Online retailers now offer the purchase of cryptocurrency gift cards.
How Cryptocurrency, Can be Given as a Gift?
Cryptocurrencies are now not just the ordinary domain of fintech nerds.
It is now impossible to find anyone who has not heard of them since, price swings and surges have been making the news in almost every corner of the world.
There is a varied option on where to invest in this asset class. Some experts are highly against digital currencies such as bitcoin.
They argue that bitcoin will never become mainstream, therefore, causing plummeting of its value.
I visualize cryptocurrencies as the future of the world, and people who are willing to invest in them will make a fortune someday.
Whichever side you are on conceptualization of cryptocurrencies as gifts can’t be shelved.
Today a high number of companies accept cryptocurrencies as a mode of payment.
Where to Buy a Coinbase Gift Card
Coinbase has recently introduced a new feature to its customers enabling them to spend cryptocurrency on gift cards.
There is after they partnered with Wegift.
Our gift allows Coinbase customers to spend crypto on some chosen retailers like Nike.
It has allowed customers to experience to have more flexibility and direct control of their crypto.
If you would like to purchase a gift card using Coinbase I would highly suggest you visit wegift.io/coinbase since it is trusted and has improved customer experience.
Which Cryptocurrency is Opt when Making a Good Gift?
In today’s market, there are more than six thousand cryptocurrencies.
These will make it difficult when choose which one is the best.
It is advisable to stick to the most trusted mainstream options such as Bitcoin, Ethereum, or Ripple.
It is because sometimes cryptocurrencies are not stable investments as prices fluctuate wildly.
Since it is a gift, it will also be prudent to consider what the beneficiary may prefer.
How will I Gift Someone Cryptocurrencies?
It is now much easier to buy cryptocurrencies due to their ever-growing popularity.
The following are some of how digital currencies can be gifted
- Through gift cards
Several online retailers now sell cryptocurrency gift cards.
You should find one retailer or website that is trustworthy or one that offers the needs you want.
The next step is to select the amount that you wish to buy and then pay for it.
- Through crypto exchanges
Cryptocurrencies are gifted, through an exchange.
You will first need to choose an exchange if you aren’t a crypto investor.
Then set up an account, and decide on the payment method you opt for.
Once you have fully purchased the digital currencies, is it easy to send to the recipient.
- Through storing cryptocurrencies
Once you have purchased the gift, it is vital to find a place safe to store the gift.
One option is to leave the gift on the website where it was purchased.
I would move the gift offline so that it is safe from hackers.
- Through paper wallets
It is the cheapest way to store cryptocurrencies offline.
A paper wallet is created when you visit a specialized website that will generate keys and corresponding QR codes.
- Through Hardware wallets
It is the most secure way to store your gift.
They are found on USB drive devices.
These wallets are mostly found offline, and this feature makes it difficult to hack.
It can be purchased more easily at various’ prices.
Prices will vary depending on the feature they have.
- Through physical coins
In case you want to make the gifting more elegant, purchasing physical coins should be considered.
They have an impressive look and can be used to store cryptocurrency.
Conclusion
Crypto is the future of the world.
It is used to evade the government and financial policies that target the average man.