Cryptocurrency has evolved from more than just virtual money, as many have labeled it, to an investment instrument and a means of daily financial transactions. In fact, cryptocurrency investment is one of the top search results for "how to make money online" or "ways to make money from the internet."
Cryptocurrency has received a lot of attention over the last decade, and its popularity has changed the financial industry and how we handle our finances, making it a must-know for anyone who doesn't want to lose out on the money of the future.
Related: The Future of Banking: Will Cryptocurrency Replace Traditional Banks?
With increasing online businesses and corporate companies accepting cryptocurrencies as payment for their products and services, cryptocurrency is becoming more than just an investment tool but also a medium of exchange for making purchases and paying bills.
As a result, with cryptocurrency becoming more widespread and its use expanding across multiple industries, it can be regarded as a thoughtful gift for friends and family to introduce them to cryptocurrency's exciting world and possibilities and contribute to their financial freedom.
While offering cryptocurrencies as a gift to friends and family may sound enticing, many people don't know how. So, how do you gift cryptocurrency to your friends and family? In this post, we will discuss how to offer cryptocurrency as a gift to show appreciation for your friends and family while introducing them to the world of cryptocurrencies and the future of money. But first, look at why Bitcoin is a worthwhile gift to give to friends and family.
Why Is Cryptocurrency a Valuable Gift for Friends and Family?
Mainstream Adoption
Cryptocurrency popularity is spreading across numerous industries, with many online businesses accepting digital assets as payments for different online purchases. As a result, cryptocurrency can be used to buy almost anything at any time, making it a valuable gift to offer anyone.
A Valuable Investment
Gifts should be valuable to the recipient, and cryptocurrency can be used as an investment tool and a medium of exchange. As a result, it makes a fantastic gift because its value can increase over time and be used to shop at various stores that accept cryptocurrency payments.
It Can't Be Out-Of-Stock
Unlike conventional gift items such as video game consoles, care packages, beauty products, and so on that can be out of stock or sales ended for the specific item you need, cryptocurrency is never out of stock. There are numerous cryptocurrency assets to choose from as a gift item, making it never have a shortage or out-of-stock situation. It is an excellent gift for friends and family because you won't have to worry about the asset going out of stock.
Ways to Gift Cryptocurrency to Friends and Family
Before we get into the many ways of gifting Bitcoin to friends and family, it is crucial to understand that the recipient, friends, family, or anyone deserving of the gift must have a crypto wallet to accept the crypto asset transferred to them. As a result, in addition to providing cryptocurrency as a valuable gift to friends and family, you're also teaching them about cryptocurrencies and blockchain technology. So, the following are ways to gift cryptocurrency to friends and family.
Coin or Token
You can present numerous cryptocurrency tokens with real-world uses as a gift. Anyone would appreciate a crypto token with growth potential, whether the recipient is a complete novice or has past knowledge of cryptocurrency. Once you've decided on the token to offer, you may transfer it directly to your recipient, with the token's value immediately reflected. Following that, recipients can keep or withdraw their tokens in fiat currency.
On the other hand, you can physically give them the present of Bitcoin in the form of a paper wallet or a hardware wallet. The private and public keys are saved on the unique paper wallet, usually in a QR code that the recipient can scan to access the crypto asset. Similarly, receivers of hardware wallets can access their crypto gift after logging into the wallet program. However, the issue with paper and hardware wallets is that they are difficult to use for a recipient unfamiliar with cryptocurrency.
Non-fungible Tokens (NFTs)
NFTs are excellent gifts for everyone, whether they are new to cryptocurrencies or have some expertise. The process is comparable to transferring cryptocurrency from an exchange to a user's wallet. So, to use NFT as a gift to anyone, they must use an NFT-compatible crypto wallet or an NFT marketplace. NFTs have been a big trend since 2020, in which people buy portions of a collection to become club members, such as the Bored Apes Yacht Club (BAYC) NFT, Crypto Punks NFT Collections, and so on.
NFT gifts can also take the shape of in-game assets for Play-to-Earn games, in which recipients receive prizes for playing virtual games, making NFTs a cryptocurrency gift that can provide an unforgettable experience while simultaneously serving as a valued asset.
Crypto Gift Card
Crypto Gift Cards work similarly to traditional gift cards in that they can be redeemed for cash or used to make online purchases; Binance, Coinbase, and other exchanges are among the top organizations that allow the production of gift cards. If you want to gift friends and family a valuable item they would appreciate, you could create a virtual gift card on enabled exchanges and send it to them. While they must register an account with the specific exchange to use or redeem the card, their curiosity may increase during the process, and they may learn a few new things about cryptocurrency trading.
On the other hand, cryptocurrency platforms like Cwallet allow you to give cryptocurrency to anyone, even without a crypto wallet. You can help your friends and family receive their first crypto assets using Cwallet by using easy bot commands on Twitter, Telegram, and Discord.
How to Gift Friends and Family Cryptocurrency With Cwallet
Cwallet allows you to give your loved ones any crypto asset. And, unlike other crypto wallets that require your recipient to have a crypto wallet to receive their crypto gift, Cwallet allows you to send cryptocurrency to anyone, even if they do not have a crypto wallet.
All you have to do is deposit some cryptocurrency into your Cwallet account and immediately use the bot command options on Twitter, Telegram, or Discord to give cryptocurrency to your friends and family.
For example, regardless of whether Elon Musk has already registered an account, a simple tweet like "@Cwallet com Tip 0.5 BTC @Elonmusk" will instantly give him 0.5 Bitcoin. Elon Musk only needs to go to the Cwallet website, sign in using his Twitter account, and instantly access his Bitcoin, which he can withdraw or exchange for other tokens for free; EASY AND STRAIGHTFORWARD!
Similarly, you can use Telegram or Discord to send Bitcoin to anyone with easy commands, making it simple for them to get their first crypto wallet if they are a beginner or a different wallet with interesting features if they are an experienced user. To send your cryptocurrency gift via Telegram, invite the Cwallet bot (@Cctip bot) and send it to a single or several recipients, depending on your request.
Check out the Cwallet bot commands for Twitter, Discord, and Telegram to easily give cryptocurrency to your friends and family.
Conclusion
Gifting is lovely, and everyone enjoys receiving gifts, especially when it is highly valuable. Giving cryptocurrency to friends and family is a great approach to educating them about blockchain technology and decentralization.
So, what are you waiting for? Start sending cryptocurrency as gifts to your friends and family using Cwallet and enjoy zero charges on any deposits, withdrawals, and token swap fees.
