As it is with some of its competitors, the Crypto.com age requirement is also set at 18 years or older. This means as long as you’re up the required age, you’ll get unrestricted access to the app’s offerings.
The good thing about this rule is that it helps to protect minors from engaging in risky financial trading. It was also put in place to ensure that Crypto.com continues to enjoy its position as one of the most reputable prediction markets. Later on, we’ll closely review the age requirement and some of the reasons it was introduced.
If you’ve been in the crypto trading scene for some years now, you should know that Crypto.com has been one of the most reputable apps that you can use to trade Bitcoin as well as other popular crypto assets. However, did you know that the app now doubles as a reputable prediction market?
If you read through our Crypto.com prediction markets review, you’ll notice that the brand gives traders the opportunity to buy and sell yes/no contracts on events tied to sports, finance, economics, and elections. This means you’re no longer trading only traditional assets, but also predicting on whether specific events will happen, in such a way that looks like a financial market.
Just as it is on any regular financial market, the prices of contracts are usually determined by the forces of demand and supply. This means the more the public buys into a particular contract, it means they so much believe that the outcome will come to pass.
However, that doesn’t mean the public is always right. You’ll need to do your own due diligence before putting your money on any event-based contracts.
Like we’ve said in the introductory paragraph, you’ll need to be up to 18 years old to sign up for an account on the Crypto.com app. This age limit applies to all users, regardless of whether you’re interested in trading cryptocurrencies or exploring the app’s prediction markets.
During registration, Crypto.com requires users to complete their identity verification in order to confirm their age and personal information before granting full access to its offerings.
There are obviously lots of reasons why the Crypto.com age requirement was put in place, but for the purpose of this guide, we’ll be discussing just a few of them:
As you may know, financial trading comes with lots of risks that shouldn’t be taken lightly. Because of this, Crypto.com enforces an 18+ restriction rule to make only legally responsible adults participate. This actually helps reduce the chances of minors being exposed to financial losses.
Did you know that Crypto.com also holds a valid license from the Commodity Futures Trading Commission? That way, it must follow all the requirements, including age restriction, from the commission to ensure compliance.
If not, the app stands the risk of losing its license due to the admission of underage users. This means as long as you’re up to 18 years old, you can sign up to engage in Crypto.com sports prediction trading or any other market without any legal consequences to you or the app.
Despite being a great initiative, here are some of the pros and cons of the Crypto.com age requirement:
You can follow the simple steps below to sign up for an account and verify your age on Crypto.com:
Tap any of the app’s links from the banners on this page
Fill in your email address and hit the “Create Account” button
Verify your email address and fill out the form with your personal information
Complete your age verification by submitting your SSN and a government-issued ID card
Fund your account and start trading in your preferred markets
However, before signing up for an account to trade, kindly note that you may incur some Crypto.com fees while trading on your preferred outcomes.
Before we round up this guide, here’s a table briefly summarizing all that we’ve discussed so far about the Crypto.com age requirement:
| Age requirement | 18+ years |
|---|---|
| Applies to | All US potential users |
| Purpose of the requirement | To help protect underage traders from taking financial risks and for the app to stay compliant with regulations. |
| Methods of verification | SSN, a government-issued ID card, and proof of address |
At the end of the day, this guide has provided answers to those who are looking for details about the Crypto.com age requirement. This means if you’re based in the US and up to 18 years old, the only thing stopping you from accessing the app’s services is the fact that you’re yet to create an account. Thankfully, you can do so in a matter of minutes. Once ready, you can check the banners on this page to jump into action.
Only users who are up to 18 years old are allowed to sign up for an account on the app.
You can complete the verification process by submitting your SSN details and a government-issued ID card.
No, underage traders are not allowed to sign up for accounts on Crypto.com.
This content is sponsored by Crypto.com: Securely Buy, Sell and Trade Bitcoin, Ethereum and 400+ Crypto and should not be considered as investment advice. Trading on prediction markets carries risks, including market volatility and the possibility of losing your stake. Before participating, carefully consider your risk tolerance and the potential outcomes. Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for U.S. users only, who must first become a Member of CDNA prior to trading event contracts on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to U.S. regulatory oversight by the CFTC.