Setting up a crypto wallet takes a ton of proof of ID in the places I've used. Its a lot harder than getting your moms credit card. I dont think its plausible that a minor could set up a binance account at all. Idk I really think the crypto bros aren't children.
Reputable exchanges require ID but there's a number of ID-less swap sites. They're very sketchy and charge like 20% fees, because it's a common way to drain stolen credit cards. I don't do crypto on mobile but the worst apes do and I think Trustwallet might offer such a service through MoonPay: https://trustwallet.com/buy-bitcoin/.
What minors have the funds to buy crypto? I didn't think that was a thing
In 2016 I turned $100 cash from high school job into funny internet money (via prepaid gift card) and bought drugs.
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Setting up a crypto wallet takes a ton of proof of ID in the places I've used. Its a lot harder than getting your moms credit card. I dont think its plausible that a minor could set up a binance account at all. Idk I really think the crypto bros aren't children.
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deleted by creator
Reputable exchanges require ID but there's a number of ID-less swap sites. They're very sketchy and charge like 20% fees, because it's a common way to drain stolen credit cards. I don't do crypto on mobile but the worst apes do and I think Trustwallet might offer such a service through MoonPay: https://trustwallet.com/buy-bitcoin/.
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a friend of mine in highschool invested 20k into some shitcoin that crashed to basically zero, all from an afterschool job he had for years