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Buying Bitcoin under 18 in Germany: what parents and exchanges can do

Buying Bitcoin under 18 in Germany: what parents and exchanges can do
Photo: CryptoTicker.io

BTC when published $80,100Now $80,595 ▲ +0.62% since it was published

Select what genuinely interests you. Your picks feed directly into our editorial planning. Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam. Buying Bitcoin under 18 does not work on your own in Germany. No statute stops a 16-year-old from owning Bitcoin, yet the providers who handle the purchase will not take minors as customers, and a contract concluded without parental consent remains provisionally invalid. Two clean routes are left: the parents buy in their own name, or they buy and then gift the coins to the child. Which of the two is chosen decides who owns the coins, who pays the tax and who is liable if anyone later disputes the deal. The question comes up more often than the legal position suggests.

First reported by CryptoTicker.io. This page is a short excerpt; the full text is theirs.

Read the full story at CryptoTicker.io (opens in a new tab)

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