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Author Topic: Ways to get Bitcoin/ETH under 18/ trade.  (Read 275 times)
michellee
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November 09, 2020, 11:10:08 AM
 #21

I assume you already learned crypto a lot, and you know how to use crypto, especially bitcoin. Maybe you can try to buy bitcoin from Binance. If Binance doesn't block the access from your country, you can buy bitcoin without any problem. Or I suggest you find local sellers from your country and ask him to meet personally with you. You can send the money from your digital money or login into your bank account, while the sellers can send the bitcoin directly to your wallet. After that, you can send the bitcoin to the exchange. In this case, you can try to use Binance.

If you want to trade with a reliable user here, make sure that a person has a reputation for helping other people who need bitcoin, so you don't get any problem. Good lucks.
Clark05
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November 09, 2020, 11:10:22 AM
 #22

Because you are under age or not already 18, you should try to find a person that they sell their bitcoin but make sure do this P2P for the safety of your money also. Because it's hard to trust online unless you make a meet and the deal will become successful.

There is also other ways that you can possible to try if you have relatives or family who is legal age use their identification for you to be able to buy a bitcoin or ethereum to the sites or to the wallet that is what I do when I was not 18 but now Im legal age do I use my own account in wallet purchasing and sell the bitcoin.
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November 09, 2020, 10:40:57 PM
 #23

Actually age doesn't matter when you want to buy BTC or ETH, but some exchange rules require users to confirm their identity and of course those who have identities must be over 18 years old. If you still don't have an official government identity, you can rely on the identity of your parents yourself as that would be the best way out.
Or buy BTC and ETH on the p2p market without the need for KYC or on a Decentralized Exchange like Binance DEX which can be used for free to buy and sell lots of altcoins.

I was impressed when you came and understood cryptocurrency at the age of 16. Even at that age, I still didn't understand cryptocurrency.

 
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romero121
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November 09, 2020, 11:44:45 PM
 #24

Actually age doesn't matter when you want to buy BTC or ETH, but some exchange rules require users to confirm their identity and of course those who have identities must be over 18 years old. If you still don't have an official government identity, you can rely on the identity of your parents yourself as that would be the best way out.
Or buy BTC and ETH on the p2p market without the need for KYC or on a Decentralized Exchange like Binance DEX which can be used for free to buy and sell lots of altcoins.

I was impressed when you came and understood cryptocurrency at the age of 16. Even at that age, I still didn't understand cryptocurrency.
Myself too thought of the same. It is a good thing OP has known much about bitcoin before 18. Interesting thing, even the tech people weren't aware of bitcoin and cryptocurrencies. At the age of 16 buying bitcoin is possible, but for the same you require a banking account. Almost every bank gives access to create their own minor bank account under their parents. One such account can be created and used for the purpose of buying bitcoin.

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November 09, 2020, 11:46:16 PM
 #25

Actually, there are some exchanges that do not need any KYC or need KYC for a certain amount. If you want to buy some Bitcoin, you can visit Binance and trading there. I think that Binance will only require KYC if you want to withdraw or make transaction in further ways, in more way to do. There are also some exchanges or P2P platform that require no KYC so that you can still do transactions there.
In this case, BTC is very worthy to invest, but be careful the time for buying. You need to trade or event investing the funds into BTC, but not for hurry cashing out.

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November 10, 2020, 04:45:51 AM
 #26

I don't think you have try peer to peer exchange to see how good  and risk it is in the area of exchange market. Getting profit from your trade is not by age or loosing in a particular trade is not because you are still a child or adult.
Many people are still finding it difficult to know some ways to buy bitcoin and Ethereum in the market. Ethereum this is the season to buy and hold for future benefit since the price is decreasing over some months now in the market. Bitcoin is not too good to buy now because of the way the price is keep rising when the year is very close to end. If you can be able to understand those market key,supply and demand in the market you will not find it difficult to trade your and make a good profit.

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Astvile
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November 10, 2020, 04:51:18 AM
 #27

Use your parent's Identification to the sites that need profile verification and buy from that exchange but make sure this exchange is legit. It's much safer compared to the peer-to-peer transaction if you are avoiding getting scammed.
Definitely wouldn't recommend you to do this. There are a lot of exchanges and wallet that doesn't require KYC which you can use. But never ever use any information that it isn't yours whether it is your parents or friends. That will give you a hard time for sure if there will be some problems that you will encounter.

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maxreish
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November 10, 2020, 06:21:27 AM
 #28

If you are really sure and knows all the risks of investing in cryptocurrency then you can just wait paypal to accept buying and selling bitcoin. You said you have your credit card under your parent's name, perhaps after paypal launched their new protocol, you can connect your credit card to paypal and you can easily buy and own bitcoin.

Or, if you can't find exchanges that has no kyc required  (which I doubt because there are existing exchanges that has no kyc), you can just convince your parents to create an account under their name and do the kyc to start making transactions. But make sure to have your own wallet/exchange under your name if you reach your legal age. Few more suggestion was to buy to any trusted person you know so you can still own btc.

 There are so many ways, mate. As long as you are aware all the possible disadvantage/advantage of this volatile market in crypto industry.
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