How to buy crypto under 18 is one of the most sought-after information on Reddit, Quora, and other search engines and forums, especially among teenagers who are interested in engaging in this emerging money market.
Cryptocurrency is a decentralized digital system of exchange and store of value whereby no entity or government is in control of it.
However, most crypto exchanges and apps where one can buy and sell crypto like Binance, Coinbase, etc put an age limit of 18 years and above for eligibility to open an account with them and transact with cryptocurrencies on their app and exchanges due to the volatile and risky nature of cryptocurrencies.
But here’s the good news.
You can still buy and sell Bitcoin even if you’re under 18 years through any of the crypto exchange apps, sites, and methods we’re going to discuss below.
Note: If you’re below 18 years and you wish to get involved in buying and selling bitcoin and other cryptocurrencies, it is pertinent you first understand the volatile nature of cryptocurrencies, the risk involved, and how cryptocurrencies work before engaging in it.
If you’re below 18 years and you want to buy bitcoin or other cryptocurrencies, do not allow the age limit to be a barrier to you not to getting involved in this new money market.
Now, here’re the various ways through which you can buy crypto for under 18years individuals.
Bitcoin ATMs have proven to be the perfect means through which those under 18 can buy and sell bitcoin and other cryptocurrencies.
The only limitation of using Bitcoin ATMs is that they’re available in only a few countries which makes it difficult for people below 18 years and above to access and make use of this means to buy and sell cryptos.
Buy Crypto Through The Help Of A Close and Trusted Senior Brother or Friend
At this point in time, it’s very risky not to invest in bitcoin and other cryptocurrencies.
Being below 18 years of age shouldn’t be a limitation for you not to getting involved in cryptocurrencies.
If you’re underaged and you want to buy and sell bitcoin, you can seek the help of a trusted senior friend brother, or friend who is above 18 years and have met all the necessary requirements for buying and selling bitcoin and other cryptocurrencies.
Buy Cryptocurrencies On The Peer 2 Peer (P2P) Marketplace
Peer To Peer is just like the olden batter system of exchange but digital in this context.
P2P market is an online marketplace where you can exchange real money for cryptocurrency with an online vendor or someone who is willing to buy or sell his or her cryptocurrency.
The P2P app and site serve as middlemen between the buyers and sellers of cryptocurrencies to avoid fraudulent activities and resolve disputes if need be.
Most of these P2P apps and sites give preferential treatment to those under 18 who want to buy or sell bitcoin, Ethereum, etc by granting them low transaction charges.
If you are 16 years or younger, there are some P2P sites whose terms and conditions advise that you must first contact the support unit.
However, it’s advised that you do your due diligence by first crosschecking the transaction history of the merchant with whom you want to transact with because to avoid the occurrence of fraud.
Buy With Your Phone Number (the U.S. only)
In a bid to accommodate all age brackets in buying and selling of Bitcoin and other cryptocurrencies, some platforms in the United States of America allow the purchase of bitcoin even if you’re below 18 years with just your phone number.
For example, the LibertyX platform allows you to buy and sell cryptocurrencies with just your phone number.
Also, In Canada, there are some ATMs that only require a phone number for you to buy and sell bitcoin even as under 18.
Buy Cryptocurrencies Through eBay
eBay is known as one of the biggest online stores where you can purchase goods like clothes, shoes, bags, and many more.
However, you can still buy fractions of bitcoin and other cryptos and the seller would credit your cryptocurrency wallet immediately.
Note: This is tantamount to using a P2P marketplace hence, you have to do your due diligence to avoid being scammed of your hard-earned money.
Swap Your Gift Cards for Bitcoin
Some platforms allow you to trade your gift cards with bitcoin and other cryptocurrencies.
All you have to do is to buy gift cards and go straight to those apps and sites that allow you to trade your gift vouchers for bitcoin.
We shall discuss some of these apps and sites that enable you to trade your gift cards for bitcoin in our subsequent articles.
If you’re interested in how to buy crypto under 18, Bitzlato crypto platform can help you buy and sell crypto even if you’re underage.
Bitzlato is a cryptocurrency platform that allows you to buy and sell Bitcoin, Ethereum, DASH, Dogecoin, Litecoin, Bitcoin Cash, and Tether USD without identification verification or age.
AgoraDesk is also another platform that allows you to buy and sell crypto as under 18.
AgoraDesk allows you to use many online payment methods ranging from PayPal, credit/debit card or bank transfer, and gift cards, to make buy bitcoin on their platform.
Moreso, on the AgoraDesk platform, you can also buy bitcoins using cash by mail with no KYC/AML or verification.
Looking for how to buy crypto under 18?
Solidi.co can help you buy bitcoin and other cryptos even if you’re underaged.
Solidi.co is a UK-based platform where you can buy your first Bitcoin for as little as £2.
In Solidi.co, you’re not required to upload documents to verify your identity (KYC) thereby giving you the opportunity to purchase crypto even if you’re 17 years, 16 years, or above 18 years hence, breaking the under 18 years age limit barrier.
If you’re underage and you’re looking for how to buy crypto, the Bisq crypto platform should be your best bet.
Bisq is a peer–to-peer network and open-source desktop software which offers you the opportunity to buy and sell bitcoin securely without registration.
Mycelium Local Trader
Mycelium Local Trader is a decentralized in-person exchange that accommodates all age brackets to buy and sell bitcoin.
One feature that stands this platform out is that the platform helps you through its servers to arrange the trade between buyers and sellers, manage the transaction, and calculate reputation ratings based on the trades.
So if you fall below 18 years and looking for how to buy crypto under 18, Mycelium Local Trader has provided succor to your question.
Frequently Asked Questions
Where Can I Buy Bitcoin?
You can buy Bitcoin on Coinbase, Binance, Bitcoin ATM, Robinhood, etc
What Are The Types of Digital Currency?
They're Bitcoin, Ethereum, Dogecoin, Cryptocurrency, etc
Where Can I Buy altcoins?
You buy altcoins on KuCoin, Kraken, Gemini, Bitstamp, Bittrex, Coinbase, etc.
If you’re looking for How To Buy Crypto Under 18, this article must have provided you with a detailed guideline on how to buy and sell bitcoin, and Ethereum even if you’re below 18 years using many crypto sites and apps apart from Binance, Coinbase, crypto.com and other platforms with age limits.
Before we go, here is a succinct outline of some crypto websites and apps that allows you to buy and sell cryptos even if you’re under 18.
- Bitcoin ATM
- Buy Crypto Through The Help Of A Close and Trusted Senior Brother or Friend
- Buy Cryptocurrencies On The Peer 2 Peer (P2P) Marketplace
- Buy Cryptocurrencies Through eBay
- Swap Your Gift Cards for Bitcoin
- Mycelium Local Trader