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Can I Give Crypto as a Gift?
Author: Ava Taros
Date: 2022-Sept-01
For the past 15 years, gift cards were a popular present, particularly those offering unique experiences, extreme sports and fun outings. But with the passing of time, regular gift cards will become ho hum, a thing of the past. Gifts are transitioning into the virtual realm, with cryptocurrency at the lead. Crypto offers an element of out-of-the-box novelty along with the prospect of blockchain-proof transparency, future excitement and value appreciation.
A survey conducted before Christmas last year indicated that nearly two-thirds of Americans wanted to receive an investment gift, such as cryptocurrency or a stock. So crypto and virtual assets are definitely a desired gift, and are suitable for nearly all ages.
There are several ways to send cryptocurrency gifts, like bitcoin and ethereum, and it is up to you to choose the method that works best for you.
Additionally, when gifting crypto via an app, the recipient must set up an account on the platform in question and verify their identity prior to claiming the gift. If your recipient is new to crypto, this process may be intimidating.
The transfer of cryptocurrency needn’t be a hassle, nor do third parties have to be involved. You are probably used to seamlessly ordering and presenting digital gifts online. Sending cryptocurrency can be just as easy.
The easiest way to bestow cryptocurrency as a gift is to send your recipient a Giftoin coin set (link to Coin Sets Product Page). All you need to do is to select a set of crypto coins from our assortment, wrap it up, add a greeting, and press “Buy.” The crypto gift is delivered within 90 seconds! You can pay for the gift with the payment method of your choice, and Giftoin automatically stores the cryptocurrency on blockchain in a secure gift wallet at the Giftoin.org smart contract. The recipient is given a private key which ensures complete privacy.
The gifting and receipt processes are so easy that no explanations are needed. Both gift bestowers and recipients can monitor the status of their gifts and coins on the Giftoin.org dashboard in real time. Recipients can access their virtual gift wallets using email secured with 2FA, and they may choose to keep the coins, transfer them or sell them. It’s effortless, it’s fun and it’s the kind of gift your recipient will never forget.
Take a look at one of Giftoin resellers’ special crypto coin sets.
The author of this article is a member of the Giftoin team, the leading trendsetter in virtual gifting.
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