Binance introduced a new product called Binance Junior, intended for minors aged 6 to 17 to hold crypto savings under parental control.

Service design and restrictions

The service operates as a sub-account linked to a parent’s main Binance account and does not permit trading or market orders, only accumulation of digital assets.

Parents retain full oversight and control over the sub-account settings, transfers, and withdrawals, while children receive a simplified interface for learning digital finance concepts.

Access requirements and security

Only Binance users who have completed KYC verification and enabled 2FA can create Binance Junior sub-accounts, ensuring compliance with identity checks and basic account protection.

The platform limits functionality to custodial savings and includes parental approval flows for any outgoing transactions, aiming to reduce exposure to trading risks for minors.

Intended purpose

Binance positions the product as a tool for families to build crypto savings and introduce children to digital finance in a controlled environment without market access.

The announcement focuses on educational and savings objectives, and the rollout requires parent-held accounts with standard compliance measures enabled.