Giving Bitcoin as a gift – Here's how
Giving away cryptocurrencies may seem complicated. Unlike traditional gift ideas like cash, gift vouchers, or gift boxes, cryptos only exist digitally. Here, we will show you how to find the perfect crypto gift for your family and friends and how to easily give away Bitcoin and other cryptocurrencies.
The year offers many opportunities to gift your loved ones – whether it's for a birthday, Mother's Day, or under the Christmas tree. Digital assets not only provide a unique way to express appreciation but also contribute to the spread and adoption of cryptocurrencies. Essentially, you can easily gift cryptocurrencies by sending Bitcoin, Ethereum, or another cryptocurrency to the recipient's wallet. However, you need to know the wallet address, and it can also feel a bit impersonal. Cryptonow gift cards offer a more charming way to gift Bitcoins and other cryptos, as they are available in physical form.
An important aspect when giving gifts to your loved ones is the experience of unwrapping and holding the gift in their hands. That's why crypto gift vouchers are perfect for bringing joy to someone with Bitcoin, Ethereum, or Solana, for example.
The recipient then has the opportunity to exchange the balance on the card into cryptocurrency at a time of their choosing. The physical gift card also serves as an offline wallet. You can find more about the different storage options (Cold Wallet, Hot Wallet, Offline or Online Wallet) here. This means that the cryptocurrency is securely stored after the exchange. An offline wallet means that the sensitive data on the gift card has never been captured digitally, providing a very high level of protection against cybercrime. Therefore, physical gift cards are ideal as an alternative saving method over a longer period. If you want to give a long-term investment as a gift, a physical gift card is the best choice.
Here you can find an overview of all authorized retailers such as Coop, Kkiosk, Media Markt, and many other partners.
If you prefer something more straightforward and want to save yourself a trip to a retailer like the post office or a Coop, you can opt for the digital Cryptonow voucher. The principle remains the same, but with a digital voucher, you're essentially gifting a PDF with access details to a wallet, whose balance can be exchanged for a cryptocurrency like Bitcoin or Ethereum. The advantage is that you can purchase and gift it directly from home. It's as easy as printing photos at home.
The downside, however, is that you don't have a physical product in your hands. Of course, you can print the digital voucher at home and then gift it in an envelope along with a dedication, but the printed voucher won't be as high-quality as the Cryptonow gift cards produced by a printing company. You also have the option to choose the design of the digital voucher yourself, allowing you to give a personalized gift.
You can purchase the digital vouchers through Kkiosk.
To save in the long term and maintain a high level of security, it's worth using a physical Cryptonow gift card. Therefore, a physical card is a better option for a first gift. If you want to continue gifting the same cryptocurrency to the same person afterward, you can use digital vouchers. The cryptocurrencies from the digital voucher can then be transferred to the offline wallet of the physical card.
This article does not constitute investment advice or a solicitation to buy or sell digital assets or other financial instruments or to enter into any other financial transaction. The main purpose of this article is to provide general information. No representations or warranties, express or implied, are made regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Therefore, it is advisable not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained herein. Some statements in this article may contain forward-looking expectations based on our current views and assumptions. These statements are subject to uncertainties and may lead to actual results, performance, or events differing from the statements made in this article.
The Cryptonow Group and its subsidiaries, as well as any advisory or representative persons, cannot be held liable in any way for this article.
It is important to note that investing in digital assets carries risks as well as potential gains.
