Cryptocurrency is more than just charts and investments. It’s also about giving.

Gifts are the ideal method to show your loved ones that you appreciate them on a special day or for their birthday, or perhaps to express your congrats on a recent success. But selecting the ideal present might be challenging.

Cryptocurrency can be a fantastic choice if you’re searching for a unique and useful present. American bitcoin owners now number over 14%, and in 2021, the acceptance of digital currencies will move even closer to the mainstream.

For individuals wishing to introduce technology to folks who would not have done so on their own, Bitcoin can make a great present.

You may offer Bitcoin or other cryptocurrencies as a gift in several ways. Let’s examine the reason for giving cryptocurrency.

1. Given that many individuals view cryptocurrency as a type of investment, this may be a long-term presence. Your cryptocurrency contribution may become worth more in the future. You never know what the cryptocurrency may be valued in a few years if the receiver decides to keep it for a while.

2. A gift of Bitcoin (BTC) may be more flexible than a traditional gift card because more merchants now accept crypto payments. The gift can be spent or traded if the receiver decides not to hold it as an investment.

3. You don’t have to purchase a full Bitcoin to make a cryptocurrency gift; for instance, one Bitcoin is now worth around $19,782. (or any other coin). Any cryptocurrency can be given to someone for as little as $1. That might not be feasible due to transaction fees, but it is feasible.

4. We all know that vendors occasionally run out of supply and demand, but because retailers and suppliers struggle to keep up with demand, there’s no way your crypto gift will be out of stock or stranded in a warehouse someplace. So, crypto makes the perfect gift.

Bitcoin is infamous for its erratic price changes. But cryptocurrency has a fixed supply and is a disinflationary asset. Many believe that as cryptocurrencies become more widely used, their value will continue to rise in comparison to fiat money.

Indeed, there are some instances when bitcoin is superior to fiat money. This implies that by merely keeping onto this priceless digital commodity, the recipient of your bitcoin gift can profit.

So, the following are some ways you can give cryptocurrency:

• Via Cryptocurrency Exchanges

A credible and regulated cryptocurrency exchange is one approach to distributing bitcoin to customers.

• Bitcoin Gift Cards

Another enticing approach to offering cryptocurrency as a present is via gift cards. You may send bitcoin gift cards via several exchanges’ platforms or mobile applications. For instance, Binance allows you to even create the card yourself and send a unique message.

• DEFED gift

On DEFED platform, other than making transfers and payments, you will be able to gift your friends special tokens on Ethereum and ENS addresses efficiently. Think of Christmas and New Year gifts to your friends and family. The gifts not only symbolise gratitude but also can earn both you and your friends extra income.

Likely, the recipient of your bitcoin gift won’t have a wallet to store the digital currency if they aren’t already invested in it.

Cryptocurrencies can be stored on the site where they are bought, but it is often recommended to hold them in a more secure offline place that is less vulnerable to hacking.

The best choice is to get a hardware wallet. These commonly accessible USB drive devices are considered to be the safest option to store cryptocurrencies as they are compact, waterproof, virus-proof, and frequently available.

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