Using Bitcoin and altcoins when under 18

[sukamasoto]

I think anyone can use bitcoins and altcoins but I'm afraid that exchanges will implement age restrictions in the future if you want to do trading. I've seen bittrex that you'll need to verify yourself because if not your withdrawal limit is only up to BTC.02.

I'm usually trade on local exchanger and yes , it force me to show my ID before able to withdraw.
Even if you're still below 18, you can still borrow your parent if you insist to trade bitcoin and altcoin

[Qartersa]

Hi Adam, I do not remember being asked about my personal details when it comes to dealing with cryptocurrencies. Remember one feature that sets Bitcoins apart from real currencies is that it maintains privacy and anonymity at all costs and at all times. You should not be bothered whatever your age is because it does not matter. It is in this day and age with the birth of Bitcoins that earning does not discriminate in terms of age.

[cardinalVC]

You may use it; however, there are exchange platforms that requires only 18+ to register, as written in their terms and conidtions. Suchs example would be coinbase.

[MoonJeina]

Hello,
I'm wondering how can you trade with bit/altcoins when you're under 18 years old. I currently need to transfer some ethereum coins (earned by mining) to bitcoin and eventually to real cash. I know that you can use LocalBitcoins.com, however you can only trade bitcoin here. How about altcoins?

Thanks.

If you are asking for authentication then if you ate under 18 thats not a big deal with the block chain . Age groups of type are invited to use crypto .
I have never seen people asking for above 18 proof before registration .

[Twentyonepaylots]

all i know that you can trade altcoins even if you are under 18 years of age, most trading platforms dont require minimum age limit for trading altcoins, i have a friend he is only 17 years old but still he trades his altcoins earned through mining to bitcoins and then cash.

[Pamadar]

all i know that you can trade altcoins even if you are under 18 years of age, most trading platforms dont require minimum age limit for trading altcoins, i have a friend he is only 17 years old but still he trades his altcoins earned through mining to bitcoins and then cash.

yes you can but the problem would be the limitations since you needed to verified in order to make much bigger deal, and that would required authentic identity and I don't think that exchange will allowed under age to use their platform.

[TheKeyLongThumbI]

all i know that you can trade altcoins even if you are under 18 years of age, most trading platforms dont require minimum age limit for trading altcoins, i have a friend he is only 17 years old but still he trades his altcoins earned through mining to bitcoins and then cash.

yes you can but the problem would be the limitations since you needed to verified in order to make much bigger deal, and that would required authentic identity and I don't think that exchange will allowed under age to use their platform.

Right. Our local exchange for bitcoin to fiat only allows small transactions and with verifications up to level 3, I can withdraw half a million everyday. The limitation maybe suck but I still support because it's  also a way to stop money laundering.

[Sithara007]

In my country, there is no law banning crypto-currency trading or possession by those under the age of 18. The laws are same as those with the adults. If you earn a profit from crypto-trading, then you need to pay your taxes and mention about it in your tax returns.

[RedX]

It's okay if you are just going to trade but it's going to be a problem if you are going to withdraw it from exchanges with a huge amount and cashing it through your local exchanges. It's fine with me because young people still need to learn important things like studies before focusing and doing trades.

[yojodojo21]

Maybe Most of The People in This Forum Doesn't give Their Real Identity.

 That is Why Some Of The Transactions are Difficult To traced if That Business is scam because Of Hidden agenda,
it Doesn't matter on What Exchange Sites you use what Really matters is your Identity that could be known if The Exchange Sites ask for verification, Unless you do some LIFE HACKS move.

Maybe you should ask Somebody to Help you in Trading using someone's Identity, One That is Capable of Trustworthiness.

[mengpujiu93388]

Bitcoin users often like and provide anonymity on their sites, and if they don't, you don't need to verify your information in most cases.

[Johnyfun]

Fortunately, Bitcoin users often like and offer anonymity on their websites, and if they don't, in most cases you won't have to verify your information and can lie about it (as long as you use a VPN and you're confident that you're not unsafe using their site).

[starsnshamrocks]

Yes in my opinion there should be no restrictions.

[Lanatsa]

Bitcoin users often like and provide anonymity on their sites, and if they don't, you don't need to verify your information in most cases.

I don't why you did bump such thread but well its much better than on asking the same thing and created a new thread. Anonymity is the key here and in most cases we don't even know on how many are young or minors who are engage into crypto world.

Yes in my opinion there should be no restrictions.

There would be no restrictions as long you do have the knowledge on how to engage with it then you are good to go.

[expert4knowledge]

There is no restriction against that on most exchanges so why not ? If you have the opportunity to become rich at your age, it's a huge chance

[Ompyon]

There is no restriction against that on most exchanges so why not ? If you have the opportunity to become rich at your age, it's a huge chance

That's right, there's no limit to this, because as long as we are capable and capable and do not intend to commit a crime with bitcoin or altcoin then how old are you then it is legitimate

[dokie987]

Both bitcoin or altcoin transactions can be done even when you are under 18 years old because there is no such age requirement in claiming your money.

[stomachgrowls]

Hello,
I'm wondering how can you trade with bit/altcoins when you're under 18 years old. I currently need to transfer some ethereum coins (earned by mining) to bitcoin and eventually to real cash. I know that you can use LocalBitcoins.com, however you can only trade bitcoin here. How about altcoins?

Thanks.

Theres no restriction when it comes to age when you are engaging into altcoins or any other crypto as long you do have the knowledge to deal with it then you are just fine. Talking about conversion of ETH to BTC would really be just simple.One is localbitcoins but you can still go in other methods if you don't like to use LBC. Just simply convert it into exchange specially on local ones which do operates in your country and just simply transfer it directly into your bank account once converted.

[chineseprancing]

Hello,
I'm wondering how can you trade with bit/altcoins when you're under 18 years old. I currently need to transfer some ethereum coins (earned by mining) to bitcoin and eventually to real cash. I know that you can use LocalBitcoins.com, however you can only trade bitcoin here. How about altcoins?

Thanks.

Theres no restriction when it comes to age when you are engaging into altcoins or any other crypto as long you do have the knowledge to deal with it then you are just fine. Talking about conversion of ETH to BTC would really be just simple.One is localbitcoins but you can still go in other methods if you don't like to use LBC. Just simply convert it into exchange specially on local ones which do operates in your country and just simply transfer it directly into your bank account once converted.

Your right using bitcoin had no restrictions, also this crypto currency had no discrimination. Even what kind person are allowed to used bitcoin.

Age, gender or anything is not questioning by the developers of this coin. Because all of them are equally in the law or even in the eye of the owners of this coin project.

[FirEaSeA]

It's going to be a problem because cashing out more than your limit will need kyc which you can't do because  before having driver/passport to submit, you need to be 18 yrs of age to get it.