Binance Junior is an application linked to an adult's account that allows minors aged 6 to 17 to learn about cryptocurrencies safely, with parental control. Children can view their assets, make limited transfers (from age 13), and use savings features, but cannot trade in the trading market. Parents supervise everything, set limits, and are notified of each transaction.

Operation

Parental control: The application is a sub-account that belongs to an adult's main account, who sets the rules.

Depositing funds: The adult can transfer funds to the Junior account from their own Binance account.

Notifications: Parents receive alerts for each transaction made in the minor's account.

Limits and restrictions: Parents can set daily spending limits and control the features the minor has access to.

What can be done

View balance: Minors can check their cryptocurrencies and their status in the account.

Limited transfers: Users aged 13 and above can send and receive cryptocurrencies to other Junior accounts or their parents', always adhering to the daily limits set by the adult.

Savings features: They can access the "Junior Flexible Simple Earn" feature to generate returns on their funds, according to local regulations.

Financial education: The platform encourages young people and their parents to talk about finances and digital assets responsibly.

What cannot be done

Trading: Minors are not allowed to trade in the cryptocurrency trading market, whether in spot, futures, or other options.

Transfers to third parties: Transfers to adults who are not parents are not allowed.

At what age

Minimum age: The application is designed for children and teenagers from 6 to 17 years old.

P2P transfers: Users aged 13 and older can make transfers within the app, but with limits.