As of September 2019, Coinbase no longer allows customers who are considered to be “minors” to use their accounts. This means that anyone under the age of 18 is now prohibited from buying, selling, or transferring any digital currency on Coinbase.
While this may seem like a major setback for those hoping to get involved in the cryptocurrency market, there are still a few ways for minors to participate.
For starters, there are now a handful of Coinbase alternatives that do not have age restrictions in place. These exchanges include Binance, Kraken, and Bitfinex.
While each of these exchanges has different rules and regulations, they all allow users of all ages to create accounts and trade digital assets.
NOTE: WARNING: Coinbase is not intended for use by individuals under the age of 18. Using Coinbase under the age of 18 can be extremely risky and may expose you to significant financial losses. Additionally, using Coinbase under the age of 18 may also be illegal in some jurisdictions. If you are under the age of 18, you should not use Coinbase or any other crypto exchange without the express permission and supervision of a parent or legal guardian.
Another option for minors who want to get involved in cryptocurrency is to find an adult friend or family member who is willing to help them set up an account on one of the aforementioned exchanges. Once the account is created, the minor will then be able to buy, sell, and trade digital assets without any issues.
Lastly, minors can also consider using a crypto-focused debit card like the ones offered by BitPay or CoinsBank. These cards allows users to load them with a certain amount of Bitcoin or other cryptocurrency and then use them anywhere that debit cards are accepted.
This is a great option for those who want to make everyday purchases with cryptocurrency without having to go through the process of setting up an account on an exchange.
In conclusion, while minors are no longer able to use Coinbase, there are still a number of ways for them to participate in the cryptocurrency market. By using one of the many Coinbase alternatives or getting help from an adult friend or family member, minors can still buy, sell, and trade digital assets without any issues.
10 Related Question Answers Found
If you’re new to Coinbase, you may be wondering how to use the Coinbase app. This guide will show you how to use Coinbase for beginners. Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy and sell cryptocurrencies.
It’s no secret that the cryptocurrency industry is growing at an unprecedented rate. With the market cap of digital assets reaching over $2 trillion, it’s evident that cryptocurrencies are here to stay. One of the most popular cryptocurrency exchanges, Coinbase, has seen this growth firsthand.
If you’re new to the cryptocurrency world, you might be wondering if Coinbase is a good place to start. Coinbase is one of the most popular cryptocurrency exchanges, and it offers a user-friendly platform that is perfect for beginners. In addition, Coinbase has a built-in wallet, so you can store your coins on the site.
As the world’s largest cryptocurrency exchange, Coinbase has listed dozens of digital assets since its inception. From Bitcoin to Ethereum, Litecoin to XRP, there are a variety of cryptocurrencies available on Coinbase. But is Student Coin (STC) next in line to be added to the popular exchange?
Yes, Coinbase allows foreign citizens to open an account. However, there are a few key restrictions to be aware of. First, Coinbase is only available in a handful of countries at this time.
As one of the most popular cryptocurrencies, there is always speculation as to whether or not Verge will be added to Coinbase. While Coinbase has not yet announced whether or not they will be adding Verge, there are a few things that could make it happen. For one, Coinbase has been known to add new coins that have shown consistent growth.
If you’re new to Coinbase and trying to figure out how to create a new account, this article will help guide you through the process. Creating a new account on Coinbase is simple and only takes a few minutes. To get started, go to the Coinbase website and click on the “Sign Up” button.
It’s been a big week for Verge (XVG). First, the privacy-focused cryptocurrency announced it was partnering with TokenPay to purchase a stake in a German bank. Then, it was revealed that Mindgeek, the company behind adult entertainment sites Pornhub and RedTube, would start accepting XVG as payment.
If you’re like most people, you’re probably wondering how to verify your Coinbase account. The process is actually quite simple and only takes a few minutes. First, you’ll need to create a Coinbase account.
In order to become eligible for Coinbase, you must first create an account with them. You will then need to provide your name, email address, and create a password. Once you have done this, you will be able to log in to your account and begin the process of becoming eligible for Coinbase.
