The usage of social media has a detrimental effect on children's development-physically, socially, cognitively, and emotionally. Findings demonstrate that stress, privacy issues, cyber-bullying, anxiety, insomnia, sexting, depression, allegations, online harassment, self-harm, substance abuse, and even mortality issues are commonly identified among children. Furthermore, during the COVID-19 pandemic, the use of social media curiosity increased, which had a more negative impact on children's behavior. However, on the other hand, it affords many opportunities for learning, entertainment, enrichment, and personal growth by keeping in touch with friends, exchanging information, providing support and advice, and delivering a plethora of information. As a result, restricting children from using social media is not an appropriate approach, despite all of the benefits. Parents, counselors, academicians and pediatricians, as well as the digital industry, must do all they can to keep children safe from harm by taking a proactive rather than a reactive strategy when problems emerge. Thus, the chapter will emphasise the positive and negative aspects of social media and illuminate some of the potential solutions to the difficulties that are recognised when utilising social media.