By Frank Martin (MoneyAmped.com)
With Christmas just around the corner, you might be looking for creative and unique gifts to surprise a crypto degen in your life. Don’t worry! We have shared eight gift ideas in this article that we believe you’ll love. Read on to learn more.
Buy Them Bitcoin
Bitcoin’s price has risen since the start of 2024 and is expected to go higher in 2025 when Donald Trump ascends to power. This makes the asset an ideal gift for a crypto fan. You can buy Bitcoin from any reliable trading platform like Coinbase or Binance and send it to the wallet address of someone you wish to gift.
Gift Them an NFT
While non-fungible tokens (NFTs) haven’t replicated their 2021 exceptional performance, they are still a worthy gift for people who like art.
For starters, NFTs are unique pieces of art stored on the blockchain. Some sell for millions, while others cost just a few dollars. The most expensive NFT (The Merge) traded for $91.8 million in 2021.
Like Bitcoin, NFTs are transferable onchain. Therefore, you can buy the token from an NFT platform like OpenSea and send it to the address of your loved one as a gift.
Gift Them a Web3 Hardware Wallet
While the bull market presents an opportunity to generate massive profits, it also attracts bad actors who want to steal from innocent investors. That said, storing your assets offline using hardware wallets to shield them against cyber criminals is advisable. So, when buying this type of wallet, you can consider getting one for a friend or family member.
Here are some recommended hardware wallets to buy as a gift:
Trezor Model T: It comes with three layers of protection: a user pin, recovery seed, and a passphrase functionality, making it one of the most secure hardware wallets. With Trezor Model T, you can store over 1,000 digital assets, including NFTs.
Ledger Nano X: To ensure only the user authorizes transactions, Ledger Nano X comes with the Secure Element feature. Furthermore, it is compatible with software wallets like MetaMask, making it easy to transfer assets. As of December 2024, Ledger Nano X lets users store about 1,100 crypto assets.
Purchase Books Covering Crypto Topics
If you want to onboard a novice friend to crypto, buying them books on blockchain technology and cryptocurrencies is a wise move. Here are a few to consider:
The Basics of Blockchain and Bitcoin by Antony Lewis: This book will help the reader learn how blockchain works and how it facilitates the creation of Bitcoin and other cryptocurrencies.
Crypto Investing for Dummies by Kiana Danial: For someone interested in trading or investing in crypto, then this book is a good read. You will learn how to identify crypto assets worth investing in and the various trading strategies.
The Bitcoin Standard by Saifedean Ammous: The person you gift this book will learn how Bitcoin is transforming the financial sector using blockchain technology.
Mastering Ethereum: Authored by Gavin Wood and Andres Antonopoulos, this book offers insights into Ethereum’s architecture and explains how decentralized apps and smart contracts function on that blockchain.
Give Them Crypto Gift Cards
Buying someone a crypto gift card is like giving them money. This card can be purchased from numerous platforms, including Binance, Coinbase, and Bitrefill. Your loved one can use it to pay for goods and services from merchants that accept crypto payments.
Gift Them Crypto Merchandise
It’s time to say goodbye to boring conventional gifts and get creative crypto-themed merchandise for your loved one this Christmas. From t-shirts to hoodies, mugs, socks, and more, you can buy any kind of crypto merch from online stores, which include Coin Bureau Store and Red Bubble.
Gift Them a Mining Rig
If money isn’t an issue for you, consider buying your loved one a mining rig that enables them to generate passive income.
With a mining rig, they can participate in validating transactions on a particular blockchain in exchange for block rewards.
