Post
Topic
Board Beginners & Help
Topic OP
Crypto child savings account
by
ReddaJoppe
on 31/01/2023, 20:02:52 UTC
I have recently started investing in crypto, and I have now decided to create crypto savings accounts for my children. Is it possible to create accounts/wallets in their name, that I can control while they are minors, and that they automatically will become owner of when they turn 18? Or will I need to create a crypto account for myself and just manually gift it to them when they become of age? What might be the smart solution?

I'll be depositing funds in their accounts regularly, which will keep sitting there for about 6-10 years, so I'll be looking to accumulate some sort of interest during that period. What options should I consider for this?