Crypto.com has a clear minimum age requirement
It doesn’t take long to confirm Crypto.com’s minimum age limit of 18 years old - it’s written clearly in the registration form and additional T&C links. It’s great to see that the eligibility criteria are presented in such a clear way, just like when trying to confirm if Polymarket is legal for you.
When you install the app and create an account, you have to confirm that you are at least 18 years of age. Initially, Crypto.com takes your word for it, but that doesn’t last for too long. Once you are in, you are required to complete a strict verification check. So, make sure that you tick off all the eligibility criteria, including being located in a permitted state.
Speaking of location requirements, there are only 6 US states that are out of bounds. At the time of writing,
residents are not permitted to trade on any prediction markets. That said, there are additional restrictions to be mindful of. Residents in Nevada, Ohio, Michigan, Maryland, Massachusetts, New Jersey, and Illinois are not allowed to trade on sports. However, if you’re based in any of those states, you can trade on other categories without issue.
You will be asked to complete a KYC verification check
Crypto.com makes sure that every new user who steps through the virtual doors is allowed to be there. This is done by requesting a few documents through the KYC checks. While you can open an account without proving your eligibility, you will be asked to complete the checks before you start trading. It’s great to see that Crypto.com has this feature, as it’s a sign of a legitimate prediction market platform that takes compliance seriously. To pass the checks, you will be asked to confirm the following:
- Your full name
- Your residential address
- Your age
The above details are confirmed by uploading a few documents to your account. To complete these checks, you can only submit documents that Crypto.com has included on its accepted list, which includes:
| Proof of Identity and Age | A valid form of photo ID, such as a driver’s license, passport, or state ID |
| Proof of Address | A recent utility bill or bank statement, for example |
| Proof of Likeness | A live selfie |
Make sure that your documents are acceptable
To pass the KYC checks smoothly, you need to upload the correct form of ID and make sure that it’s legible. For instance, a photocopy of your documents is perfect. You can take a photograph of your documents instead, but you need to make sure that it’s clear and legible. If the photograph is slightly blurry or has a light spot, for example, it may be rejected and will cause delays.
Remember, the full document must be visible in the photograph or photocopy, not just a part of it. Even if you can read all the details clearly, if a part of the document has been cut out, it will still be rejected. It’s sometimes better to leave room for a border, rather than accidentally cut out a section of the document. For example, if you’re photographing your document, consider using a white or plain background, so you can include a small border to ensure everything is captured.
To further help you out, here’s a guide on selecting the correct documents:
| Document | Details |
|---|---|
| Government-issued ID | Must be valid and in date |
| Utility bill or bank statement | Must be dated within the last six months |
| Live selfie | Must match the likeness on your government-issued ID |
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Breaking down more information on the age requirement
Still have a few questions about the age limit at Crypto.com? Here are some of the most commonly asked questions online to help clarify things further for you:
Pros and cons of the Crypto.com age requirement
If you are thinking about joining Crypto.com to trade on prediction markets, you need to be 18 years old or over. Additionally, you need to double-check that you are located in an eligible state. Thankfully, Crypto.com has clear eligibility criteria, so you know straightaway whether you are a permitted user or not, which you can confirm on our prediction markets reviews page. You don’t need to jump through hoops to clarify anything, and the support team is always on hand to assist. With that in mind, there are some pros and cons to the age limit, which you can learn more about below:
Pros
Total compliance Quick KYC check process Easy to upload documentsCons
Verification delays account access Some state restrictionsConclusion: You must meet the Crypto.com age limit to open an account
Crypto.com has a firm but fair approach. You can open an account from the age of 18, but it will need to be confirmed. Not only will you need to prove your age, but you must also satisfy the full verification checks. These checks request details on your age, identity, and location, which helps to keep Crypto.com fully compliant. While going through verification steps can be a little frustrating because it can slow things down, it’s a sign of a legitimate operator. The truth be told, if a prediction market platform didn’t have such a solid KYC process, it wouldn’t be a good thing.
Once you have opened your account, you will then be asked to upload a few documents. Make sure that your documents match the name that’s registered on the account. To save time and hassle, always have your Crypto.com account in your legal name. Otherwise, it will cause delays in your documents being approved.
Generally speaking, the team will approve your verification checks within a few hours. If the team runs into any issues, you will be contacted and may be asked to provide additional evidence. If everything goes smoothly, then you will have full access to your account pretty soon. So, as far as verification goes, it’s pretty fast. If you’re happy with the level of security here, you can join Crypto.com by tapping the on-page banners.
Crypto.com age requirement FAQs
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.
