Binance launches parent controlled crypto savings app for kids and teens

Binance launches parent controlled crypto savings app for kids and teens - GNcrypto

Binance introduced Binance Junior, a parent‑controlled mobile app and sub‑account designed to help families build crypto savings for children and teens. The product targets users aged 6–17 and emphasizes safety, supervision and financial literacy, with trading disabled and transfers tightly controlled.

According to Binance, Junior operates as a sub‑account linked to a parent or guardian’s primary Binance account. Parents fund the account either from their master account or via on‑chain transfers, and can allocate assets to Binance Flexible Simple Earn so balances accrue yield. The company positions the service as a way to create long‑term savings while offering an introduction to digital assets under parental oversight.

The app is built around parental permissions. Trading is not permitted. Transfers to non‑parent adult users are restricted. Parents receive notifications for every transaction and can disable the Junior account at any time, halting activity immediately. Users aged 13 and above can initiate transfers within the app, subject to daily limits and higher age thresholds where local rules require it. Binance says the interface is simplified and includes monitoring tools so guardians can review balances and activity.

As part of a broader family‑finance initiative, Binance is releasing a self‑published primer titled “ABCs of Crypto.” The book is pitched as an accessible guide to basic concepts — from wallets and security to coins and blockchains — intended for families learning together.

Binance Junior will roll out in select countries through the Apple App Store and Google Play. Feature sets and eligibility will vary by jurisdiction, and the company directs interested users to in‑app guidance and support pages for onboarding steps.

Binance frames Junior as a response to growing interest from crypto‑native parents and newcomers who want a savings‑first, supervised path into digital finance for minors. By separating savings and yield features from trading, and by centralizing permissions with a parent account, the company aims to balance early financial education with risk controls aligned to local compliance frameworks.

As GNcrypto wrote previously, on December 2, 2025 Binance named cofounder Yi He co‑CEO alongside Richard Teng at Binance Blockchain Week in Dubai. The co‑leadership model is meant to speed decisions while meeting compliance goals, with Yi He focused on ecosystem strategy, partnerships and consumer products, and Teng leading regulatory engagement, risk and enterprise services as the exchange advances post CZ governance changes.

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