Stack has released a special mobile app to teach kids over 13 the basics of trading and storing crypto-assets in real time.
Mobile software firm Stack has released a special crypto education and trading app for teens and their parents.
The goal was to teach the growing generation the basics of digital asset trading and safety rules in the crypto market. According to Will Rush, CEO of Stack, the app will provide young crypto enthusiasts with an affordable and safe way to get real trading experience.
Rush emphasized that there is a high demand for learning about cryptocurrencies among the younger generation and their parents, who advocate giving their children the opportunity to learn the basics of digital literacy as part of the school curriculum. However, the content available to children online, particularly on social media, frequently offers no practical advice and isn’t safe for teens.
The Stack app is available for Android and Apple. The subscription costs $3 per month, and the first six months of access are free. The app has parental controls for safety, and under the Uniform Transfer to Minors Act (UTMA), the account and all assets of children under 18 will belong to their parents or legal guardians.
The app will provide an opportunity for children to participate directly in digital asset exchanges within the Stack platform. Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), USD Coin (USDC), Litecoin (LTC), and Polygon (MATIC) will be available for purchase, sale, and storage.
Notably, off-platform transfers won’t be accessible to teens. According to Rush, this will keep kids safe from cryptocurrency fraud, which is gaining momentum. Recall that the social networks Instagram, Facebook, WhatsApp, and Telegram, popular among teenagers, are most actively used by scammers to steal digital assets.
