It can be hard to find out how to buy bitcoin under 18. This is because the prices are so high and there is a huge demand for the coins. However, there are several ways to get the coins you need. These include: OTC methods, gift cards, and decentralized exchanges.
Crypto exchange KuCoin
KuCoin is one of the top crypto trading platforms in the world, offering a wide range of coins to buy and sell. It offers low fees and a user-friendly interface.
To purchase cryptocurrencies, you need to register and verify your identity. You can do so online or over the phone. The registration process is easy and you can get started in just a few minutes.
After completing the registration process, you will receive a confirmation email. Make sure you check this mail to ensure that everything is done correctly. Once your account is verified, you will be able to start trading.
KuCoin is also offering a bonus plan for new users. New users will receive a portion of the trading fees from the platform. This incentive plan is meant to drive traffic to the exchange and boost the subscriber base.
Peer-to-peer
Buying cryptocurrency is a great way to start investing at an early age. There are a number of different ways to get started. Depending on your needs, you can opt for online payment methods like credit/debit card and PayPal, or you can trade with peers through peer-to-peer (P2P) platforms. You may also want to consult with your parents about the best way to invest.
There are a number of crypto platforms available, each with their own set of rules and regulations. To pick the right one, it’s important to find out if the site you choose offers safety, security, and privacy. If you’re looking for the easiest way to buy bitcoin, you’ll probably want to go with a regular exchange.
One of the most popular sites for underage buyers is Bybit https://www.bybit.com/en-US/ . This website allows users to buy and sell BTC, and you can do it with your PayPal account, credit card, or a bank account. They also have an escrow option, so you don’t have to worry about losing your money.
Decentralized exchanges
If you are an under-18 crypto enthusiast, you have many options to consider. While there are no legal age restrictions on buying or investing in cryptocurrencies, you may be in for a surprise if you are planning on opening an account on a major exchange.
However, some decentralized exchanges allow you to buy bitcoin under 18. For example, you can use Purse to purchase a few dollars worth of Amazon gift cards in exchange for the digital currency. Similarly, you can use Binance to purchase and trade BTC for other digital currencies.
It’s important to remember that while you can buy bitcoin under 18, you cannot own it. Instead, you need to have it legally transferred to your name by your parents or guardians.
The best way to acquire bitcoin under 18 is to shop around for a reputable exchange. You’ll want to read the reviews and talk to other users to determine which platforms are the most secure.
Gift cards
Buying crypto with gift cards is a fun way to start trading with cryptocurrencies. There are thousands of options. However, not all exchanges and sites accept gift cards. So you should be careful about where you buy your crypto.
Whether you are looking to purchase a single gift card or a full portfolio, you need to know where to shop. Here are some places to shop that support crypto purchases.
Paxful – This is one of the largest exchanges for buying and selling gift cards. It has a secure escrow system. The user can choose their preferred payment method and receive a real-time list of available offers. Once the buyer selects a trade, they can only cancel it once they click the “Paid” button.
CoinGate – A great place to start is to check out the catalog. You can search by type of gift card, amount, and currency. They also offer instant delivery and region-free payments.
OTC method
If you are an underage investor and want to buy a few cryptocurrencies, you can do so using the over-the-counter (OTC) method. However, you need to make sure you are dealing with a reliable broker. There are several methods to choose from, and you should do your research and discuss your investment plans with your parents or guardians.
Most cryptocurrency exchanges will not let you buy or trade with underage users. This is because of the risks involved with investing in this type of asset. Several jurisdictions have established minimum age limits for purchasing and trading. For example, China has made it illegal for minors to purchase and trade digital currencies.
Alternatively, you can buy gift cards online. Gift cards are available at many stores, including Amazon and iTunes. You can buy a card with your credit or debit card. Once you have your card, you can use it to pay for the cryptocurrencies.