In Brief
- Binance Junior offers kids crypto savings with parental control and restricted access.
- Parents can monitor, fund, and manage child accounts through a secure master wallet system.
- The app includes “ABC’s of Crypto” book to support early financial education at home.
Binance has introduced a new app, Binance Junior, for users aged 6 to 17, combining crypto savings tools with full parental supervision. The platform enables parents to create sub-accounts for their children while maintaining strict control over all transactions and access.
Children can earn crypto through Binance’s Flexible Simple Earn but cannot trade or send funds freely. Transfers to non-parent adults are blocked, and children aged 13 and above can only initiate transfers within regional limits.
The app prioritizes safety and education by encouraging savings habits rather than speculative behavior. Binance designed the app to help families engage with digital finance responsibly from an early age.
Parental Oversight, Education Tools, and Controlled Access Rolled Out
Parents can fund Binance Junior accounts via their master wallet or on-chain transfers. Every transaction triggers a notification, and parents can freeze or deactivate the account at any time.
The app also includes Minor Mode, which limits features to viewing balances and savings without access to trading. Binance emphasizes financial literacy and protection while encouraging long-term digital wealth education.
Alongside the app, Binance launched “ABC’s of Crypto,” an illustrated book introducing basic blockchain and security concepts to children. The company describes the book as part of its broader family finance initiative.
The app is currently available in select markets and can be downloaded from the Apple App Store and Google Play. Binance plans to expand availability based on regulatory approvals in each region.
Co-founder Yi He said the initiative supports financial literacy and helps parents prepare their children for a digital future. Binance Junior forms part of the company’s strategy to integrate crypto into mainstream financial education.
Binance continues to broaden its services beyond trading by offering safe and structured access to digital assets. The launch positions the company as a first mover in youth-oriented crypto savings and education.
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Source: https://coincu.com/binance/binance-launches-junior-app-for-kids-with/