Step is the first financial platform to allow both people under 18 years old and adults to buy, sell, hold, and earn crypto as rewards. We partner with Zero Hash to power our investing service. You must give your child permission before they can start investing. 

Crypto has the potential for gains and losses and may not be suitable for all investors. There have been big swings month-to-month, even day-to-day. Be sure to take it at a pace you’re comfortable with and don’t let the FOMO guide your decision making. You shouldn’t invest more money than you’re willing to lose.

As your child’s parent or guardian, you get to determine when they’re ready for this next step in their financial journey. Without your permission, they can’t invest if they are under 18. You can track their investing activity from your Step App.

Investing in stocks and cryptocurrencies may have state and federal tax implications. Consult your investment advisor, accountant, or legal counsel regarding your particular circumstances.

Unfortunately, there’s no one answer to this question. Here are a few signs your child might be ready to start investing: they are earning a steady allowance or paycheck; they are regularly contributing to their savings goals; they are asking questions or talking about stocks and/or crypto.