If you’re under 18, then a good crypto wallet is Opolo, Binance, or Bisq. However, you might want to consider one of the other crypto platforms that allow you to purchase bitcoin without KYC. Those platforms are Bisq, Mycelium, and Binance, to name a few. Here are some tips for buying bitcoin without KYC. Buying bitcoins in secluded locations is not a good idea.
Bisq
The Bisq cryptocurrency exchange has many advantages, including the fact that it is decentralized, with no central authority to hack. The exchange also has no central storage, which means that the user’s information is not at risk of hacking. Instead, the user can store their information locally. Moreover, Bisq’s decentralized architecture ensures complete anonymity during a seamless transaction. The only drawback to using the Bisq exchange for cryptocurrency trading is its fee structure. However, there are plenty of other reasons to use the Bisq exchange.
Mycelium
If you’re under 18 and looking for a secure wallet, Mycelium might be the right choice for you. It’s a free wallet, which means no ID or other identifying information is needed. Mycelium also features a watch-only account and a separate backup system for single address accounts. It has several levels of PIN protection and lets you set a seed phrase for added security. If you lose your wallet, it’s possible to restore it with a PIN or seed phrase.
Binance
If you’re under 18, you may be unsure whether Binance is right for you. While it’s the largest crypto exchange in the world, the site is not recommended for those under 18. It’s important to understand that you can use Binance as a wallet, but there are several things to keep in mind before signing up. Among these is the risk of being scammed. Binance also requires users to provide proof of age to be eligible to open an account.
Opolo
Opolo has a free mobile phone app for Android users, but plans to develop one for the iPhone later this year. You can create 124 different cryptocurrency wallets, and each one contains about 280,200 tokens. These are virtual assets that are created through blockchain technology. A hardware wallet, like the Opolo one, will allow you to store and retrieve your assets, as well as back them up. You can also set up two-factor authentication with the wallet, which will further increase its security.
LocalBitcoins
For underage users, LocalBitcoins provides an excellent option to keep their bitcoins. You can sign up in a matter of seconds and exchange your coins using PayPal, Interac, and cash deposit. This website is run by a reputable user with tens of thousands of readers each month. LocalBitcoins is a trusted source of cryptocurrency news and information with articles written specifically for young people.