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    Home»Nerd Voices»NV Finance»How to Gift Crypto to Friends and Loved Ones
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    NV Finance

    How to Gift Crypto to Friends and Loved Ones

    Nerd VoicesBy Nerd VoicesJanuary 19, 20235 Mins Read
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    Okay are you paying attention— this is a really fun and simple way for a non-crypto person to give crypto to someone who is super into it. First find out what platform’s accounts they use to hold their some of their hot crypto accounts, okay?

    So say they keep some of their powder dry on Binance and Kraken exchanges. Then what you can do is find a crypto custody or wallet service like Coinbase or Metamask, get some crypto for them for a crypto gift, and then connect both accounts securely using Coinstats Coin Tracker and Portfolio Manager. It uses military grade security and has never had a breech.

    You can connect the accounts together yourself and transfer the crypto over, or just present your crypto lover with their crypto gift right on the Coinstats App and they can view their accounts and even execute orders all in one place.

    (Or if you don’t trust yourself to set it up right, you can just download the app for it to their phone or desktop and then get set on the couch or at the table to connect the accounts together.)

    That’s a really nice and fun way to give crypto as a gift, and if they’re super into crypto they will definitely appreciate that and have a lot of fun setting it up together with you to get their new crypto gift from you.

    Find Out Why They Like Crypto

    If you really want to impress them with their crypto gift, first talk to them about it and ask them what they like about crypto. What are they doing with crypto when they make their next move? Are they buying some, trading some, developing some, playing around with some?

    Depending on their answer to that question then you ask them this:

    Find Out What Crypto They Love The Most

    If they tell you they just buy and hold cryptocurrency when they find it is at a reasonable price in the market cycle for a long term store of value, then ask them, so your favorite is Bitcoin (BTC), right? Or is it— and then rattle off the other top bit pay / store of value coins after Bitcoin; they’ll be really impressed:

    • Litecoin (LTC)
    • Bitcoin Cash (BCH)
    • Bitcoin Satoshi’s Vision (BSV)
    • Dogecoin (DOGE)

    Or if they tell you they day trade cryptocurrencies, or every so often like to make arbitrage currency swaps to sell off an overbought coin to scoop profits and trade it for an oversold coin that’s in the bargain bin price department on the crypto exchanges that month—


    Then you ask them, so you accept BNB token? Or do you prefer Cronos (CRO)? Huobi Token (HT)? KuCoin token (KCS)? Do you like centralized or decentralized exchanges more? What would you use Uniswap token (UNI) to buy on Uniswap? What about PancakeSwap (CAKE)?

    Or if they tell you they like to write smart contract scripts or develop blockchain properties or do blockchain engineering— then you can ask them if they prefer to use Ethereum (ETH), Binance Smart Chain BSC (BNB), Polkadot (DOT), or what is their favorite base chain ecosystem to work in?

    It’s not just giving the crypto gift, it’s also taking the time to talk to them about something that they’re super excited about and listening, and showing a little knowledge and research that just shows you care. And that’s lots of fun too.

    Using Smart Contract Scripts You Can Make and Give the Nicest Crypto Gift to Your Crypto Obsessed Friend

    For more advanced handlers of cryptocurrency and computer programming scripts, a really nice and very fun way to give crypto as a gift is to use smart contract scripts to make a totally unique file on the blockchain for your friend and give them an NFT.

    That is in my opinion honestly the coolest thing you can do with the blockchain, is program it any way you can program a computer. It’s just a shared computer over a distributed network using a decentralized protocol and computer network architecture for usefulness, security, and profitability. The blockchain ecosystems are growing more rich in new entities, economies, singular opportunities, and ultimate possibilities every day.

    That is true of all the major blockchains out there that are running smart program scripts and growing in the number of new scripts, platforms, apps, files, and active daily users. They are finding very interesting and marvelous emergent effects of the power of these scripts all put together.

    Why not just decide anything you want and find a blockchain engineer to make an NFT of it, or make an NFT of it yourself? Think of anything you would like to give your loved one or friend as a gift, even something physical IRL, and then consider how you would make the smallest version of it possible, something that could live in cyberspace on the blockchain…

    Do You Want to Know More?

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