This is the best strategy to exchange fiat to crypto (or the other way around) if you are not yet 18.
Exchanges and KYC
Unfortunately for all younger people interested in crypto there is not really a good way to exchange your fiat money to crypto. After all everyone, even teens, should be able to leverage the power of blockchain right?
Most exchanges require a lenghty KYC, which would not even be a problem if it weren't for that pesky 18+. They for the most part require your ID to use their exchange, so the entry barrier is very high for you. Another option are sites like localether who will connect buyers and sellers directly. The problem I had with this site, was that the prices where very high and as I was not able to invest lot's of money it was not an option for me. Also I had my doubts in terms of trust if I am being completely honest.
Introducing Uphold
This is literally the only service I found which is trusted and legitimate AND LETS YOU BUY CRYPTO EVEN UNDER 18!!. You will need you parent's permission and that's it. You will have to log on the site and provide your documents. After that there will be a very short review process (for me it was like 1 hour) and you are ready to go.
Congratulations you have now found the perfect way to finally and legally invest in your favorite cryptocurrency!
The platform is ordered in a way that you have a digital wallet where you can store fiat currencies and cryptocurrencies. I use Uphold very often and never had a single problem!
You can buy your cryptos with credit card or via bank transfer. Both of which worked flawlessly. It even has the possibility to generate your own digital credit card and the exchange prices are quite low!
This is a snapshot from the website: uphold.com
In all seriousness, I definitely recommend that you check out Uphold if you are under 18 and have interest in crypto, heck even if you're an adult it is worth looking at. As always you should be responsible with your money and only invest what you are afford to lose especially if you're under 18. In my opinion this is the perfect time to experiment with money a little bit and to maybe get a feel of what crypto investing is like. If you are like me, always on the hunt for new information you will like it. Still, stay safe, start with small amounts of money and don't use mommies credit card ;).
Cheers!