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Topic: Under 18 Bitcoin Trading - page 3. (Read 3723 times)

legendary
Activity: 4424
Merit: 4794
May 22, 2014, 07:18:50 PM
#6
I have a bank account, although it is one of those attached-to-parent's-account ones. I have a licence and everything. Will Bitstamp actually deny me if I give them my info?

take this as a BIG warning. stick to using localbitcoins.com to buy bitcoins. then transfer bitcoins to an exchange, do some trading to increase your bitcoin holding, and take bitcoins out to then sell for fiat back at localbitcoins.

i tell you this as a warning. because by using the service underage means they COULD lock your account without any warning and due to the fact that wire transfering to underage users is against their policy, they will not honour a wire transfer if they found out your age.

so DO NOT even risk doing a wire transfer or even getting verified with bitstamp. it is not worth the risk/cance of getting your account locked. so stick with only moving bitcoins in and out, thus avoiding the whole verification process of fiat transfer.

again DO NOT RISK IT moving fiat into or out of bitstamp. if you do then you have only yourself to blame.

localbitcoins is the less riskier option
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
May 22, 2014, 07:13:04 PM
#5
I have avoided telling under-age people about Bitcoin (back when GPU mining was all the rage) for fear that their parents would kill me when they saw the power bill Tongue

That, and it is a risky investment.
newbie
Activity: 15
Merit: 0
May 22, 2014, 06:38:23 PM
#4
Hello all, I was wondering if I would get denied when I try to verify my account at Bitstamp or Kraken because I'm only 17. And what is the easiest way to buy BTC under 18?

because SEPA/Wire transfer don't allowed to under legal age in bank.
some banks allow you to have a visa debit card at the age of 13/14 dependant on country etc, so if you are old enough to have a bank account and old enough to wire transfer funds from it. then there is no issue with some services. localbitcoins.com for instance will have no issues with this. but read the terms of service of bitstamp and kraken

bitstamp
By opening an account to use the Service ("Account"), You expressly represent and warrant:

    1. You have accepted these Terms; and
    2. You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Bitcoins.

kraken
You further represent and warrant that you: (a) are of legal age to form a binding contract (at least 18 years old in the U.S.);

I have a bank account, although it is one of those attached-to-parent's-account ones. I have a licence and everything. Will Bitstamp actually deny me if I give them my info?
legendary
Activity: 4424
Merit: 4794
May 22, 2014, 06:34:07 PM
#3
Hello all, I was wondering if I would get denied when I try to verify my account at Bitstamp or Kraken because I'm only 17. And what is the easiest way to buy BTC under 18?

because SEPA/Wire transfer don't allowed to under legal age in bank.
some banks allow you to have a visa debit card at the age of 13/14 dependant on country etc, so if you are old enough to have a bank account and old enough to wire transfer funds from it. then there is no issue with some services. localbitcoins.com for instance will have no issues with this. but read the terms of service of bitstamp and kraken

bitstamp
By opening an account to use the Service ("Account"), You expressly represent and warrant:

    1. You have accepted these Terms; and
    2. You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Bitcoins.

kraken
You further represent and warrant that you: (a) are of legal age to form a binding contract (at least 18 years old in the U.S.);
legendary
Activity: 1512
Merit: 1012
May 22, 2014, 06:28:53 PM
#2
because SEPA/Wire transfer don't allowed to under legal age in bank.
newbie
Activity: 15
Merit: 0
May 22, 2014, 06:26:32 PM
#1
Hello all, I was wondering if I would get denied when I try to verify my account at Bitstamp or Kraken because I'm only 17. And what is the easiest way to buy BTC under 18?
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