Crypto gift cards for this Christmas season?

Crypto gift cards for this Christmas season? Isn’t that an ingenious idea? Let’s find out what are these cards and how to gift them.

Introduction

Christmas is the festival of gifts. The snowy festival is been associated with Santa and gifts since times immemorial. Friends and family members gift each other different things. However, when you’re in doubt it’s wise to gift money rather than a product of your choice. This is where the gift card industry thrives.

Gift cards can be redeemable for commodities or services of their value. Indeed, if in doubt about what to gift your close one, a gift card is the best selection. Thankfully, there are many gift card providers that you can find. However, in this article, we will talk about something different. Here, we will talk about Crypto Gift cards.

Crypto gift cards for this Christmas season

Cryptocurrencies are all over the news. 2021 has been a phenomenal year for Cryptocurrencies and Blockchain Technology in general. With new tokens and new technologies like NFTs, the world is going in the direction of a Crypto inclusive world.

Keeping the progress of Cryptocurrencies in mind, many people are now gifting their loved ones Cryptocurrencies as a Christmas or New Year gift. Now, this is where Crypto Gift cards come into play.

Now you can purchase and gift your family and friends a crypto gift card. However, crypto exchanges like Coinbase and Binance do provide gift cards. But the receiver needs to have an active account for using the gift.

Other methods of gifting Cryptocurrencies

Surprisingly, one of the safest and cheapest ways to gift Cryptocurrencies would be using a paper wallet. The paper wallet will include the public and private keys to access the Crypto account. The paper key could also be in the form of a QR code. To gift Cryptocurrencies using this method you’ve to transfer your desired Cryptocurrency tokens to the account and then give the keys to the receiver of the gift.

One more method can be gifting your loved one a more modern and technologically advanced hardware wallet or cold wallet. They also hold keys just like paper wallets but are far more secure and reliable.

One more possible way to gift Cryptocurrency tokens is through an exchange. Here, the person gifting those tokens can send their desired number of the tokens directly to a public address. However, the receiver will need to set up a digital Wallet to redeem that.

Conclusion

Crypto gift cards for this Christmas season sounds like an excellent idea for a gift for your loved ones. Hopefully, you pick your favourite crypto token to gift your family or friends.

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