Coinbase, Exchanges

Can I Open a Coinbase Account for My Child?

Yes, you can open a Coinbase account for your child. Doing so can help them begin to learn about cryptocurrencies and how they work.

It can also give them a way to start investing in these digital assets.

There are a few things to keep in mind when opening a Coinbase account for your child. First, you will need to be the child’s legal guardian in order to open an account on their behalf.

NOTE: WARNING: Coinbase accounts are not intended for use by minors and should not be opened by anyone under the age of 18. Opening an account on behalf of a minor may subject you to legal and financial risks. Furthermore, Coinbase does not offer services to users in certain jurisdictions, including the United States. Before opening an account for a minor, please research applicable laws and regulations in your jurisdiction.

Second, you will need to select the “I am opening an account for someone else” option when creating the account. Finally, you will need to add your child as a beneficiary on the account.

Once you have completed these steps, your child will be able to log into their Coinbase account and start buying and selling cryptocurrencies. They can also use their account to send and receive payments in cryptocurrencies.

Overall, opening a Coinbase account for your child can be a great way to help them get started with cryptocurrencies. Just be sure to follow the steps above and monitor their activity on the account to ensure they are using it safely and responsibly.

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