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Four ways to give bitcoin as a gift this Christmas

Actualizado: 30 jun

The Christmas holidays are approaching and with them the classic gifts among family and friends. The recent boom of cryptocurrencies has generated an original and who knows if very lucrative alternative to give to our loved ones. So, if you are considering the possibility of giving bitcoin to someone to complete their wallet or to introduce them to this new (and uncertain) world, we present four effective and reliable options for this:

  1. Gift card: the most basic and perhaps the least attractive. Companies such as Coincards allow you to transform your bitcoins into gift cards from different platforms such as Amazon. In this modality you are not giving bitcoin as a gift but transforming your cryptocurrency into a gift card.

  2. Cold wallet: Is one of the safest options, as these wallets keep your assets out of potential hacks. Trezor or Ledger Nano S are some of the most recognized and reliable devices on the market and can be delivered with some satoshis or bitcoins embedded.

  3. Physical coins: surely the most original of all is the option offered by some companies that prepare coins backed by a specific value in bitcoin. However, it is advisable to be well informed as some of the companies offering this service have had legal problems and have even been closed down.

  4. Paper wallets: Finally, a simple way to give bitcoin as a gift is to create a paper wallet to give bitcoin as a gift is to create a paper wallet through companies such as walletgenerator.net. As the name suggests, it is a wallet generated with your own keys and can be printed out for the gift recipient to use.

All four are useful alternatives to make an original and surprising gift that can be revalued over time. In any case, it is important to remember that this is an emerging and still very new sector, so it is advisable to be carefully it is advisable to inform yourself carefully before opting for any of them in order to avoid scams and unpleasant situations.

 
 
 
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