Is age a limitation in Bitcoin

[Nwada001]

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

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.

[Rockstarguy]

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.

[qwertyup23]

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.

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.

[rachael9385]

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.

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.

[JMBitcointernational]

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.

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.

[Dr.Bitcoin_Strange]

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. 

[Rengga Jati]

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.

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.

[DaNNy001]

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. 

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?

[Hypnosis00]

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.

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.

[SmartGold01]

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.

[freedomgo]

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.

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.

[Stepstowealth]

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.

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.

[Franctoshi]

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.

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.

[AYOBA]

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.

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.

[Faisal2202]

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.

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.

[Sanitough]

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

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.

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.

[Mate2237]

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.

[leonair]

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.

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.

[Z_MBFM]

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.

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

[Crypto Library]

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.

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.