Children cannot currently save money. The Littlebit app is intended exclusively for adult users (18+) who have undergone identity verification (KYC) and meet the legal requirements for using financial services.
From a legal perspective, saving with Littlebit is classified as a financial service related to investment assets (bitcoin). These can only be used by persons over the age of 18 who independently agree to the terms of use and are capable of taking responsibility for their financial decisions.
Persons under the age of 18 therefore cannot create their own account in the app or save money in their own name.
If you want to save for your children using your account, you will find instructions in the article Can I save for my children?
If you are unsure how to set up your savings correctly, please write to us here. We will be happy to help you find the most suitable solution.
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