How to Give Bitcoin or Ethereum as a Christmas Gift?… The Easiest and Safest Way

Source: DigitalToday Original Title: How to Give Bitcoin and Ethereum as Christmas Gifts? The Easiest and Safest Methods Original Link:

As of the end of 2025, there are more than 27 million cryptocurrencies circulating in the market, so choosing one is not an easy task. If you are considering giving cryptocurrency as a Christmas gift this year, it’s important to understand the safest and most efficient methods.

There is no universally “best” coin, as cryptocurrencies differ in purpose, launch date, and adoption level. However, it is generally appropriate to select verified assets ranked at the top of platforms like CoinMarketCap or CoinGecko, such as Bitcoin (BTC) or Ethereum (ETH). These coins boast a long trading history, the largest communities, and high visibility. They are also widely supported by cryptocurrency exchanges and wallet apps, making them easy to manage for beginners. On the other hand, newly launched low-priced coins tend to be highly volatile and challenging for beginners to manage.

In particular, cryptocurrency gift cards and dedicated vouchers are easy-access options for beginners. These function like regular gift certificates but guarantee a specific cryptocurrency value. The purchaser buys a digital code or physical card for a set amount, and the recipient enters this code on a website or app to receive the cryptocurrency. This method is convenient because it allows you to give cryptocurrency as a gift without wallet setup or complicated transactions.

If the gift is intended for long-term storage, a hardware wallet can reduce security risks. A hardware wallet stores private keys offline to prevent hacking and malware attacks, and there are two ways to present it. One is to preload the cryptocurrency onto the device, and the other is to gift it unopened and help the recipient set it up themselves. The latter is safer, and only the recipient should know the recovery phrase (seed phrase). Hardware wallets vary by model in terms of features, price, and supported assets, ranging from budget models that only support Bitcoin to high-end models with multi-asset support, screens, and PIN functionality.

NFTs (Non-Fungible Tokens) can also be considered as gift options. NFTs are digital assets uniquely recorded on the blockchain, and unlike regular cryptocurrencies, they provide scarcity and artistic value. However, they are only suitable if the recipient understands NFTs or prefers direct trading.

For recipients familiar with cryptocurrency, you can also send assets directly via exchanges or self-custody wallets. However, this method requires the recipient to have a wallet, and if you send assets to the wrong address, recovery is impossible.

The recipient must select the “receive” or “deposit” option in their wallet to generate a public wallet address. The sender then selects “send” or “withdraw” in their own wallet or exchange, enters the recipient’s address, checks the network fee, and broadcasts the transaction to the blockchain. If you choose this method, verify the address, and it’s advisable to send a small test amount before transferring the full amount.

Since cryptocurrencies are volatile assets whose value can plummet, it’s better to present them as gifts with personal significance rather than for financial gain, and you should clearly inform the recipient of this fact. Unlike traditional banking systems, the responsibility for cryptocurrency security lies entirely with the recipient, and the seed phrase should never be shared with anyone.

Cryptocurrency tax laws vary greatly by country, so recipients should always consult a local tax expert. Generally, gifting or transferring ownership of cryptocurrency is not immediately taxable, but in the United States, gifts over $19,000 per recipient per year, or profits from selling or trading assets, are subject to taxation.