Can minors buy cryptocurrency?

Can Minors Buy Cryptocurrency?

In practice, minors cannot open a crypto account in India. Exchanges and apps require you to be at least 18 years old to sign up and complete KYC. This is to comply with contracts and regulations. If a minor wants to invest in crypto, it would typically be through a parent or guardian who holds the account and is legally responsible. Even then, the adult should understand the risk and tax implications.

Responsibility

Crypto is volatile and can be lost to scams or mistakes. Minors should not be given unsupervised access to trading. If you are a parent, only invest what you are comfortable losing and keep control of the account.