Crypto Trading Platform Under 18 – If you are under 18 and want to buy cryptocurrency, you may be wondering if it is legal or illegal. In most countries, there is no specific law that prohibits anyone under the age of 18 from purchasing cryptocurrency. However, many of the top cryptocurrency exchanges have their own rules that prohibit anyone under the age of 18 from registering and buying or trading bitcoin and more. cryptocurrencies.
The good news is that there are several cryptocurrency exchanges that do not require KYC (Know Your Customer) verification, so you can easily buy crypto without your ID even if you are under 18. However, you should consider the risks of buying cryptocurrency as it is a highly volatile asset and you can quickly lose your entire investment. If you are under 18, you should talk to your parents about any investment you make. You should do your own research and never invest more than you can afford to lose. Also, keep in mind that what you see on this site is not financial advice, but purely informative content to help educate readers.
Crypto Trading Platform Under 18
We’ve tested several cryptocurrency exchanges and found the best ones that don’t require ID, so if you’re under 18 you can use it to buy cryptocurrency anonymously. Read our list below and decide if it is suitable for you, you can also read detailed reviews.
Best Decentralized Exchanges For Crypto (dexs)
Bybit is the best crypto exchange to buy cryptocurrency if you are under 18. It is a global platform that has gathered more than 10 million users and whose daily transaction volume exceeds 10 billion dollars. You can easily buy cryptocurrency directly using a credit/debit card, wire transfer or even Google Pay and Apple Pay. There are several coins that can be purchased directly with fiat currency, including the most popular ones like BTC, ETH, and USDT. If you want access to Bybit’s full range of over 280 coins, you can buy USDT and exchange it for any coin of your choice.
Transaction fees on Bybit are low, only 0.1% for spot trading, so you can quickly get your desired cryptocurrency for a low price.
If you’re in the US, you won’t be able to access Bybit as the platform blocks IP addresses from the US. If you are set to use Bybit from the US, you can use a VPN to bypass this system. Bybit does not require authentication, so you can trick the exchange by changing your location to an acceptable country like Australia.
If you live in the USA, the best place to buy cryptocurrencies is MEXC. You can buy cryptocurrencies using credit cards, debit cards, Apple Pay, and Google Pay. Not only that, you can trade with 1520+ coins, more than you can find anywhere else. Trading fees are very low, only 0.0/0.1% for spot trading and 0.0/0.03% for futures trading.
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For those who want to do more than just buy cryptocurrencies, for example, if you want to trade for higher profits, the Copy Trading feature on MEXC is a great place to start. If you don’t have a lot of trading experience, this will help you get started. You can select a successful trader to copy, and then MEXC will help you automatically make the same trades as that person. This allows you to learn how to make profitable trades without having to monitor the markets or do your own research.
If you want to learn how to trade on your own, check out our FREE cryptocurrency trading course designed for beginners. We used screenshots from MEXC so you can follow it easily. You’ll learn everything from the basics to understanding chart patterns and performing technical analysis. You will quickly become a professional day trader!
If you sign up for MEXC, use our unique link that gives new users $30 FREE plus 10% off all transaction fees, leaving more cash and crypto in your pocket.
If you want to do more than just buy cryptocurrencies and trade cryptocurrencies, Weex is a great choice for you. Weex does not require authentication, so you can trade anonymously, which is great if you are under 18.
What Is Kyc In Crypto?
The good news for those who love to trade locally is that whether you are a maker or a buyer, Weex charges nothing! This is a great way to maximize your profits as you don’t pay any exchange fees. Also, Weex is extremely liquid, even higher than MEXC and Bitget, so you don’t have to worry about your orders being fulfilled, whether you’re making small or large trades. Drift is also minimized, and if the slip is above a certain threshold, the shift will compensate you.
Weex also specializes in futures trading where you can trade USDT Perpetual Contracts, Reverse Contracts and Fake Contracts with low commissions of 0.02/0.06% (maker/taker). More than 30 trading pairs are available and they are the most popular assets, if not the widest selection of coins.
When you use Weex you can be sure that your funds are always safe as they have the highest level of security and even have a 1000 BTC user protection fund. If the exchange is hacked, users are paid out of this reserve fund. Weex also holds multiple regulatory licenses (US MSB, Canada MSB and SVGFSA) so you know they are legally allowed to operate in different jurisdictions around the world.
The main disadvantage is that you cannot buy cryptocurrency directly using fiat transactions with Weex. However, if you just want to trade, you can buy cryptocurrency from another exchange on this list, then transfer it to Weex and start spot trading with zero commission.
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If you are under 18 and want to invest in a wide variety of cryptocurrencies, KuCoin is the best cryptocurrency exchange for you. As one of the largest cryptocurrency platforms in the world, it has over 700 coins to trade with, so you’re sure to find a cryptocurrency you’ll want to invest in.
With many payment options available such as credit cards, debit cards, prepaid cards, Apple Pay and even other local options, you can easily buy cryptocurrency on KuCoin for fiat currency. If you want to trade your cryptocurrency it is easy to do and the fee is just 0.1%. If you pay the trading fees using the native KuCoin (KCS) token, you will get a 20% discount, making the fees extremely low as 0.08%.
If you are under 18 and want to use a trading bot to profit from cryptocurrency fluctuations while you sleep, KuCoin is perfect for you. It has its own FREE trading bots built into the exchange. You do not need to connect the external bot to the platform again. KuCoin currently offers Spot Grid, Futures Grid, Smart Rebalance, DCA and Infinity Grid.
KuCoin has many other options and features that you can read about in our article here, and if you want to compare KuCoin with the #1 exchange Bybit, you can read this comparison article.
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For those under 18 who want to buy cryptocurrency, we have Margex next on our list. Buying crypto without any identity is easy and you can buy crypto using your credit or debit card. Margex is great for those who want to trade on margin as well as buy cryptocurrencies. With the highest level of security, Margex is the best place for margin trading. Not only do they store 100% of user assets in cold storage, they also use a unique system to prevent price manipulation. This innovative system (MP Shield) combines liquidity from more than 12 providers, uses artificial intelligence algorithms and constantly monitors suspicious transactions.
One of the main disadvantages of buying cryptocurrencies on Margex is that there are only 13 coins on the exchange. For those who want to buy the biggest and most popular cryptocurrencies such as BTC, ETH, SOL and LTC, this will be fine, but for those who want more coins, we recommend choosing another platform.
If you want to buy cryptocurrency from Margex, sign up with this link and get a $100 FREE bonus plus 15% of your first deposit as a bonus. Find out how it works and take advantage of this offer by clicking here.
Besides buying crypto directly, you can also consider other options and PrimeXBT is a platform that allows you to buy CFDs (Contracts for Difference). This means that instead of buying the cryptocurrency itself, you buy contracts that will earn you money based on the price of the cryptocurrency. This means that if you think the market is going down, you can even bet that the price will go down. You can also buy CFDs in markets other than cryptocurrencies such as forex, indices and commodities.
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If you’re interested in this but unsure of your own trading skills, PrimeXBT’s Greed Tool (Copy)
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Originally posted 2023-05-28 09:18:35.
