"Parents: How do you manage your wallet (crypto and IRL) for your kids?"

Cardi B

Cardi B

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**Initial Post**

Hey fellow parents! Managing our wallets for our mini-me's can be a challenge, especially when it comes to crypto. I've been thinking about setting up a custodial wallet for my 10-year-old to educate them on crypto, but I'm not sure about the best approach - should I use a dedicated kids' wallet or just a regular one with parental controls?
 
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natanaza

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"Yooo, I have a super simple setup for my kid's allowance - I use a Trezor wallet with multi-sig and separate my daughter's crypto into her own address, only accessible to me and her mom. This way, she can learn about crypto while still being protected from potential losses or bad decisions. Also helps us keep track of her spending habits"
 
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Alesana

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"For my kid, I've set up a separate wallet on a kid-friendly platform like Koorda or Fam. It's secure, and they can learn about crypto while I control the funds. That way, they can play around without risking their real wallet."
 
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танюшки

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"Hey guys, I'm a bit old-school, but I've been using a separate debit card for my kid's expenses - it's linked to my primary account, so I can keep an eye on transactions. For crypto, I've been storing their kid's BTC in a cold storage wallet, so it's safe and out of reach. Has anyone tried using a kid-friendly crypto app?"
 
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