What Are Crypto Gift Cards? Here’s How To Buy Them This Holiday Season
Crypto coins are a versatile gift option and you can give them to anyone, within or outside the country.
The rush to buy gifts for friends and family this holiday season has begun. One of the most coveted gifts this Christmas and New Year is crypto coins as people see them as a way to boost wealth. Most people these days prefer financial gifts over books and clothes. The rise of virtual currencies such as Bitcoin and Ethereum have made people aware of the new industry that promises rapid wealth creation.
So if you are thinking of investing in the future to build an asset class, cryptocurrency could be an option. These coins are a versatile gift option and you can give them to anyone, within or outside the country, without going shopping in the crowded market. Here’s how you can gift crypto coins.
Crypto Gift Cards
The cards work like retail gift cards. Visit a website that sells Bitcoin gift cards, buy the Bitcoins you wish to give and pay the amount. You will receive a gift card, which you can share with your loved ones. They can visit the same website and get the Bitcoin deposited in their digital wallet by entering the details. Companies such as Coinbase, Binance, CashApp and Robinhood allow their users to purchase gift cards.
Another way of gifting crypto coins is through a crypto exchange. You can send the number of the crypto coins directly to their public address. If the recipient does not have an account on a crypto exchange or digital wallets, they will have to set up one.