Gifting Bitcoin – Here's How
Gifting cryptocurrencies might seem complicated. Unlike traditional gift ideas like cash, gift vouchers, or gift boxes, cryptos exist solely in digital form. Here, we show you how to find the perfect crypto gift for your family and relatives and how to easily gift Bitcoin and other cryptocurrencies.
The year brings many opportunities to give gifts to your loved ones – whether it's for a birthday, Mother's Day, or under the Christmas tree. Digital assets not only offer a unique way to show appreciation but also contribute to the spread and acceptance of cryptocurrencies. Basically, you can easily gift cryptos by sending Bitcoin, Ethereum, or another cryptocurrency to the recipient's wallet. However, you need to know the wallet address, and it might feel a bit impersonal. Cryptonow gift cards offer a more charming way to gift Bitcoins and other cryptos, as they are physically available.
An important aspect when gifting is unwrapping and holding the gift in your hands. Therefore, crypto gift cards are perfect for bringing joy to someone with, for example, Bitcoin, Ethereum, or Solana.
The recipient then has the option to exchange the balance on the card – at a time of their choosing – into the cryptocurrency. The physical gift card is also an offline wallet. More about the different storage options (Cold Wallet, Hot Wallet, Offline or Online Wallet) can be found here. This means the cryptocurrency is securely stored after the exchange. An offline wallet means that the sensitive data on the gift card has never been digitally recorded, providing a very high level of protection against cybercrime. Therefore, physical gift cards are ideal as an alternative savings method over a longer period. So, if you want to gift a long-term investment, a physical gift card is the best choice.
Here you can find an overview of all authorized sales outlets like Coop, Kkiosk, Media Markt, and many other partners.
If you prefer something more straightforward and want to save 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 essentially gift a PDF with access data to a wallet, whose balance can be exchanged into a cryptocurrency like Bitcoin or Ethereum. The advantage is that you can purchase the gift from home and gift it directly. As simple as printing photos at home.
The downside is that you don't have a physical product in your hands. Of course, you can also print the digital voucher at home and then gift it in an envelope along with a dedication, but the printed voucher is not as high-quality as the gift cards produced by the print shop from Cryptonow. You also have the option to choose the design of the digital voucher yourself, thus presenting a personalized gift.
You can purchase the digital vouchers via offerz.ch.
To save in the long term and have a high-security standard, it's worth using a physical Cryptonow gift card. Therefore, a physical card is better suited as an initial gift. If you then want to continue gifting the same cryptocurrency to the same person, you can switch to digital vouchers. This way, the cryptocurrencies from the digital voucher can 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.
