Stack releases crypto trading app for teens

Stack offers catchy crypto education content that may become a better alternative to TikTok’s “fin-fluencers”

Stack crypto

Stack releases crypto trading app for teens. Source: Stack

Crypto-curious teens can test real crypto trading after the launch of the education and trading app Stack. The app offers young crypto enthusiasts better educational alternatives to what crypto influencers post on social media platforms such as Reddit and TikTok. 

Stack comes with parental controls. Moreover, the accounts are regulated under the Uniform Transfers to Minors Act, allowing parents and legal guardians to maintain ownership of the account and assets until their teenager turns 18.

Announcing the app launch, Stack CEO Will Rush highlighted that there is a strong demand from Gen Z to learn about crypto. We have recently reported that crypto-educated American parents want their children to learn crypto basics at school

At the same time, educational content they consume online is usually via social media or blog posts that may be too superficial. Therefore, Stack is trying to fill a gap in the market by “building content to specifically resonate with teens”.

Alongside educational crypto content, Stack offers crypto exchange and custody for seven digital assets including Bitcoin (BTC), Ether (ETH), Cardano (ADA), Solana (SOL), USD Coin (USDC), Litecoin (LTC) and Polygon (MATIC). Instead of applying trading fees, the crypto exchange app charges a $3.00 per month subscription fee.

So far, Stack does not allow off-platform transfers, to “eliminate up to 98% of all crypto fraud and scams” occurring in the crypto sector. The company has also suggested these restrictions will encourage teens to become long-term hodlers rather than focusing on day-trading speculation. 

The app is available on Android and Apple devices. Eligible users must be at least 13 years old.

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