Since we're on the birthday topic with CoinMarketCap's 9th bday today, let's dive into the options of Crypto Gift Cards! 🎂 Find out how to give crypto to your loved ones and what are the best crypto gift card options available right now. 👇
has also become widespread as crypto investors who believe their value will keep rising have replaced gifting gold with cryptocurrencies.fiat money
if they want to and buy products or services online instead of holding the crypto. It’s certainly easier than trading physical gold for cash, for instance. By receiving the cryptocurrency, beneficiaries are also encouraged to hold the cryptocurrency and not incur a tax event until they sell it. Indeed, on a general basis, cryptocurrency gifts are not taxable events anywhere in the world as long as they remain within the annual gift tax exclusion threshold.have also become popular gifts in the last few months and can be transferred as a present if your loved ones are into digital arts.
It is easy to grant a cryptocurrency as a gift if the recipient is already a crypto investor and has access to a digital wallet, as you just need to transfer the asset from your wallet to theirs. However, there are now ways to package crypto gifts into lovely cards thanks to dedicated services that can help send them worldwide.Join us in showcasing the cryptocurrency revolution, one newsletter at a time.
Also, it’s worth remembering that gifters do not need to buy an entire coin, but a fraction of it will work.
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