Binance Launches Accounts for Children
Date: 2025-12-05 Author: Gabriel Deangelo Categories: BUSINESS
Cryptocurrency exchange Binance has introduced its Junior service, designed for users aged 6 to 17. Accounts for children are created as sub-accounts of parent profiles, providing control over minors' activities and the opportunity to learn how to manage digital assets. Through Junior, children can accumulate cryptocurrency using the Flexible Simple Earn feature, if available in their region.
Account registration occurs through the main Binance app, after which the child installs the separate Binance Junior app and links it to the parent account using a QR code. Each adult can create up to five such child profiles.
Transfer and savings features are only available between Junior accounts or with a linked parent account, with a daily transfer limit of $400 between child accounts. Trading and withdrawal of cryptocurrency is prohibited for minors. Parents retain full control over their accounts, as they are the legal owners and can deactivate them at any time.
Access to Binance Pay is subject to local laws. Age restrictions vary by country: Germany and Poland have a minimum age of 16, France 15, and Spain 14. A full list of restrictions is available on the exchange's official website.
The creation of Binance Junior reflects the platform's commitment to developing financial literacy among young people and offering safe ways to interact with cryptocurrency. Binance previously announced the appointment of co-founder Yi He as co-CEO alongside Richard Teng, further underscoring the company's expanded management and strategy.
This new feature allows children to safely learn how to manage digital assets under parental supervision, limiting risks and creating the conditions for gradual adoption of the cryptocurrency space. Binance Junior is becoming a tool not only for savings and transfers, but also for an educational experience in the world of fintech.
