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Can I Use Binance Under 18?

Published in Cryptocurrency 1 min read

Generally, no, you cannot use Binance if you are under 18 years old. Binance, like most cryptocurrency exchanges, requires users to be of legal age in their jurisdiction.

Here's why:

  • Legal Requirements: Cryptocurrency exchanges are subject to regulations in different countries, and many require users to be adults.
  • Risk Management: Binance aims to protect minors from the potential risks associated with cryptocurrency trading.
  • KYC/AML Compliance: Binance adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which typically require age verification.

However, some exceptions may exist:

  • Parental Consent: In some cases, a parent or guardian may be able to open an account on behalf of a minor with their consent.
  • Local Regulations: Specific rules may vary based on your location. You should consult the Binance website and local regulations for the most accurate information.

Important Note: If you are under 18 and considering using Binance, it's crucial to understand the risks involved in cryptocurrency trading. Consult with a trusted adult and research thoroughly before making any decisions.

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