Crypto Gift Cards by WazirX

If you’re sending cryptocurrency to someone who has never owned the digital currency, Kengne recommends including step-by-step guidance on how to receive crypto taped to the holiday or birthday card. And while cryptocurrency can be a great gift, you want to make sure the recipient has a disclaimer about the risks of owning cryptocurrency. While paper wallets were once considered super secure because they can’t be hacked, they’re no longer the recommended method of storing cryptocurrency.

  • Bitcoin and other virtual cryptocurrencies are classified as “property” and taxed like other common assets such as gold or stocks.
  • Whether you choose to gift Bitcoin, Ethereum, or even a meme token like Dogecoin or Shiba Inu, it’s never been easier to send someone crypto as a present.
  • Give consumers the option to cash out their crypto onto a digital gift card of their choice, and open up a world of retail spending opportunities.
  • While struggling to figure out what to get your loved ones for the holidays can sometimes be a hassle, finding the perfect gift really feels great.

Its members are a dedicated community willing to endure the uncertainty and risk of the cryptocurrency investing roller coaster. Like sports fanatics, these HODL-ing risk takers like to demonstrate their passion for blockchain technology with hats, shirts, and various tchotchkes. We’ve assembled a list of crypto gifts that even the most discerning cryptocurrency enthusiasts will geek out on.

You don’t need to buy an entireBitcoin, though—typically, fractions of the coin are purchased instead. Cryptocurrencies are no longer just the domain of fintech nerds. Even the least technologically inclined among us have heard of cryptocurrencies, with their volatile price swings and surges in value making the news in almost every corner of the globe.

Unique Crypto Gifts for Bitcoin

The Bitcoin mining software development service is becoming extremely popular in the era of cryptography and blockchain technology. By optimizing the cryptocurrency mining process, a miner can significantly increase the profits, which is why the costs often pay off. Hardware wallets, also known as cold storage wallets, offer the highest possible security for digital assets. Hardware wallets are devices that connect to your computer by USB cable or your phone by Bluetooth.

cryptocurrency as a gift

It’s hard to come up with a thoughtful last-minute holiday gift that hasn’t been done before. needs to review the security of your connection before proceeding. The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. Example of a confirmed Bitcoin transaction using the free explorer at

What taxes do I need to pay when I receive a crypto gift?

You’ll want to make sure that the recipient’s wallet is compatible with the chosen cryptocurrency. If you’re sending Bitcoin, it’s a good idea to check that you’ve entered a valid Bitcoin address. Network fees vary widely by currency and network congestion. You may also have options to pay higher fees for faster processing or lower fees for slower processing. Because each currency is unique, it’s a good idea to review costs before gifting or sending any cryptocurrency.

If you have been super busy and didn’t have time for gift shopping this Christmas, crypto has got you covered. You can purchase and send cryptocurrency all over the world on Christmas Day, and they can receive it instantly. Crypto exchanges such as Binance allow you to send crypto anywhere in the world and to anyone, even if they are non-Binance users. If someone already has a crypto wallet then gifting crypto is as easy as using BitPay Send.

How to create and send Coinbase gift cards

Trade Bitcoin for Free, use leverage, and get all current welcome bonuses at Bybit with referral code CCFsignup. We accept donations of Bitcoin, Ethereum, Litecoin, USDCoin, and more. Your generous support makes the OHIO experience more accessible and more enriching for students than ever before. Your gift helps build the experiential learning opportunities that are the cornerstone of our students’ success, both on their path to graduation and for whatever comes next. This post was created by a non-news editorial team at Recurrent Media, Futurism’s owner. Futurism may receive a portion of sales on products linked within this post.

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