How to Gift Someone Crypto
Cryptocurrencies have become increasingly popular in recent years. While some people think that
Bitcoin can never go mainstream, several financial experts believe that it’s the future of money.
Like it or not, crypto is a reality and certainly makes a very good gift because of its increasing value and demand.
As more e-commerce companies continue to accept digital payments, many people around the globe are willing to shop online and pay their bills via cryptocurrency.
Which Cryptocurrency Should you Give as a Gift?
There are over 6,000 cryptocurrencies globally, but not all of them are completely secure or profitable. If you or the person you’re gifting have your eyes on a specific crypto project, then you can choose the cryptocurrency accordingly.
Otherwise, we would strongly recommend you to stick to the most established cryptocurrencies—Bitcoin, Ethereum, or Ripple.
Important Note: Presently, the value of one Bitcoin equals $62466.10, and hence it’s understandable that everyone can’t afford to purchase an entire Bitcoin.
What you can do, however, is purchase a fraction of the Bitcoin, so you won’t end up compromising your monthly budget.
How to Gift Crypto
Once you completely understand the risks and rewards of a cryptocurrency, try to meet up with the recipient, you’re gifting it to and consider their financial needs. You can gift crypto to someone in the following ways:
Find a reliable website that sells cryptocurrency gift cards and pay for your chosen cryptocurrency. Your recipient can redeem the digital currency gift from the same website.
3 places you can buy crypto gift cards:
1- Kucoin - Buy now
You can also give someone cryptocurrency as a gift through an exchange. If this is your first time, you need to select a cryptocurrency exchange platform, create an account and choose your desired payment method. Once the initial steps are completed you can send your purchased crypto to their financial wallet.
Learn More About Crypto with Urban Crypto
Whether you want to understand the fundamentals of Bitcoin and blockchain technology or you need to research different crypto projects, consider Urban Crypto.
Urban Crypto is a reputable platform where you can find a beginner's guide for cryptocurrency and learn about the latest trends in the crypto world.
Check out their blogs if you're looking for a way to make money with cryptocurrency.
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