Bitcoin Forum

Hi there to all of you. One of the most amazing things I've noticed about Bitcoin is that it doesn't have an age requirement before using it or creating a wallet. In traditional banking, however, one must be 16 or older to open an account, unless they have assistance from a guide who helped them do so. Additionally, no matter how young you are, no one can question you about how you make money because no one keeps an eye on your wallet.

But under 18 can find it difficult to use exchanges and platforms that are centralized. You are right because bitcoin is not centralized but decentralized and you can get your coins through decentralized exchanges or to buy it directly from someone selling bitcoin like such service offer on this forum.

Hold on there is kind of like an age requirement. A 16 year old who doesn't know hold to use a non-custodial wallet shouldn't buy Bitcoin. An uneducated, unemployed 16 year old unless he or she is a trust fund baby shouldn't think about buying Bitcoin yet. You have to spend time reading up on Bitcoin. The space is filled of scammers and hackers. If they go invest without knowledge then their first heart break will come from Bitcoin and not a girl or a boy.
The maturity level of the investor about Bitcoin is what matters.

If you're making money from illegal activities when you're young, nobody might question where it's coming from. But if you get caught, you'll face the consequences. Even though a kid with no job could invest in Bitcoin using their allowance or savings, doing anything beyond that which breaks the law will get them in trouble. However, age doesn't stop anyone from investing in Bitcoin. People of all ages who know how to earn and invest in Bitcoin can do so without any restrictions. Unlike banks or centralized bodies, Bitcoin doesn't care about your age before you can store your money. This is one of the great things about Bitcoinit gives everyone financial freedom. As long as you understand how a wallet works, how to buy Bitcoin, and most importantly, how to keep your funds safe, you're good to go.

Anything that is decentralized should be expected to work in such manner without any use of KYC, we give our personal information's because we make us of centralized commercial and financial institutions, but having the understanding of bitcoin network being decentralized, having it wallet is free and you don't need the permission from any regulatory bodies to create bitcoin wallet or maintain its uses by paying a fee, same way there is no age requirement in using the wallet or bitcoin.

Yeah, but you need traditional banking to cash out or deposit to CEX... So even though no direct age barrier exists in crypto Bitcoin, there are indirect barriers. Theoretically, you could search for P2P cash - crypto Bitcoin DEX without KYC, but it may not exist in your area.

In the future, however, if crypto Bitcoin becomes mainstream we no longer need exchanges, age is 100% no longer a problem.

No, there is no age limit in crypto. But you have to remember because crypto is a technology, those who are capable are people who already have sufficient knowledge.   From the data I obtained until now crypto users are 425 million. In some news that I read, the majority of crypto owners are 25-34 years old. There is even a survey conducted by Forbes UK at least 18-25 years old currently has 1 type of crypto. Certainly there may be some people under or Uper the age of 18, but probably not many. So I think the level of knowledge and education will affect when he will enter the Crypto world. IMO

Source:
1. https://explodingtopics.com/blog/cryptocurrency-stats#crypto-use-stats
2. https://www.forbes.com/advisor/au/investing/cryptocurrency/cryptocurrency-statistics/


I actually thought of KYC in exchanges, but maybe it's only some, not all exchanges. Besides, there are many ways to own Bitcoin and identity and age will never be used. But actually everything will deal with state institutions will require age and conditions that must be fulfilled. CMIIW

If your exit gate is bank, you will stil need a bank accout so there will be some indirect limitation. You can access Bitcoin without limits, restrictions but to exit your investment positions, you will need some methods like bank transfers for example and you will then have to deal with terms from banks.

Bitcoiner's demographic over years (https://bitcointalk.org/index.php?topic=5291907.0)

The age window when kids gain exposure and mastery of the internet keeps dropping and today there are 10-12 years olds that can perfectly understand the concept of bitcoin and are not hooked on the current system either. If  they can do that and are interested in putting some of the money they make from a lemonade stand or from selling an application into bitcoin, they should be encouraged to (with the supervision of adults if possible).

Those at more of a disadvantage are the elderly who have gotten too used to the current system to change their mindset, but we have people changing that narrative as well.

The OP is somewhat right, because it is true that anyone can create a wallet and send/receive transactions, but in order to register on CEX, they must be of legal age, and any service that requires KYC will be unreachable. However, Bitcoin allows everyone to be their own bank and, accordingly, to be somewhat financially independent, which is of great help to many people.

Bitcoin therefore has no limit when it comes to age, skin color or nationality, but it still requires some basic knowledge to be able to use it safely. Therefore, I would recommend anyone who is thinking about Bitcoin to devote their time to learning first, and only then to start dealing with practical things.

Cryptocurrency isn't bound by geography or age. It's the global nature and allure of potential profits that make it enticing to people of all age groups. After all, who hasn't heard of the teenager who made a fortune from Bitcoin? Now, while cryptocurrency itself doesn't come with an age tag, the platforms where you buy or sell them might. Most platforms have an age restriction, typically 18 or older. In many countries, 18 is considered the age of majority. That's when you can vote, drink, and yes, make significant financial decisions. Platforms might keep this as their standard to ensure users are legally accountable for their transactions. Investment isn't just about putting money in; it's about weighing risks, understanding the market, and making informed choices. And let's be honest, do most teenagers you know exhibit this level of caution?
 Instead of shunning the young from crypto, how about educating them? With proper guidance and resources, the youth can be well-equipped to venture into the crypto world responsibly. Cryptocurrency, in essence, isn't ageist. However, for safety and legality, platforms impose age restrictions. But remember, where there's a will, there's a way. With the right guidance and a sprinkle of passion, age becomes just a number in the vast crypto universe. Before getting involved in cryptocurrency activities, it's advisable to check the terms of service of the specific platforms you intend to use and be aware of any legal requirements in your jurisdiction. Always prioritize security and follow best practices when using cryptocurrency wallets and exchanges.

Bitcoin does not create an age limit when it comes to accessing it. However, one should be mature and responsible enough before engaging into bitcoin, and by being responsible, one should be knowledgeable about bitcoin risks and its wallet security. Otherwise, you are like investing from a child perspective, which means you are not serious on bitcoin and it’s okay for you to lose more than your gains or profits. And since scamming gets rapid with bitcoin, so those who access or invest in bitcoin should maximize their awareness on how to beat those scammers strategies, getting the right information is the key.

Some kids might be able to be a millionaire at a young age by having such airdrops. The only problem they got is the exchange or cashing out those profits from airdrops or trading. Sometimes there are users with such potential on trading that they might use their parents account or id to register on a platform. My take on this is even their kids they must be legally age before doing this.

Even though these exchanges or companies didn't accept minors, but if they earn money or have unearned income, they need to pay tax. :o

1. https://www.irs.gov/taxtopics/tc553
2. https://turbotax.intuit.com/tax-tips/family/at-what-income-does-a-minor-have-to-file-an-income-tax-return/L6HOdGp6i

It's really crazy how the government want to tax the thing that they restricts, they don't want to miss anything that could give benefit to them.

You would still need to be 18 or over that age to buy Bitcoin. Whether you buy Bitcoin being underage using your parent's credit or debit card is not our concern. If you are at an age wherein you can open an account does not mean you can buy Bitcoin. If you are living in locations where Bitcoin cannot be bought using banks debit or credit card then you will not be able to do anything. In my country, it is very hard to buy Bitcoin with banking technologies whereas we can buy it with alternate solutions but it will cost more.

It depends on your choice, there are several crypto activities that involve user personal data such as those related to centralized services. Here, you can still avoid it with several KYC-less methods.
It's lucky if your country allows the use of bitcoin, because you don't need a bank account at all.

It is true that age, race, religion, or caste do not prevent anyone from investing in Bitcoin. Rather, Bitcoin financial security helps with freedom because it is decentralized and Bitcoin investments act as everyone's own bank. Moreover, every centralized exchange has certain conditions for registration with a certain age limit along with personal information, which we know as KYC. Your registration is canceled if you are below the age limit. And for this matter, I was a victim of this several years ago. I could not open an account for myself due to the age difference. I had to wait until a certain age. (And it was very painful for me.)
However, you must remember that no matter your age, before investing in crypto or bitcoin, you need to be secure and aware enough about your wallet and gain proper knowledge about the risks of bitcoin. The more you read, the more you will learn, know, and master.

Arguably it is. Take for example a 7 year old kid wants to venture Bitcoin. He will definitely not be able to manage funds properly because of his level of maturity. Such a  very young kid can easily be scamed due to their age factor. However when it comes to technicality relating to the Bitcoin Blockchain, I don't think age really is a limitation. Besides kids tend to be better programmers when they are younger based on their ability to assimilate fast .

Is you check properly you will even notice that most of the best Blockchain tech and programming gurus out there actually started at a very young age. So for a kid teaching them Bitcoin technicalities at a young age isn't a problem as long as the kid enjoys it and isn't forced to.

It will solely depend on the financial intelligence of the individual. I remember that I opened my first bank account at the age of seventeen when most of my age mates were just fascinated by video games and clothes. If I could remember vividly I had to go with an uncle to serve as my guide or referee. I believe I would have considered having Bitcoin if I had the knowledge and I would have been able to keep my seed phrase very safe.

With Bitcoin, there is no KYC or documentation so age is not a barrier to buying or trading on Bitcoin. All such young chap needs is knowledge and money to invest. I saw a thread in this forum when a member celebrated I think his ten years on this forum and he stated how he joined this forum at a very tender age, so even the forum has no age limitations. The beauty of the decentralized Bitcoin is that there are no age or location barriers everyone interested is invited.

Age is not a problem, but under age is a problem even though it is also an advantage if you started early. Bitcoin investment did not matter your age because you can be old and begin to know about Bitcoin late, so you can use it as a means of making your own source of income or use it to keep your life savings instead of leaving them with banks to be using them for you  ;D
Bitcoin gives financial freedom, and investing your money in Bitcoin will save its value against inflation and you will get profit whenever you need your money provided you hold the Bitcoin for long.

This might also not be a problem for anyone who has their ways and knows how to go about things, just like kids who run YouTube channels that generate them enough funds. 
 
If the teenagers know their way, they can easily use P2P to sell whenever they want to, and they can either use any of their trusted relative accounts to receive the funds, which I can trade for gift cards that they can use for shopping in both online and outdoor shops. The world is now in a state where everything is completely possible if you just know your way.

Age is not a limitation for you to get your personal wallet but where the problem falls is how to get the Bitcoin because you need a personal bank account which needs to be funded with money in exchange of bitcoin if you want to buy bitcoin from exchange wallet. Bitcoin doesn't have age limit but since most exchanges consider kyc as a requirement to make use of their exchange that means getting bitcoin will be challenging for those that falls below the age of 18.

I think the reason it is this way, exchanges are using the policy of traditional bank but as for bitcoin itself owning it their is no discrimination, anybody can have it irrespective of the age, gender, anybody can have access to it without being asked any questions for having it.

I do not think that age is NOT a factor in the cryptocurrency world given that most exchanges do not ask for any KYC or personal information.

For example, you can easily find an exchange that only requires you to fill up basic information. Most exchanges also do NOT have the option of providing any KYC documents unless the exchange that you are creating an account to is your local exchange in that country.

In the Philippines, our local exchange (coins.ph) has a very stringent application in order to avail of the benefits. If you are a free user, meaning you do not submit any KYC, then you only have a maximum withdrawal of $200 per month which is very low. If you avail of the high-tier benefits, then you are required to submit KYC and your withdrawal limits would increase up to $10,000 per year.

Also, age is also not a factor when it comes to understanding the fundamentals of BTC. As long as you are open in learning its fundamentals, then age would not be a hindrance to your journey here.

You are not wrong actually but there's a little bit of mistake in your comment, yes there's not age limitations because you can create a bitcoin wallet, you can create your own Bitcoin wallet at any age as long as you know the best and safest wallet for you. One at the age of 10 can start investing in Bitcoin as long as they have the bold knowledge about Bitcoin.
However someone with a technical knowledge in Bitcoin can trace and Bitcoin transactions because Bitcoin is a transparent things that everyone that's has a technical eyes can see boldly. The other thung I want you to know is that Bitcoin traceable but you can recover any Bitcoin that is lost, any Bitcoin you lose can not come back because it's not a gamble thing that you pray to win one day. You have to keep every bitcoin wallet seed phrase properly and in safe place.
Fiat is traceable and if you mistakenly send money to another person mistakenly you can recover the money even without the person consent because it's controlled my CBN.

yeah, it's quite different from our normal traditional banking system but even at that age is also a major factor while acquiring bitcoin because your understanding as a teenager is not as same as an adult. And also, most exchanges might require some identification cards for verification and validation and those cards are gotten when you have reached the statutory age requirement of your country, hence Age is important in every sphere of life.

Bitcoin is decentralized in such a way that you cannot even tell the age or real identity of anyone who bought or sold it. As long as internet connection is open to everyone, anyone can buy Bitcoin or own a Bitcoin, no matter their age. But the truth is, children cannot really have true knowledge about Bitcoin unless they have come of age, at least 15 years old, and understand the means by which they can buy Bitcoin. It is easier to buy Bitcoin via direct p2p, where you get someone who agrees to send Bitcoin to your wallet and you pay them, but it can be more complicated for non-experienced users to use some platforms to buy Bitcoin. Apart from the difficulty an underage person will pass to buy Bitcoin; there are really no limitations to age while investing in Bitcoin. 

Basically, age is not a problem for people who want to get involved with Bitcoin, especially to become a Bitcoin investor or trader. What counts is his personal ability to do it. Because we can't restrict someone over a certain age from becoming an investor, that's not possible, as long as they can still access their wallet, as long as they still have the ability to remember, manage Bitcoin assets, store them, trade or something else, that's not a problem,

unless they no longer have that ability because their memory skills are quite poor or some other weakness related to increasing age. So, as long as they are born, it is not related to age. So with this condition, it is not due to age but rather to certain factors that occur in old age, and this will be different for each individual.

Well I guess that's from your own observation though because with what I have seen children do due to the exposure of the internet and technology these days, you would definitely be shocked and I think in most places or society a fifteen year old can literally even teach you the in's and outs of Bitcoin and I think buying through other means won't also be a problem, I mean if children can stream and create different accounts on different social media platforms and even pay the fees online through different payment options why then would be a limitation to these curious to get Bitcoin directly from an exchange?

Indeed, nobody asks our age and nobody dares to know it. As long as our transaction flow is smooth, they don't care anything about us. Our problem is just how to register in an exchange platform that we use for buy/sell transactions when they require KYC verification as certainly it should be in the legal age. Using the other's identity would be an alternative but it was not highly recommended because that can be a reason for compromising the safety of our funds.

In the past days, age restriction is not a factor because KYC has not been implemented yet but now, that seems a discouraging issue to most as it already limits people to investment and eliminates the anonymity of the person.

Your can be tracked by many people from the exchange you buy your bitcoin if there were any bad activity from you, and people can still scan your wallet through blockchain explorer to know how much transaction you have perform or how much that has left your wallet. Fine, this is not a case and no one can question you with your funds except if your country aren't allowed to buy and sell or even trade bitcoin at this point we can say that you are restricted from dealing with bitcoin but that doesn't stops you entirely instead you can transact with people in this platform that are trusted unlike bank where you details could be locked and blocked till you goes to the bank to rectify any issues holding you, but bitcoin is not found that way you have whatever you do and can transact from the convenient of your home provided that you have network connections.

Certainly no. You can start to invest in bitcoin even at a young age as long as there is proper guidance from your parent or guardian. The earlier you start investing in bitcoin, the bigger the ROI you will gain in the future. But of course, as you become more exposed with bitcoin, you also tend to grow your knowledge about bitcoin and finally understand it when you reach your age of maturity.

Now when it comes to buying or selling your bitcoin in an exchange, at least you should be in legal age to do that. If not, you can ask your guardian to do it for you while you are waiting to finally reach your legal age.

If you are wise enough for self custody, you are okay to be an investor in bitcoins. The approved age set by the government for banking is just a number, and it could be any number at all, It could even be reduced to 16 years in the future, so it does not really matter so much. Even in the banking sector, to show how irrelevant it is sometimes, you may find persons who own bank accounts in their names, but have been able to manipulate their age so they can be eligible to open and own the bank accounts. In bitcoins, if you are smart enough for self custody, you are okay to become an investor.

The problem of age with Bitcoin is in your ability to know how to use it "the Bitcoin technology" So In as much as you can understand how to use Bitcoin, age isn't a limitation in using Bitcoin, be you old or young, though it might seem a bit complex for the older ones to use Bitcoin because at older age the level of how they use to understand new technologies actually gets reduced.

I think that starting to invest in Bitcoin at a young age is a great idea, because everything in life deserves to be done early. They stated that the earlier the better, because if a person begins investing in Bitcoin when still young, they can gain more information than those who are older. The only thing I'll say is that it will be extremely difficult for underage individuals to determine whether the centralization is decentralized. Once he learns the difference between these two terms, it will be extremely easy for him to identify them, and from there, it will be easy for him to open his wallet and start buying any coins that he knows would produce a positive consequence in future.If we stated that that the under age are not allowed to invest, which entails that they are not allowed to go to school early, because education is the hardest place for children to learn, and parents don't mind they try taking right from the their young and spending money on them in order to gain early expertise.

That's the beauty of crypto but keep in mind that age limitations are sometimes necessary as younger ones have stupid and idiotic minds, (no offense) they just want to try everything, and in the end, they catch up in some big mess, to avoid that, we have to guide them. Besides this part, there is no age limitation in bitcoin. If you want to buy it, then you can easily buy it with money in your account.

No need to submit any kind of documents, no nothing. And you can definitely make investments in BTC with no one knowing. That's the beauty of it, but that's an issue as well (only sometimes) like there comes legal situations where you have to prove that you have funds, or made investments, but as you have lost the keys and funds as well, and no one know you are into crypto, so it will become a little hard to prove such cases. But that's so rare.

Its always an advantage if you have gained bigger amount of knowledge on such things. If your current age is not acceptable, then there’s always someone like your parent or your relative that you can ask favor to. That way, everything will be possible when it comes to selling and buying. The only thing you can’t get rid when you invest is having some amount of losses. I guess that’s certain in all types of investments.

Bitcoin is decentralized ecosystem which everyone can use without KYC but id not good for people of under age to participate in it until when they have reached the age of 18 and above. Here we have created different threads concerning children participating in bitcoin investment and different answers have been given. Some even said children should focus on their studies and when they have finished their education then they can come to bitcoin if they want it. And as a parents you can only Open a wallet for them and use DCA to invest for them and when they have grown up then you handover the password, the key to them but before then you must ask for his or her consent if he or she will be interested to use bitcoin.

Though before then you have taught them at least the basic knowledge of bitcoin so that they will not be a total stranger to it. Bitcoin is for everyone but not everyone will like to participate.

There is a non-conventional wallet for holding bitcoins which is also known as decentralized and there is no need to provide any kind of document to create a wallet where as wallet cricket will get a private key of a wallet from which anyone can access the wallet. And here this wallet can be used completely anonymously. and investing in Bitcoin and holding Bitcoin is not a bad thing and not a bad addiction so there can be no logical reason to have an age limit here.

Everyone below the age of 18 is a miner and at that time most miner never think about their future because at that time they are dependent on their parents. so their future plans don't hit their brains even at that time. there is no age limit to invest in Bitcoin so anyone can invest in Bitcoin. If someone under 18 years of age invests in Bitcoin with future thinking then it would be highly appreciated. But everyone must have a good understanding of their wallet before investing long-term in Bitcoin because. the security of those bitcoins will completely depend on the strong backup of that wallet

Dude, what you are talking is that is for only decentralized wallet so It is normal that there will be no age limit in the case of using Decentralized Wallet because no data is required for wallet creation here. As a result of the verify age need  NID or Passport or Birth Certificate will have to be shown automatically which will break Privacy.In case someone is using a centralize wallet or exchanger then he must be 18 plus because most of the good centralize exchangers require KYC verification.
But I think that in real life, just as parents don't give their full bank balance to an under aged child, in the case of Bitcoin, I don't think any parent gives their child a huge amount of Bitcoin to use. And besides I think if an underaged child can feed bitcoin there is nothing wrong as long as it is done in an illegal way.

To me, this also has nothing to do with age limits. What matters is when the person learns more about what they are about to invest in, studies the market, and makes sure they know the best time to enter and when not to, knows their limits and what they want, and also learns how to stop losing in order not to be too draining into the market, especially when an emergency bearish market comes in. 
 
There are people who are old enough, yet they find it hard to learn and understand how the market works, which leads them to make a series of mistakes that could have been avoided.

Today's teenagers sometimes have unique abilities to make money online. Without taking them anywhere offline, what prevents them from buying Bitcoin? The aggregator that is in my signature will provide very large options for purchasing Bitcoin, and it does not need your data unless, of course, you commit fraud. All coins are checked to see if the exchanger suspects something. In all other cases, a teenager who skillfully plays games and sells his heroes, for example, and buys Bitcoin will be able to build good capital for himself by the time he comes of age, naturally understanding all the intricacies of handling Bitcoin.

But again, the acceleration of today's teenagers and their level of knowledge on the Internet can sometimes easily cover the experience of an adult. Therefore, we can only welcome the desire of young people to invest their money in Bitcoin.

After the emergence of regulations regarding mandatory KYC for users of centralized exchanges, currently minors cannot make exchanges or withdrawals on these exchanges, but because Bitcoin is completely decentralized, it is very possible that everyone can still invest with Bitcoin, this is one of the advantages of Bitcoin because with bitcoin we can freely manage our own funds without third party interference and everyone can have bitcoin as long as they have an understanding of bitcoin and how to invest with it.

No age has been restricted to use bitcoin since everyone have freedom to decide on what they want to do in life. But for using multiple platforms and use them maybe they make sure that they are at legal age so there's no question will happen to both sides of gambler and the casino owners.

But banks can ask that and its not impossible as you think since they could able to a lot of things and also can able to do good decision base on what scenario he is also looking.

If you try to throw allegation to the government then provably we cannot advance on something important for us to serve.

 Age is never a limitation to learning or using Bitcoin, it's more of the mindset of the individual. the essence of creating Bitcoin by Satoshi was so that there won't be a restriction to your financial activities. One will argue that a child may not know how to handle or open a wallet but with the right guidance, it's not going to be much of a challenge. The traditional banks will ensure you are at a certain age to open an account and they will know you're underage because you'd need to appear in person as if that's the assurance that your account will not be tampered with as they please but that's not the case with Bitcoin, since you take responsibility for it and the only thing you need to worry about is ensuring your coins aren't on centralized exchanges and you don't misplace your keys, so I think just about anyone can handle this.

In theory this is true, but in practice, everything is a little different. Children too young and people too old will still have problems with this. Also, there is a category of people, even middle-aged, for whom it is mission impossible to understand the settings of their smartphone. What can we say about creating and using a bitcoinwallet. This is why it turns out that there is no age limit for using bitcoin, but there are personal limits that prevent this.

Well, yes, minors may have difficulty opening bank accounts, but what is stopping them from using cash? Nothing. But this only works offline.

Bitcoin allows such young people to receive payment online and this provides unlimited opportunities for the implementation of online business plans.

Unless you provide information about yourself, which will allow your specific identity to be associated with bitcoin wallets. Blockexplorer in public access.

In my own opinion I think is not advisable for children to go into bitcoin investment, reason been that there are a lot of scammers in the internet looking for who they will scam. you know children are very easy to get carried away, they are so easy to  brainwash. Just imagine how we are still struggling so that we won't get scammed, talk more of children who doesn't have any idea on what is going on in the internet.

You're right. Kids and crypto don't mix well. As caring adults, we need to protect our children from the potential dangers of the online world. 

The internet can be a treacherous place, filled with dubious characters hoping to take advantage of the naive and innocent and  children typically lack the knowledge and wisdom to navigate these shark-infested waters safely.  They're simply not equipped to comprehend the risks involved. So it's best to keep crypto away from kids until they mature both intellectually and emotionally.

There are smart 13 year old kids who can operate a blue wallet and they were not born that with it but because someone like a dad or much probably an uncle taught them about it and it's use, which makes 16year old old enough to get involved with bitcoin if you ask me. It's not about the age it's about the interest and intellectual capacity and learning speed of the child that matters. Bringing our children closer to know about bitcoin investment and other usefulness of bitcoin when they are still young can only make them have a foresight to the financial future ahead putting your kids ahead of their mates who lack this knowledge on time...

And it's not something you get worried about as a person about what people will say regarding how you make your money as long as you're making it legitimately you don't worry about them.

This is where liberty and freedom of Bitcoin comes to play. The fiat and the traditional banks will give you a lot of conditions while bitcoin will give you no condition. In as much as you can use the internet and able to accept the consequences of your decisions, you are good to go with bitcoin investment. The only thing that people fear is the technicality of bitcoin. But then, one doesn't need to be a guru in order to invest in bitcoin. A basic knowledge is enough irrespective of age.

Yes right, In bitcoin there is no limitation how old you are, you can create wallet and keep your bitcoin save there, but, the problem now, many exchange have limitation to create account to buy bitcoin and send it to you own wallet. With this problem and situation, you must think to search exchange where don't have limitation age, and send it. P2P exchange is solution if you under 16. but you have to pay attention too, because many P2P exchange out there who deceive their customers, You have to look for a trusted P2P exchange to get bitcoin and hold it on your non custody wallet.

If you are of mature age when it comes to investing, you will be less likely to make mistakes in these decisions and you will be able to make informed decisions. But investment can be made even if the minor is not an adult if the minor investor can take proper investment decisions. There are stages of age and by considering stages of age we think at what age people are somewhat mature and at what age maturity does not come in people. A person at the age of 30 to 40 will not take decisions in the same way as a person at the age of 14 to 18 will take decisions regarding their investments or other matters but they will take what they think is right at that time. However, a minor can also earn profit by investing if he has the ability to make sound investment decisions.

There is no age limitation that can possibly be enforced. Bitcoin is completely open to all and not even the government has the power to prohibit it. All it takes is an internet connection.

Now as to the question of whether a parent imposed age limitation is wise:

Is a $1 dollar bank note alright for children to have? What about $10? $100? Of course it is alright for them to have and spend and do whatever they want with it, but whether or not the child has been educated on how to use it and spend it responsibly is the parent's job. Teach them about Bitcoin and how to use it responsibly.

There is no age limitations for bitcoin, a 16 years old can be in possession of bitcoin because it's decentralized, on like our traditional banking system that's has so much requirements before you can open an account, There are lots of teenages that are into various activities both ON and OFFLINE that earn them good money, which they can invest in bitcoin without anybody's awareness. some of these teenages are so smart with intelligence they've obtained specifically from the internet and some few knowledge from close friends that gives them the leverage to handle both custodian and wallet and non-custodial wallet own their own.

That's correct I concur to this your statement, even now  I believe most people within the age of 18 Years who is able to pass their traditional exchange KYC can operate and invest on crypto, age is not really determinant as some even as the age of 16years has already develop a business idea and will like carry our investment to gain profit some buy small share in some company, some do lending of fiat  depends where their choice is channel .
Age may not be a barrier as long as one have the ability to run Bitcoin investment and us able to handle pass cex as you stated.

Yes there's an age limit which could hinder most under ages persons below 18 from Investing in the bitcoin and other cryptocurrencies because you'd get to the point of interconnecting your bitcoin wallets to a centralized currency which under age of 18 is ban to operate an account with. So to complete your Wallet registration with an exchange platform you'd be encountered where age limitations is necessity.

But I think this can be manoeuvred if the underaged persons had cash at hand and can buy through a third party order or even buying the bitcoin on cash with someone who might be a bitcoin Investor so the Investor can straight up fund his underages persons wallet while accepting cash on the trading exchange.
Only that the underage will never trade on his/her own without a third party bitcoin investor who he can fund his Wallet with the fractions of bitcoin in need to trade and then the Investor sells it out for him. Of it all the inconveniences would be that the underaged Investor would never operate using the centralized banking until he/she is age due to operate having one.

I think that's the perfect age for someone to start as before that you're not mature enough to make such bold decisions so we can't criticize the banking system but the plus point BTC has is that you can start it at any time. But mostly I have seen boys with less age than the maturity age experience a lot of scams in the crypto world. Their mind is at the initial stages so it gets easily trapped.

I think it's better to teach children's about the Crypto and how it works rather than making them to come in practically to the market.Yes there are rare cases in which you become mature before age but that's very rare and mostly you need time for such level if maturity to make some good investments

Crypto is meant for both young and old, as long as you're civilized, everything will work fine. The teens are even the ones seriously having the good impacts on the market, they possibly knows the next phase and doing whatever it takes to generates huge profits on their ends. There's no limitation to having pieces of bitcoin in your portfolio, just crave for good positions and also doing the necessary actions to carry activities out. Age is never a limitation to purchase bitcoin, we have trained ourselves to become educated about the market and we know what's coming.

To me age is not a barrier to venturing into Bitcoin  investments or making money . someone with the zeal or passion, ability and someone with high intelligence  can run it . We're in a challenging society now , and most teenagers take the slightest apportunity they have to making money online.

With the helps of decentralised exchanges age limitation has been put out of the crypto space, especially in bitcoin one anyone of any age can own whatever amount of unds in his or her wallet because it's not regulated. With all this features that cryptocurrencies has brought to the world have made it stand out because a lot of people has been maltreated because of age limitations and hence they now settle for cryptocurrencies.

Truly the power of decentralisation is the fact that it cannot be regulated by any law, or centralised authorities. Both teens and older people now can have whatever amount that they wish to have in there wallets without any of the governmental troubles which is very good of them.

It depends where you live or what.  Unfortunately, for many teenagers, online earning opportunities aren't that easy.  Bitcoin and other investments require money and stuff that many don't have you know.  But yeah man I agree that age doesn't gotta be a barrier or whatever.  If you got the right excitement and ability to pick things up, anyone can give it a shot! You just gotta go for it.

There is no age limit for using Bitcoin or investing in Bitcoin, but if you are an adult and have better decision-making capacity than a minor, you are definitely ahead of minors in using or investing in Bitcoin. Those who are underage have erratic decisions and cannot make proper decisions. Just as sufficient patience is necessary in making decisions on all these matters, we need to keep a cool head in making decisions on all these matters, but in the case of minor children, this matter can be observed very little. Young children do what they think and never think about what might happen to them after doing what they are doing. But a responsible person thinks about what can happen after work and what will happen if they work and then makes a decision, in this case their decision is less likely to be wrong.

bitcoin was designed from the start to be an asset that could be accessed by everyone regardless of ethnicity, nation, age, etc. because it can be accessed by everyone, that means there is no age limit to be able to access bitcoin and invest in it, because you are free to create a wallet and buy bitcoin from anyone. the most important thing is when you understand what you are doing and how you can safely safeguard the assets you own, that's all. and another problem is that if you are a minor, it may be difficult for you to access an exchange that enforces KYC, as an alternative you can access a P2P exchange and make transactions there.

There is no age requirement for buying or mining Bitcoin as it is completely decentralized and there is no KYC.  So anyone can access Bitcoin. But if one goes to buy bitcoins from a centralized exchange then he has to kyc on that exchange.  In this case, many do kyc using parents' documents. and if you use a non-custodial wallet for holding bitcoins, there is no problem with kyc. so there is no age limit anyone can use Bitcoin

Bitcoin is a decentralized exchange.  Anyone can enter here at any time.  No time limit is required for this.  Many can become world famous at a young age.  In this case we can talk about Elon Musk who created computer games at the age of 12 and later sold them.  From there he earns a lot of money.  Also holds the title of world's youngest programmer as he is only 13 years old.  But it does not mean that everyone will have equal success.  A class can have many students so not everyone is first.  It requires hard work.  So is the Bitcoin platform.  Knowledge of Bitcoin is required before entering here.  What is Bitcoin?  How is it bought and sold?  Also know how to fundraise.  Protecting funds from being hacked requires extensive knowledge.  Basically, success can only be understood if you devote a lot of time to it.

There's no limit, as long as you understand what it's for and you can generate your own wallet and buy cryptocurrency for yourself. I think what imposes the age limit are the exchanges that you are going to buy from and that needs KYC. That's going to be the issue if you were a minor. Other than that, you can make yourself your custody wallet and then let somebody else send you balance or something.

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What are you talking about? Bitcoin is not a decentralized exchange but it is being traded in a "Decentralized Exchange". I don't get the connection you are pointing out with Elon and him being young. Not connected. Just because it's young? You don't make sense IMO.

Your involvement in the crypto space stays anonymous until you reveal it by yourself so how can anyone gonna know about it that is why it is impossible to keep an eye on one one wallet because all people have unique addresses here. It can also be a problem if one is underage because some exchanges ask you to do KYC if you want to use their services but if you are using decentralized exchange services then you are good to go.

I think one can also use their elder one identity like brother or father to do KYC on the exchanges if they are buying Bitcoin on the centralized exchanges but the best is to always use your own information in these kinds of things to avoid future problems. At the end of the day, you need to have a bank account to withdraw your Bitcoin into cash so that means you must be at least above 18 years old so you can enjoy all these things of the crypto environment.

   Age is not a limitation,but to some extent,i think it might be .

   In terms of reading, there is no age limit,but investing,it is only some one from the age of 18 years can do that because that is the legal age,why am i saying from 18years, the person is matured and will be able to understand more, better  and having a higher understanding of Bitcoin and investment, knows and follow the do's and don't of the forum.

   Someone under the age of 18 is still not matured enough interlectually ,i.e not matured,the person can be reading and getting himself prepared for the right time

This is why the currency is decentralized, not centralized in the local bank; they need your full details before you will be able to use it, unlike Bitcoin. However, Bitcoin doesn't limit anybody from using it regardless of their age, and everybody can use it. That is why we say it provides financial freedom since everyone can use it. You can see that it provides freedom financially if it is in local banks; we cannot use it the way everybody is getting involved in using bitcoin. In fact, the crypto space at large.

But remember that if you are going to use an exchange to receive Bitcoin, you will provide your details, and most of those details must be at least 16 years old before you get them in my country because they include a bank verification number (BVN), so that is just it. But if you are going to create another wallet, you can do that if the wallet does not require KYC.

Maybe for now, we can say that there are no strict restrictions on age in buying Bitcoin still exchange platforms not never require KYC and there are some options that never ask for your personal identity. But I was afraid in the future where KYC would be mandatory and only legal age would be allowed to open an account. In fact, this is already been started by known and big exchange platforms. It sounds off yeah, but this could possibly happen for some reasons the authorities have seen.

We take this opportunity now while still have because sooner or later,  the system will surely change. And much more if the SEC are into their strict implementation.

The banking system has always been the problem from the first day and it was package like thing are okay and going to be better without much restrictions but still the government would want to make us pay for everything in the name of tax. Bitcoin does not have a third party like the way the bank will hold our money and want to process our transaction whenever they like. We need to be wise and take cryptocurrency very serious because this is the way forward for us not to be restricted from spending our money. Bitcoin serves as a mean of investment and also a currency we can spend to buy products without restrictions.

Yes, it has no age related restrictions and that's another positive aspect of it. In traditional banking system, minors can't have their accounts and they can't invest any money into assets. Thanks to Bitcoin, now anyone can have their own accounts (wallets), and store Bitcoin in those wallets without any type of restrictions.

Everyone want to have freedom of choice and Bitcoin gives them the freedom of choice. They are free to create their wallets, store their Bitcoin, and hold the Bitcoin to make profits in long-term. I believe that freedom is needed in everyone's life and thanks to Bitcoin, now everyone can have that freedom in their lives.

Bitcoin doesn't have any age limit, so long as the holder have the basic knowledge on how to uptiain and secure they Bitcoin which guarantee them freedom in the now and the future, this is the advantage of Bitcoin decentralized nature and for sure we have some form of personal restrictions and if being 18+ help you think critically then waiting or suggesting that one need to be 18+ at least to be able to handle and control they Bitcoin holdings.
Any age less than that should be put under the guidance of a parent who will help him secure the wallet uptil he is old enough to legally have one.

But don't you think that the under age sector of people will misuse this feature of no age limitations? Young and new trades have a sense of greed in their personalities.They see celebrities on TV and all over the internet and they want to become like them no matter at what cost.

They see crypto as a Shortcut to richness although it's not like that. So they'll in my opinion try to invest a large amount no matter how it comes. This will lead to tensions in their character development phases and it will lead to an unethical generation full of selfishness.There should be a limit to the age and it should be set by the consultation of some doctors and psychologists.

unfortunately, your thinking is biased based on th environment which you find yourself, there are people all over the world who are in a responsible environment which they have been groomed not to think of financial crime and perhaps the opposite could also happen but why don't we hope for the best?

Secondly, if bitcoin or cryptocurrency at large becomes age limited then bitcoin has deviated from its original intention of being a freedom currency, Satoshi knew all the limitations in the financial system in the world but he choice to make become decentralised, unlimited to age etc because he understood the world and how it operates.

So perhaps if there was an age limit in bitcoin, then I wouldn't be sharing my little knowledge with you because in the last few months I was completely under aged the centralised authorities policies but I hold bitcoin even we I was under aged which is the exact power of bitcoin which we discuss.
The world could be a better place from the vision of Satoshi if there is financial freedom and all we need is to be careful of how we use this new invention and that's all that is required of us. If you're a freedom fighter you could understand more of what the intention of bitcoin and/or crypto is.

The only limit on age in Bitcoin is if the intended user is not old enough to read and write and doesn't own a device with internet access and don't own a bank account. That's for a fact. 

I wouldn't even think that parents who open trust funds for their children would divulge the information so that these children can join the cryptocurrency world and do what obviously?

Bitcoin is for matured minds that understand that it is not physical money and should not be treated as such, so there's no point barely legal adult children  can't own some for both experience and experiment.

For that proper guidance is really important since we know how easily those young adults to get deceive so they must be supervise with adults who have a lot of knowledge about investment on bitcoin.

That's why exchange or other crypto platform only accept 18+ or legal age since they know that these people can handle their selves well and their company will not get any legal issues with that matter.


People always see that since they can see a lot of easy rich schemes videos or testimony online that's the reason they believe something like that and they allowed to be feed up with lies. So its important for this child to have their parents watching them so they could able to control them and give a good advice if they see their child doing excessive things.

I would say it’s always safe if you invest in bitcoin at a mature age. By being mature means you have already perceived correctly the real definition of bitcoin, as well as its risks and rewards. That way, you won’t be blinded by what these crypto influencers keep on saying about bitcoin as you have already fully understood how to make it successful with your bitcoin investment. Knowledge still creates a good foundation in your bitcoin investment.

Op even at that there are some centralized exchanges that you will like to use would asked you your ID both front and back and in that your details are clearly written there so if they see that you are under age then you will be restricted. Though he can use decentralized exchanges. But if the person mind is not strong enough to face some of the language in various platforms he might be using, he might be demoralized. So it is always good for some to start cryptocurrency investment when he has attained the adulthood so that the mind would be strong enough to defend himself. In cryptocurrency investment the languages are not meant for under age but for adults. You can only engage on buying and selling of cryptocurrencies (trading) or only in investment but even at that you must communicate with others. So your mind must be prepared.

Centralized systems have age restrictions.  In the bank, a young boy can't open any account and I think a person above 60 also can't open Bitcoin but thanks to Bitcoin it releases us from this tension. If you know about Bitcoin you can invest and earn money and no one has the authority to ask you about it. This is the real financial independence that Bitcoin gives to us no one has any right to ask you about your profit and your age restriction but I think a 16-year-old boy is too young for Bitcoin investment perhaps Bitcoin won't ask him about his age but understanding bitcoin is also necessary if you don't then how will you earn and safe your income.

The requiring factor is proper exposure and the right information impacted to him. We know psychologically Development goes along with Age and generally the accepted legal age is 18 years.

The sole reason for age restrictions in any financial market or transaction is because, they consider you don't have a proper source of income to finance your portfolio and at  that stage don't have enough emotional intelligence when it comes to investing.

In a decentralized system like Bitcoin the most important factor is knowledge and understanding to help you in good decision making process, it's not a matter of age, the financial world is open to all.
We have seen youngsters with result that started investing from 15, 16, 17 years of age.

Prioritizing the right skill set over age, we can consider one an adult yet he is making silly mistakes and decisions.

Yes, no age limit in using Bitcoin but you must be mature and knowledgeable on how to download good wallet to store your Bitcoin for long period of time and how to keep your seeds phrase away from scammers, no matter the age you are in the industry. But it will be favourable if a child can be above 15 age before having interest on Bitcoin, because at the age of 15 or 16 such children are about to round up their secondary level and they have mature to differentiate between bullish season and bearish season in the market. In this industry, once you have the knowledge of Bitcoin and crypto you are good to use Bitcoin or crypto positively and nobody can harass you like the way they use to harass children that are not up to 16 age using fiat money.

Lol, why the main point is about getting harassed? It's too much to say above 16 years old people are shame because they're using fiat, actually we're all except El Salvador are still using fiat. I even doubt most people invest their money, most of them choose to save their fiat and hand it to banks.

For the record, there was 12 years old kid bought Bitcoin https://www.unilad.com/technology/erik-finman-bitcoin-12-year-old-millionaire-invest-798094-20231207

Though I will say no then at a long run I said yes , because why I said no is  someone can still open a Bitcoin account for his son at very tenter age ,maybe from 6years and above and start monitoring the line for him till he grows maybe at the age of 18years then you show him the way forward,with this few point of my you will notice that age can never be a limitation in Bitcoin,even as we speak many has stopped saving money for their kids in bank , instead of saving money they open Bitcoin account for their kids and even their unborn children so if they grow they can manage the acct on their own that's why I said age can never be a limitation in Bitcoin.

Op they can actually keep an eye on your wallet by using the blockchain to track your transaction activities but without them knowing the person behind the wallet, that's where the fun begins from. When creating a wallet, they don't actually require any KYC and that is why you can create as many wallet as you can for even an unborn child, and you can even start accumulating for your child. But exchanges would require a KYC from the user which means, you cannot register with more than 1 verified document. However it cannot be compared with traditional banking system and that is why Bitcoin is far more better than what a traditional banking system offers.

Of course age is not a problem for Bitcoin. Starting Bitcoin at a young age is a good decision and a personal one. But sometimes a minor can make the right decision, but yes, an adult's decision is more mature than a minor's in future decisions. After investing in Bitcoin, if the price of Bitcoin goes down, many of the minors or adults may make a mistake in making the next decision, in this case, the minor makes such a decision.  Can make more mistakes. However, this is a normal phenomenon due to age differences. Be it small or big, our money will be safe in future if we do take care of personal wallet and Bitcoin from the beginning.

There is no age limitation in Bitcoin just like bank will have 16years upwards and the old may not be able to handle transaction at old age. It's not thesame thing to Bitcoin too. Bitcoin. For example bitcoin transaction need who is educated and can operate the wallet without a third party. The third party is the cause why bank has a rule which restricts underaged persons. That is the important of decentralization.

There is no age limit for Bitcoin, everyone can have it.
Even an unborn baby can own Bitcoin and then become an easy investor for Bitcoin. But of course it needs good policies to start holding and managing these investments. Even now teenagers have entered the crypto world and invested in Bitcoin and altcoins. Minors have an investment amount that they buy themselves and they learn lessons from their parents.
That became the initial education to start investing and start getting to know crypto.

Let me tell you something if you haven't known it yet but there's a forum member here in bitcointalk who is old and is a bitcoin enthusiast and that didn't stop him acquiring bitcoin so I would say bitcoin has no age limit. Anyone can have bitcoin and it's up to the person if he/she wants to own Bitcoin or not. Well, for older people doesn't have a lot of time because of the age but it doesn't mean he/she can't own bitcoin and it is also good if you are young and already in crypto world with more time and opportunities.

It's said that the wisdom of Solomon has nothing to do with the age of Methuselah, meaning that to hodle Bitcoin has nothing to do with age, what matters is to have accurate knowledge of how it works, so an older person without crypto knowledge can not hodle Bitcoin, while a younger person with the experience can. The uniqueness of Bitcoin decentralization is that a person can hold it and if he can do p2p transactions without using the exchange services, then it wouldn't matter if his underaged or not, so far he's experienced on how to protect his wallet, where age counts is when using KYC on CEX or withdrawing fiat in banks.

it free for everyone and has far as you can read then you don't have a problem because there are language settings that you can switch to any language of your choice, this shows that it is for everyone if you can read then age dose not matter. because even after creating a wallet you will be given instruction of not to share some particular information with anyone and even not to take a picture and that is why you can not even make a screenshot all this are measures to keep your assets safe, the only thing is that children should be out of the everyone we know how children can be playful, if they get other then you can introduce them.


yeah age is not a problem but the intended investor needs to be matured to be able to manage is emotions, and make decision like if I don't make profit am not selling, because teenage age is always a period for fun, so if your not matured then you have all the fun then when your ready you can invest. make sure anyone your introducing have a more matured mind to be able to take risk and not take responsibility instead of blaming people. and investing when your young and leaving it for a long time can bring you some fortune, the orientation you give to the person your introducing will help them   determine if they can hold or even stay since some people are into trading.

   Most exchanges mandate a minimum age of 18, in keeping with KYC requirements. It doesn’t matter how clearly you’ve scanned your documents and signed your name: if you’re underage, you’re not getting in. Millennials have a greater interest in cryptocurrency than any other age group. If 18-year-olds are big on bitcoin, it stands to reason that their younger tech-savvy siblings will be just as curious. Many well-known bitcoiners got into cryptocurrencies at 16 or younger and have been hooked ever since. Some of bitcoin’s earliest miners were quite literally minors. Coinbase used to permit under-18s to buy bitcoin in fact but have since debarred them from signing up. You don't have to be of legal age to buy or even trade Bitcoin. You can own cryptocurrency even as young as 13 years without getting into trouble.
  It's important to note that while there might not be age restrictions at the protocol level, there could be legal and regulatory considerations depending on your jurisdiction. In some regions, there may be age-related restrictions or requirements for engaging in financial transactions, which could impact the use of cryptocurrency. Additionally, parents and guardians should be aware of and monitor the online activities of minors, including their involvement in cryptocurrency transactions. Cryptocurrency investments and transactions carry risks, and it's important for individuals, regardless of age, to have a good understanding of the associated risks and responsibilities. Before getting involved in cryptocurrency activities, it's advisable to check the terms of service of the specific platforms you intend to use and be aware of any legal requirements in your jurisdiction. Always prioritize security and follow best practices when using cryptocurrency wallets and exchanges.

On some point a statement like that is good but sometimes it doesn't apply in real life since situation on some people might different. Maybe there are some minors are earning well on bitcoin but for sure there's a lot of them can't decide well on what to do and they are the usual target of those scammers. That's why its good to follow certain age restriction since that rules has been made to protect minor children to get away with those scams and other risk that can cause put them in trouble.

Also they might encounter an issue regarding on their wallet providers and exchange since usually they require their users to be at legal age.

Yes, minimum age of 16 to 18 years is required to open a bank account.  But there is no specific age limit for investing in Bitcoin or opening a Bitcoin wallet.  Anyone from any age can invest and save it.  But I think there is a time for everything.  Earning money can be done at any age, but it is better not to get involved in Bitcoin or forums until you are an adult.  Because every work has an age.  If someone gets involved in Bitcoin or a forum before 16, I don't think they can properly maintain or control it.

Holy shit.  Both this thread, and OP's framing of the topic has to do with bitcoin, but you seem to not even know how to use the word bitcoin in your post, and so you end up talking about some vague and amorphous concept.. . .. which seems to relate to shitcoins. .. but hey, who knows what you are talking about, especially since you failed/refused to even say the word bitcoin in order that anyone reading your post might attempt to get some kind of a bearing upon what you mean.


Wow!!!  At least you did use the word "bitcoin" once.. Otherwise, you mention "crypto" whatever the fuck that is?  six times, and maybe since cited a couple articles that also speak in the language of gobble-dee-gook, then you believe that it is acceptable to repeat such gobble-dee-gook ways of speaking?

Bitcoin is naturally designed the way it is, there is no strict restrictions against any individual for investing in Bitcoin. Bitcoin doesn't question investors age, status, location or even the amount being invested. This technology is free and fair to everyone, there's no bound to any kind of person that can invest into Bitcoin and that's the reason why I love the technology. In my country, children can have a bank account but the account will be created and operated by the parents of that kind until the child is above 18 years old.

Holy shit, my apologies for going full retard, sir...
Here's the revised version

I think you have the wrong interpretation about age. You can't climb a tree in a hurry, if you want to climb up you have to go to the base of the tree first and make preparations. You need to know and understand many things initially like transactions, scam, wallet maintenance etc. And these experiences require a lot of time. Similarly, you may have created a wallet with the help of someone and kept depositing BTC, this is undoubtedly good, but you have to remember that due to lack of experience, you may lose everything. So you have to give priority to age and be careful.

It's so true that Bitcoin is for everybody even you are young or old. It really doesn't matter if you are older than a certain age. Everyone can Use a wallet or have bitcoin if they just have an understanding of how things work Around bitcoin, that's it. There is no restriction on any kind

When Satishi writes in his whitepaper that Bitcoin is censorship resistance, these are the part of what that phrase entails. Bitcoin is open to everyone irrespective of the gender, the tribe, the race, the ethnicity or even country, nobody has any power over it because it's open for every one, not even in the absence of internet can stop Bitcoin use because there are many alternatives that Bitcoin can be access and used.

Age is not a problem when it comes to using of Bitcoin but I think on a personal opinion, children exposure should be limited when it comes to use of Bitcoin, the parent can set up the wallet for them if they want to and help them be the holder and hand over to them when they have come of age, they can also educate them on Bitcoin technology but do not let them get early exposure, there are some important things that are important about life they may skip if they have early access to Bitcoin.

This means that the bank in your country also does not set an age limit for children who want to become their own customers when it comes to opening an account book. Even though a child's parents do not give him the freedom to use the account book before he turns 18, this is also quite possible considering that the child must grow into a more mature way of thinking. But regarding Bitcoin, I think for parents who want to convey Bitcoin knowledge to their children, it can also be started before their child turns 18, even if only with a gradual explanation that can ultimately be applied by their own child when they are truly ready.

It's true that Bitcoin is open to all, like there are no age limitations; there is only knowledge and understanding, but I think being above 18 is necessary, not obligated but necessary because in the Crypto market experience is one of the dominant factors. For those who cannot gain children, time is required for experience when they do not gain experience at a young age. That's why, you see, the big exchanges have made KYC mandatory to transact on the exchange because they know that under-18s have no self-determination power, and the reason is that these people don't have experience and knowledge. Of course, but knowledge also works when there is experience. So if you do financial strategy at the request of others, then you can lose yours. So self decision power is required in the crypto industry.
 
Now if you say that many young children have made a profit by investing in Bitcoin. So the answer is that long term investment is a different thing. For this, understanding the dynamics of the market or having knowledge/experience is not required. It can be followed by just hearsay. But the fact is that financial strategy has to be understood. Meaning, if your idea is to invest in Bitcoin, then which strategy should you follow, when, and which time will be better? So, many people, including me, think that at least 18 would be better because an 18+ person has stronger self-determination than a child.
DYOR!

You know, a kid who is not yet 18 years old who no longer goes to school but only works in a clothing store recently surprised me. He asked me about bitcoin and what its future potential is after the halving, he was serious about his question before I answered with a question; where did you know about bitcoin?

This is proof that age, work background, educational background will not limit someone from knowing about bitcoin. Relationships and circle of friends as well as several other things can possibly influence someone to get to know Bitcoin more quickly than other children their age. This is clearly one of the real examples that I have encountered myself, so there are no restrictions regarding age, education, occupation, ethnicity, gender and so on in bitcoin.

When you are creating account in bank in my country, you will have to be 18+ before you can create account, if you are too young, then you won’t be allowed to create bank account, and you will have to submit different documents which will show that you are really above 18 years of age. But when you Are creating a wallet, no document is need before you can create account, so no matter the age which you are, you can buy and hold bitcoin, nobody is too young to invest in bitcoin, and nobody is too old to invest in bitcoin, everyone is free to invest in bitcoin whenever they want, age shouldn’t be an excuse for you not to invest.

Yes, the average requirement for someone to be able to open a bank account must be 16 years or older. Even in the country where I live, the age requirement to be able to create a bank account is 17 years. As far as I know, this rule is enforced because when creating a bank account there is an agreement that must be fully understood by the customer. So the bank considers that someone under 17 years of age does not have the right to create a bank account.

But bitcoin is very different from the banking system. In Bitcoin, anyone with the technology (phone, laptop, or computer) can create a wallet. This makes bitcoin a very friendly asset for all ages. Plus, as you say, if we owned bitcoin, no one would question where the money we got to buy it came from. So this bitcoin system is very good and probably almost perfect. Because apart from the aspect of not having an age limit, Bitcoin also has advantages in other aspects, such as

• Our privacy is well maintained.
• Ease of carrying the treasures we have wherever we go.
• The value or price continues to increase every cycle (4 years).

So with all these advantages, maybe in the future Bitcoin will be the most popular choice for many people (Investment assets).

Yes, in as much as there are no age limitations in Bitcoin the truth must surely be told, irrespective of the fact that age could be just a number as people may popular say while maturity is about owing and taken responsibility for your actions, maturity also  comes with a certain sense of good  reasoning, yes there are kids that are smarter than there peers or even smarter than older peers, under 18 should be properly quided in order to minimize the risk of being vulnerable and prone to be scammed, Bitcoin has really offered a lot which includes enabling borderless transactions, offering protection against inflation, preserving privacy and creating investment opportunities without the interference of government or  banks. Generally Bitcoin has given us a financial freedom.

In my point of view, I think there is a minimum age requirement but  no limit after the minimum age. because saying it has no age limit that is to say that even a 3 to 4 five years old can participate in bitcoin activities. In as much as bitcoin is concerned only educated and smart ones can do it. Because the youth of now are very smart and vibrant I even see some parents sending there children to learn coding and programming and they might do well and they are the newer generation. They should be In a better position to even know more about bitcoin because bitcoin has been the talk of the day. The future and the present

Yea people must not be 16 years to start Bitcoin journey like bank, but it is important we know the age to start with. Because if kid dont have age difference it will affect them because theyight get confuse in the technical and mathematical aspect of it, except for those leaned ones .

I totally agree with you because nowadays it's as if some children are born with technology in their brain, you will see a child of 7-9 years operating computer and running codes like it's nothing ( I mean very easy). But one thing is paramount, under age will always be under age no matter what because they are yet to experience things, despite the fact that they are smart their brain is yet to be matured that's why they easily fall victim of fraud online because they are easily convinced and carried away by what they hear and see.

In the current era, what is needed is skill and mastery of technology, especially Bitcoin, everyone can now join in investing in Bitcoin, there is no age limit in this case, even now the average young person is starting to work day and night in front of a laptop to earn more. from bitcoin, there are also older people investing through bitcoin trading and creating small groups as discussion and information sharing material, so it can be concluded that in the crypto world, people are needed who want to, not smart people, people who want to still have a desire. To be able to do it, while smart people think they are smart, it's hard to join.

There is no age limit, what is needed for bitcoin is courage and also understanding the work system or work process, so here it is clear that you must be able to analyze the market and like to read about every development in the world of cryptocurrency, many children as young as fifteen already have bitcoin assets. abundant and also parents who are sixty years old are still enthusiastic about working to get more profits from bitcoin, all need hard work and smart work, everyone will be successful in the world of bitcoin

Getting involved in cryptocurrency isn't deal with age at all.  I know that there will be a lot of people out there that bought Bitcoin years back and name it after there kids just  like one can buy land and keep for future of that child. Nevertheless, one can acquire cryptocurrency as much as he/she has knowledge about it.

This is one of the remarkable aspects of Bitcoin, its accessibility regardless of age. This is very different from traditional banking systems that have age restrictions and various processes. The decentralized nature of Bitcoin empowers individuals of all ages to participate in the digital economy without barriers, and the privacy aspect is another significant benefit, giving users control over finances without constant scrutiny. Users should be educated about the risks and responsibilities associated with managing wallets, such as security and private key management.

we cannot equate bitcoin with traditional banking because they are fundamentally different. bitcoin was designed from the beginning to become a global financial system, decentralized, and accessible to everyone. because it is decentralized, it means there is no central authority regulating it and setting age limits for anyone who wants to use bitcoin for their needs. so if you're 11 years old, you can use bitcoin, because all that's required is your knowledge of bitcoin. the only problem is when using centralized exchanges, since one needs KYC for verification, to overcome this they can use p2p.

Yes there is no age limit on BTC but the way I see the system I don't think they need put age limit because most if the exchange KYC is already doing the work just my Nation for you to get national voters card which they use as ID card you must be up to 18 years and above and this are requirement of many exchange.

Any person with the age of accountability can have access to BTC reason that you can account for what your doing, not withstanding in relation to knowledge sharing age is nothing as knowledge can come anyone irrespective of age.

This is what doesn't make cryptocurrencies suitable for people at young ages, especially if they are under 18 or aren't mature enough to understand complex things and are responsible enough to take good care of the privacy and security of their funds if they have any. Young people mostly don't care much about things they own, be it money or anything in general. It's their elders who manage and maintain everything until they reach an age where they start becoming responsible and managing everything themselves.

So if a child manages to buy some Bitcoin at the age of 16 or below after understanding it very well, I doubt they will be able to manage their funds in a good way unless they have matured at a small age and they don't like playing, enjoying themselves, and doing any other stuff that children do and not remembering much about things because if they have such habits, they wouldn't be able to manage it well, they wouldn't even be able to understand the concept if they are like this.

When children in the under age get all the advanced devices, and they start using it, they become much smarter than their age. As a result, children get overconfident so that they are more influenced in the wrong direction. Because age brings maturity to people, even though they have smart brains, they cannot identify cheaters easily because they think everything is normal. So along with making children smart, they need to be warned to keep themselves away from frauds.

Anyone can invest in bitcoin irrespective of their age, as long as they know what they are doing and would accept responsibility for anything that occurs when they are investing, you know there are lots of thigns one needs to consider when investing in bitcoin, like ; emergency funds, reserves and having a good cashflow/money management, why I brought this into light is cause this can affect how successful someone would be in his investment and how much he would accumulate in bitcoin, you know holding bitcoin for a long term gives more advantage than any short term practice or trading, so I'll make my points in such terms.

The function of the emergency funds would be to ensure that  s/he don't sell of their holdings at a very short time prior to when they had wanted to sell, and the question is can a very young person be able to afford this and how or what means would he use to counter for this. Cause we can't assume that if if this kid really wants something and he doesn't want to tell his parents about it his first option wouldn't be to sell some bitcoin to buy that stuff, so yeah if s/he can account for this then he is good to go.

Now about cashflow, anyone who wants more bitcoin must invest more or buy more, there are no two ways about that and the question is how often does he have cash to invest in bitcoin, while this could be irrelevant for an underage person who maybe has some extra cash and wants to hide it somewhere or maybe just thinks it wise to safe in bitcoin, he also needs to be able to properly allocate his funds in other not to choke himself up too soon and end up feeling overly allocated and sell some bitcoin.

So yeah a lot to consider, anyone can invest in bitcoin as long as he is ready to accept the responsibility to do the needful.

Traditional banking has lots of requirements and the interview is too long for a basic account to be created if you are strange, they limit your account and tell you that they monitor it well whenever you put some huge amount inside your account. it happened to one of my friends, he got lots of money from Bounty and he needed a bank account but sadly he didn't get any approval from the bank because he lacked documentation and for them he was suspicious, he ended up using his brother account instead to get to cashout his rewards.

Age is not a limit so longer crptocurrency ( bitcoin) is concern once u have a good knowledge on how to trade u are good to go but many cryto exchange require user to be at least 18yrs.the alternative here is for the user to go  for P2P exchange and also parents that are interested in crypto can open a crpto custodial account for their under age children such as UNest, they can be able to have controls over there portfolios.

Children are really  smart this days and you have to be careful with what you impact those children with. They will grab it well since they are smart but when it gets to bitcoin I think 7-9 is to young to be introducing them to bitcoin, they should be more focused on there studies than just introducing them to bitcoin. Because if an adult have issues with the complications that bitcoin comes with.

Starting from understanding what bitcoin stands for then if your trading understanding the analysis, then the market, then the emotional breakdown that it comes with how do children manage in those kind of situations. And if eventually you teach them things will not be in order the way adult will handle situations.

It's also important to remember that P2P exchanges also require KYC to find out who is using the service. while the requirements for KYC are usually proven by an identification card issued by the government. If children are under 18 years old, they usually cannot do this.

using P2P exchanges that do not require KYC is usually riskier. If we don't find the right one, we could lose the money we want to buy Bitcoin. still choose P2P that has high credibility to minimize bad incidents.

7 Page Thread and the answer said (NO & YES).

Title: About (AGE)
Detail in thread: Using (Bitcoin) as kids like (Creating Wallet, Transaction)

Meanwhile, most answers are a bit sketchy, like trading or something a little bit weird.

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For @OP, there is no limitation age for learning Bitcoin. However, based on age there is always some limits to the kids for information they can receive and understand. Let's said
- Age 3-6/7 you can start to teach them about (Bitcoin) by book in a cartoon style (An interesting visual for them, so they can have some awareness for the learning).
- Age 7-10 you can start to teach and introduce them to Bitcoin, while they can interact with the Ecosystem by (Creating wallets, transactions, and others).

You can use (Bitcoin-Testnet). So, you don't need to worry about losing some assets while your kids are learning about them. Feel free to search on (Google) for Book Bitcoin for Kids, you will find them.

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If your question kids for earning money, trading, and others, the answer is always (YES). Because you have terms & conditions, the legal age for starting to use the service is around 17-18+ depending on the policy service you are using.

Now you have answered @OP, better to lock the topic.

P.S: IMO, you can teach them about (Bitcoin) but don't forget to let them have a good memory as a child.

It obvious that age only depends but not a general limitation... However, you can imagine the other side of money as to it being handled by teenagers. It could have adverse negative influence on their entire life that some might not escape it at all life long.....
Restrictions will be a good one, may be setting up a demo account for teenagers with little economics preference promising added advantage when blossom/ripe by legal age. As they convert their demo to main accounts..
. Not belittling, Just my views concerning the influence of personally earn money on teenagers... Any how help your family and friends.   

You already answered your own question. Bitcoin is permissionless and has no age requirements. There have been Bitcoin developers like Matt Corrallo, who were still teenagers when they started contributing. Vitalik was only 17 when he co-founded Bitcoin Magazine.

Despite having a young age, it is still possible to be very knowledgeable about Bitcoin. It might be more difficult to use some services which require KYC. These requirements are only imposed by centralized third parties. As long as Bitcoin is decentralized and you hold your own keys, anybody of any age is allowed to participate in the network.

Nice discussion bitcoin is bitcoin no authorization is required to use a Bitcoin wallet or to transfer Bitcoins. so there is no age limit here. So anyone of any age can use bitcoins but there may be age limitation for buying bitcoins because how can a minor open a personal bank when one has to buy bitcoins using a bank card or through other online transactions.  So in that case he can use his parent's bank but there can be no age limit for bitcoin transactions.

There is no age limit when it comes to Bitcoin alone. Anyone of any age can use Bitcoin if he knows how to use Bitcoin and how it works.  Because it is a fully decentralized coin  It only requires a personal wallet to keep it with you which takes only 2 minutes to play cricket.  And to keep it safe, the private key needs to be kept carefully. So anyone who can do these can use Bitcoin Bitcoin if it is even 1 day old. ha ha ha

I mean I wouldn't recommend It on children for sure since it just doesn't make sense for them to try investing at all they just didn't really build for investing or even more trading because it would be too risky, not to mention they still don't have any kind of income yet, where are they going to get the money that they are going to use for investments on Bitcoin if they don't have a job or any kind of source of income. There is just no one that is going to restrict us when it comes to Bitcoin I guess, but when we talk about the platform for sure there are some limitations when it comes to that, they probably wouldn't allow children on the cryptocurrency platform at all.

At a young age, I would probably teach my children the concept of what is Bitcoin, but not totally the application of investing because that is just not going to make a lot of sense, I would prefer to teach them how to save there own money for sure probably by their own allowance something like that, if they are having that budgeting experience it would teach them a lot when they grow up, concept of Bitcoin is not really something that you would want to force to someone, it would be better if you let them get curious on it by their own and research it on there own.

You're right, mate. We should have bank account to withdraw or deposit fiats to exchanges. As far as I know, the minimum age for having a bank account is 18 years old. So, it is quite impossible to invest or trade in Bitcoin if we are under 18 years old. Moreover, it is quite doubtful that underage people can understand how to invest or trade in Bitcoin.

Yep. Using P2P is sometimes quite complicated and it may not be available in any place around the world. This won't be a common way for converting the profits from Bitcoin. Like it or not, we need a bank account for withdrawal and deposit our funds.

I agree with you, but some children are smart and are aware of scams on the Internet, and they know how to protect themselves from it. It is good for children to develop an interest in bitcoin so that they can learn more about bitcoin at an early age, and when they grow into adults, they can start their bitcoin investment. Remember, some people regret not knowing about bitcoin at an early age, and some promise themselves that their kids will know about bitcoin at an early age so that they will gain good knowledge about bitcoin and know how to start a good bitcoin investment.

Well, that is the one advantage of Bitcoin as there is no need to be of legal age before we can have this and even creating a wallet is not necessary. The thing we just need is money and proper education because committing a single mistake is found to be regretful knowing that, especially sending and when it is hacked never have the chance to get back again. There is no refund at our fault, unlike the banks where we still have the chance.
Even if we are as young as 10 years old as long as we can manage our funds right, there is no problem.

Yes, there is no age limitation of using Bitcoin. But to buy and sell bitcoin you need an exchange, where you need to do KYC, and to do KYC you need your ID card, now for this ID card you need to be at least 18 years old, if not 18 years you will get ID card and without ID card you cannot complete KYC on the exchange. That being said, if an exchange requires you to use Bitcoin, you must be at least 18 years old to use Bitcoin. And without the use of exchanges, Bitcoin can be used at any age, as it is not monitored by anyone.

Even though children are smart, there should be not restrictions or limitations in Bitcoin. Children and the ones coming up need to learn about Bitcoin and how they could invest in it making money for themselves. Since education is the key, we should not ignore the little ones coming up from learning and understanding what Bitcoin is actually about. If they start learning at a tender age, with time they could get familiar with Bitcoin and get to be guru with time. Education is going to be helpful for a long time and children with get used to term of Bitcoin and cryptocurrency at large.

Yes, couldn’t agree more. Bitcoin offers a lot of advantages more than traditional banking or any other traditional investments. Knowledge and sufficient amount of funds are only the keys and you’ll certainly have a good start for your bitcoin investment.

Another thing also is that through bitcoin, you are creating your own bank even at a young age. That is a good preparation for your future or for your retirement soon. With bitcoin, there’s no age limits but you also have to gain higher amount of knowledge and experience so you can manage your bitcoin well.

I don't think age should be a barrier, knowledge are even increasing more among the younger ones and at most times what they needed is a quide from and elderly one, those who will start learning Bitcoin at a tender age will do more better when they will grow old and will do better than those who are just learning when they are already advance.

The only form of maturity you need for Bitcoin is mental maturity. Anything related to physical maturity has no connection to it. But I suppose the same goes for fiat as well. So not sure what this topic is for.

As long as the person getting into bitcoin can understand it then there isn't much issues and age wont be a limitation.
And there is also a level of responsibility that this kids needs to accept to be in bitcoin, like to be cautious to not send bitcoin to a wrong address and also if considering to invest in bitcoin they is also a level of knowledge they should have in oder not to mess things up so early.

So IMO it's not a matter of age but of responsibility and if theat child is willing to not be playful around bitcoin then he is good to go.

Age is not the problem personality is there people that are matured but still lack qualities to qualify them as an adult so people like that to me are still infant, majority of people like that behave childishly, but want to addressed as an adult, and people can not young people always have a problem with misusing of funds, and that is mostly because they don't have any responsibility, they have issues with saving and in general they have a problem with controlling money.

And that is natural about teens and that is why i would say one way or the other i would say age matters and it does not matters and since there is no age restriction to some exchanges but am sure no one will leave there funds in the hands of a reckless person, because no one will like the result they will get.

If it boils down to age being a limitation, then the investor can just start with the intention of actually starting and keeping the investment for long term, maybe at the age of 15yrs or even lesser and forget about withdrawal and have only the mindset of saving till the appropriate age and then maybe from there he can reason the withdrawal of coins.