may not take into account taxes, commissions, or other factors which may significantly affect potential outcomes. This material should not be considered an offer or recommendation to buy or sell a security. While information and sources are believed to be accurate, UNest does not guarantee the accuracy or completeness of any information or source provided herein and is under no obligation to update this information.
