Gifting Cryptocurrencies: A Good Deed Or Bad

Cryptocurrency is not just simple data as it is right now a part of our daily lives and it can have various uses. One of these uses is as a gift for your loved one. Gifts symbolize our love toward the person we are getting them for. And the value of the gift doesn’t matter, the sentiment does. That is why it is important to choose a gift that might be helpful for the receiver.

Cryptocurrency is a good candidate for a gift for all kinds of occasions in our daily life. We have a tendency of gifting valuable jewelry, cash, gift cards, and expensive items like clothes, watches, etc. These gifts are surely very expensive and have very much sentimental value to them however if you are looking for an innovative type of gift which can prove to be helpful for the receiver in the future then cryptocurrencies are the ones that you are looking for.

There are several types of cryptocurrencies that you can choose from as a gift for example Bitcoinfastprofit, Litecoin, Dogecoin, Ethereum, and many others. In this article, we will be discussing cryptocurrencies as a potential gift. Is it good or bad for the receiver? Get the answers after going to this article. 

Gifts and Sentiments

Gifting is part of our sentiment and we have to be careful about picking a gift for our loved ones or friends. If we talk about cryptocurrencies as a part of gifting culture then it is a very good choice because it helps us save money on buying expensive things and we can simply buy a bitcoin or just a portion of it will suffice as a good gift.

That is why gifting cryptocurrencies is very economical and helpful for the receiver. Buying Bitcoin is also pocket friendly because you can simply buy a portion of a bitcoin and send it as a gift card or other ways that we will be discussing in the next section. So yes gifting cryptocurrencies is a very good deed indeed. 

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How To Send Cryptocurrency As a Gift?

Now there are several ways that you can use to give cryptocurrencies to someone. In this article, we have listed a few of them so please go ahead and read.

1. Crypto Gift Cards

Similar to the traditional gift cards where we give someone money or coupons to shop somewhere, cryptocurrencies gift cards are also something that you can redeem at a crypto wallet or exchange. You can simply pay for it and send it to your friend or family via post or give it to them by hand.

2. Sending crypto from crypto exchanges

If you are a traitor of cryptocurrency you already know what if two exchanges are these are like shops where you can buy cryptocurrency from if your friend is also a crypto trader you can simply buy some cryptocurrencies and send it to your friend’s wallet as a gift.

3. Paper Cryptocurrencies

Did you know that you can also use cryptocurrencies like paper currency? If you use a paper wallet you can download your information related to cryptocurrencies via QR codes on paper which you can carry anywhere in the world and redeem it anywhere you want using a paper wallet. You can simply use this paper to give it to your friend as a homecoming gift.

Conclusion

In the end, we can conclude that the idea of gifting cryptocurrency is really innovative and everyone would appreciate it if someone they cared about gifted them something that is going to build them a better future.

That is why you should start investing in Bitcoins and save up to be able to give some of them to your loved ones. If you are new to this we suggest you go to where you can trade in Bitcoins and start your wonderful cryptocurrency journey.