How to Give Bitcoin as a Gift ?

Finance Tech

Gift-giving is a wonderful way to appreciate loved ones and people you value, and it’s even better when you have the right gift in mind. The key to perfect gifting is value. Your gift needs to show that you value the receiver. What’s a better way to do this than offering them Bitcoin, the most valuable cryptocurrency in the world ? 

Whether you have a Bitcoin wallet or not, you can still gift Bitcoins to someone. The steps below will teach you how to give Bitcoin as a gift to your loved ones. 

 1. Consider Using Hardware Wallets 

Said to be the most secure way of storing Bitcoins, hardware wallets are valuable gifts to send your loved ones. Just like hardware devices, these are tangible. The difference is that they can be used in storing digital assets and carrying out transactions with virtual currency. You can buy a hardware wallet, load it with Bitcoins, and give it out.

Hardware wallets are not connected to the Internet 24/7, so you can be sure that your gift is safe. First, set up the wallet, and transfer your gift into it. If you don’t already have Bitcoins, then you can buy, and load the hardware wallet.

 2. Try Sending it in Paper Wallets 

Here, all the details your giftee would need to get access to the coins you have sent them, are printed out on paper, and all they have to do is use the details. All you have to do is create a paper wallet on any supported site, transfer some Bitcoins into the wallet, print out the wallet, and your gift is ready.Alternatively, you can make your gift even more special by creating your card, then copy out the details into the personalized card, and your gift is ready.

 3. Use Good Old Gift Cards 

You can gift Bitcoin gift cards almost the same way as normal gift cards, and they work similarly. You need to choose the number of Bitcoins you want to send, fill out the form for your order, pay for the gift cards, and that’s it. After completing these steps, the Bitcoin voucher or gift card will be sent to the address of your giftee.

Also check– Cryptocurrency news

Your loved ones can redeem these Bitcoin gift cards at any time they want, at the rate of exchange at said time. This means that the value of your gift could increase based on the market trend as to when it will be redeemed.

 4. Swanky Physical Coins 

If you want a physical representation of your gift, you can go for buying physical Bitcoins and giving them out. This twofold gift is both artistic with its gold, silver, and brass variations, and extremely valuable in that the coins come in their special boxes, and with the details, your giftee needs to access the Bitcoins. Equipped with the wallet address where the funds are and the steps to accessing them safely, this gift is a sure winner.

Now you know how to give Bitcoin as a gift, and hopefully, your loved ones will appreciate your thoughtful and expensive gift. For more information about gifting Bitcoins and other cryptocurrencies, visit OSOM Finance.