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I have not traded in DEX just yet since I am entirely focused on just holding Bitcoin. I am curious if those DEX allows people to "cash out" their holdings into whatever local currency they hold. Surely that would what underage people would do to get their profits. I had never seen any exchange yet that allows cashing out or selling your coins to local currency/paper money without any KYC that would involve your identity.
I am sure as well that there are a lot of underage people into crypto now starting when NFTs became hot in the news especially those NFT games that we hear a lot. I am waiting for those stories of high school teenagers that managed to became millionaire early from NFTs though I would not expect too much.