Looking for a Christmas gift? Consider giving out crypto-themed items—or even cryptocurrency itself.
The holiday season is a great time to give crypto- and blockchain-themed gifts. Here are six gift ideas for cryptocurrency enthusiasts in your life.
You can give Bitcoin, Ethereum, and other coins to anyone. Use BitcoinPaperWallet.com to create holiday-themed gift wallets and deposit cryptocurrency into the generated address. Note that this option is best for experienced users, as new users can easily lose their balance by damaging their wallet or transferring their balance incorrectly.
If you want a more straightforward way to send cryptocurrency, you can purchase a gift card from a popular exchange such as Coinbase or Binance. Other sites such as Robinhood and Square similarly allow gifting within their apps, but without the need for a physical card. Once the recipient receives the item, they can redeem the balance in-app. The simplicity of this approach makes it a good choice for new users.
Non-fungible tokens (or NFTs) have become popular over the past two years. Crypto users can buy NFTs on sites like OpenSea and send them to the recipient’s blockchain address; consider following this Investopedia guide for a step-by-step process that describes NFT gifting. If you do not hold crypto, you can buy some mass-market NFTs, such as NBA Top Shots, with standard payment methods.
If you know someone who already owns cryptocurrency, consider giving them a secure crypto wallet. Trezor and Ledger devices allow the owner to hold crypto on a protected digital device. There are also less expensive alternatives if you’re looking for a security-themed gift: engravable metal wallets can be used to protect passwords and wallet recovery phrases from fires, floods, and other disasters.
There are plenty of crypto-themed novelty gifts available online, from socks and sweaters to coffee cups and phone cases. These items can be found on various marketplaces, including Amazon, Etsy, Zazzle, and Redbubble.
As a gift to all, you can make a charitable donation of cryptocurrency. Projects like the Giving Block, Binance Charity, UNICEF, and BitGive all allow you to donate crypto to a variety of causes, and some sites may allow you to make a donation in someone else’s name. See our previous charity guide for more details.
Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.