Stockpile Launches Kids Cryptocurrency Trading with 30 Coins
New addition designed to help bring the future of finance to kids, providing an opportunity to make crypto as easy to invest in as stocks
SAN FRANCISCO, Oct. 20, 2022 /PRNewswire-PRWeb/ -- Stockpile, the simplest way to invest in stocks, today announced kids crypto trading on its platform, making it the first and only place where kids can invest in 30 different cryptocurrencies. Stockpile is designed to help bring the future of finance to kids by providing an opportunity to make investing in crypto as easy to invest in as traditional stocks.
"We believe crypto is the inevitable future of currency," said Stockpile CEO Victor Wang. "It's important to us that we make it easy and accessible to everyone, especially kids. We want everyone to understand their investing options and truly prepare for the future."
Kids are often the first in a family to learn about new technologies and crypto is no exception. In a recent survey of 1,000 parents and teens, 55% of teens reported their interest in cryptocurrency. And parents are the key to kids learning more about crypto and finances in general. The same study found that 68% of kids would be more likely to start investing with the help of a parent or guardian. Stockpile's "Kids Choose. Parents Approve. (™)" model for its custodial accounts gives kids the opportunity to lead their own financial education by searching for and initiating trades of stocks and cryptocurrencies, and builds in teaching and learning moments for parents and kids throughout the investing process.
Knowing that it's not always easy to talk to your kids about crypto (especially if a parent is a novice themselves), Stockpile has created a set of conversation starters meant to help parents initiate and sustain conversations with their kids about crypto and investing in general. These conversation starters (found here), help parents learn more about crypto and equip them with topics that will keep kids engaged in conversation.
"Parents are understandably skeptical of crypto, especially for their kids. It's a brand new type of investment and until recently, it's been difficult for anyone to participate," said Wang. "But we added crypto to our platform to make it accessible and easy for anyone to learn. We don't want people to miss out just because they aren't finance experts!"
Stockpile is a subscription-based investing and learning platform, available for $4.95/month. For more information, visit Stockpile.com or contact [email protected].
# # #
About Stockpile
Founded in 2010 and headquartered in San Francisco, California, Stockpile, Inc. makes it easier to start investing in the stock market and cryptocurrencies. With the vision for creating equitable and equal access for all, Stockpile is changing the way investments are made with zero fee trading, custodial accounts, gift cards and fractional investing, allowing users to own blue chip stocks without the price tag associated with these stable investments. Stockpile has been featured in Consumer Reports, Forbes, and The Wall Street Journal and the app has earned a 4.7 rating on the app store. Stockpile Investments, Inc., is a registered broker-dealer and member of FINRA and SIPC.
Risk Disclosure
All investments, including cryptocurrency and securities, involve risk, including possible loss of principal. Past performance of a security, market, crypto, or financial product does not guarantee future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.
Media Contact
Rachel Morrison, Stockpile, 1 5036808781, [email protected]
SOURCE Stockpile
Share this article