Using Bitcoin and altcoins when under 18

[Name: Claudio]

I've known around 5 person who are into your situation worrying about their age and about cashing out their altcoins, the best option you can have is to trust someone you know who could help you with legal age of course (parents or guardians) to help you with the process, and give them share after having your money so that next time they are willing to help you out.

But check some small banks about options for students underage who want to use or open banks account like rural bank, summit bank or small banl near you, you can check how you can connect your crypto wallet account to your bank account under them.

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[Mc_Moneysack]

An exchange should be aware of your age if you have submitted KYC documents. Generally speaking, it will depend on the laws of your country if you will be allowed to sell/buy cryptos. At least in my country you don't possess the legal capacity to enter into binding contracts before the age of 14. If the contract exceeds your economic capacities you will even need to be 18. Buying/selling cryptos always constutitutes the conclusion of a contract.

[Tigorss]

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.

no problem, as long as we already have a residence card to make ATM conditions, unless we are underage, we can only trade and can not change to ATM or move it.

[maarx]

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.

Is there any age limit for utilizing any currency? I don't think so. Is there a age limit in buying ICO tokens with KYC? Need to check out that. It may depend on the tokens? And kindly do not underweight guys under 18 especially in current situation. We have so many who are so skilled where we can not even imagine about.  What really went wrong with your trading and why have you brought this topic?

[btc-facebook]

You can try to convert altcoin into bitcoin just like I did on my local exchange.
I'm sure you can find too because every country have their own local exchange, right ?
Or I'm just too lucky since my local exchange doesn't require KYC

[Fatunad]

You can try to convert altcoin into bitcoin just like I did on my local exchange.
I'm sure you can find too because every country have their own local exchange, right ?
Or I'm just too lucky since my local exchange doesn't require KYC

Not all countries do really have their own local exchange thats why some people who do engage on crypto would really have these kind of problems.Going back into topic when you are under 18 when you cashing out large sums or amount from your bitcoin converted to fiat you can make use on your parents card or accounts or just simply find p2p into your place.When it comes to your problem with alts, converting them to btc would only just need a few clicks it isnt really a problem at all.

[kaisa]

my suggestion that you are trading on an exchanger that does not require verification of ID or market desentralized (idex, etherdelta or forkdelta) after which you can redeem through bank wire, paypal, skrill or changer serving western union.
I think that's one solution, but you can also borrow your parent id or brother who is 18 years old. good luck boys...

[Kalm]

Any buddy use the bitcoin and altcoin. But before use the all coin and invest check the rules and process. This information help to plan to work and invest on time. Time is important of this process. So time to acct.  I don't see any age limit for using bitcoin and altcoin because nobody doesn't know with whom we are chatting in the exchanges. There are many people who are using bitcoin and altcoin under 18 years old, even though exchanges ask for age 18, but people do not bother about rules and agreement. If need to more information check the market place and coindisk. It help to easy to gather more infromation and plan to work.

[sheenshane]

Some exchanges require verification for trading altcoins. But at the same time, there are many exchanges without verification. Therefore, I do not see any obstacles.

In addition to the answer above - just use a DEX (Decetralized Exchange). As almost always - just google for it and try to find out wich one has the highest volume and people talk positive about

There's a lot of exchange site that you might have an account to exchange your altcoins into bitcoin. Not all of these are using to require KYC when you fill up their form so no need to worry even if you are under 18 of age. Local exchange site is the best way to go when you want to convert your bitcoin into cash and every country has had a local exchange for the conversion of you cryptocurrency into fiat.
Another option if ever your country has a KYC for exchange then find a trusted friend that has an account already in exchange and begging him to help your problem.

[reda]

Bitcoin is reach all country. So people will be gather more information. Any one can use the bitcoin. No rules for age liment. But before star the bitcoin lean the process and information. This information help to clear the some issues. It charge the life style. So people hold the bitcoin long time. It connect the other country people. So easy to more information. So plan to work and invest on Bitcoin.

[bitcoindian]

You can try to convert altcoin into bitcoin just like I did on my local exchange.
I'm sure you can find too because every country have their own local exchange, right ?
Or I'm just too lucky since my local exchange doesn't require KYC

But in my country they are asking for government identity and their bank details because without verifying those we cannot move further. In my country banks accounts are allowed to open an account even below 18 years.

[tanghere02]

I think there are a couple of exchange sites that does not require any verification so I dont think there is an age limit for you to use the exchange site. So it would be best if you'd do some research first and check if the altcoins you want to trade with are listed on that exchange site.

[NavishaKhairin]

I think a lot of ways to do bitcoint transfers without requiring age verification, so you can searching out how to use them with some methods on certain sites

[Domenc]

I think a lot of ways to do bitcoint transfers without requiring age verification, so you can searching out how to use them with some methods on certain sites

Certainly, Bitcoin and altcoin is something which does not require you to have KYC at most places. Hence you should not have any problem using bitcoin either altcoin. The only problem you might have is buying bitcoin from any exchange to use it further. As, this method needs you to have a bank account but account under the age of 18 are also valid in many countries. So, unless you government is happy with bitcoin you will not have any problem.   

[ipanks]

I think it's no problem for using bitcoin and altcoin in under 18 because I see that some exchanges don't need to fill any document and I think you can use the lower account verification to start trading in the exchanges. but if you want to register in bittrex, poloniex or the other exchanges, I think you need to wait until your ages are above 18 because you need to send the document to get fully verification. but if you only want to keep bitcoin and altcoin, I think you don't need anything except to download a wallet for your computer or android phone.

[Lehbane]

Some ICO project required KYC for all their customers but I never heard someone saying underage people are not advisable and not welcome to join in the project because they see all people as possible investor to their project. Some exchange also never required age verification or something so you can also trade with them, only you'll have trouble cashing out, but try to visit some banks who might it help you to create your own account as student.

[marielbeckham]

I didn't suppose that there are no restrictions regarding age and is possible to trade BTC or altcoins even if you under 18.

[Luigieee]

I remember when i was 17 years old i only sell my token in etherdelta or forkdelta,so dont think that this is the end of your life in crypto,be patience and when youbare already in 18 years old you can now enter to the world of trading.

[sandor111]

I remember when i was 17 years old i only sell my token in etherdelta or forkdelta,so dont think that this is the end of your life in crypto,be patience and when youbare already in 18 years old you can now enter to the world of trading.

This is an option, but there are also way of selling BTC for fiat even if you are under 18. You can exchange altcoins to BTC on exchanges that don't have fiat pairs (those usually don't require ID scan and birthday) and then withdraw BTC to your wallet (Electrum or Android wallet like Coinomi). You can then sell bitcoins on bitcoin ATM if there is one near you, on localbitcoins or here on forum in exchange for paypal or Western Union (trade with trusted users only!)

[BennyK]

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.

Bitcoin usability does not discriminate. It serves as a medium of exchange for goods and services, hence can be used by any age, gender, race, etc group of people as long as they know their forward with its transaction. The question is, "is the USD strictly for 18years and above?" The answer applies to BTC.