In most countries, you must be 18 years old to buy bitcoin. There are a few exceptions; in the United States, for example, you can buy bitcoin with a credit card from Coinbase if you are 16 years old.
However, if you are under 18, there are still ways to buy bitcoin. LocalBitcoins is a peer-to-peer marketplace that allows people to buy and sell bitcoin without an ID.
You can find someone in your local area who is willing to sell you bitcoin, and then pay them in cash or with a bank transfer. .
NOTE: WARNING: Buying Bitcoin under the age of 18 is a violation of many laws and regulations, and is highly discouraged. You may be subject to legal action or financial penalties for engaging in such activities. It is strongly advised that you seek professional financial advice before engaging in cryptocurrency-related activities.
Another option is to use a Bitcoin ATM. Bitcoin ATMs allow you to buy bitcoin with cash, and they are usually located in convenience stores or airports.
However, most Bitcoin ATMs have strict limits on how much you can buy, so they may not be the best option if you want to purchase a large amount of bitcoin.
The easiest way to buy bitcoin if you are under 18 is to use a peer-to-peer marketplace like LocalBitcoins or Paxful. These platforms allow you to find someone who is willing to sell you bitcoin, and then pay them with cash or a bank transfer.
You can also use a Bitcoin ATM if there is one available in your area, but be aware that most have strict limits on how much you can purchase.
9 Related Question Answers Found
As the popularity of Bitcoin and other cryptocurrencies continues to grow, so does the number of people looking to invest in them. But what if you’re not yet of legal age to invest? Can you still buy Bitcoin under 18?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
When it comes to investing in Bitcoin, there are a few things that you need to keep in mind. First and foremost, you need to be aware of the risks involved. Secondly, you need to be sure that you are investing in a reputable company.
It is not illegal to buy Bitcoin if you are under 18. However, there are some risks associated with doing so. For one, the value of Bitcoin is highly volatile, meaning that it can go up or down in value rapidly.
There are a few ways to buy bitcoin underage. The most common way is to use a peer-to-peer exchange like LocalBitcoins. You can also use a bitcoin ATM, or a service like Bitquick.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
At 17, most people are still in high school, worrying about things like homework, tests, and prom. Others are working part-time jobs to save up for college. And then there are those who are investing in Bitcoin.
Bitcoin trading is becoming more popular each day. Some people are intimidated by the idea of investing in Bitcoin, but it is actually quite simple. Here are a few tips on how to start trading Bitcoin for beginners.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.