Yeah, this could be done if your grandmother had bought the bitcoin for Christmas each year rather than buying a pack of socks. This could be a smart move that every grandmother or granny could do. Can you even imagine that gifting 10 USD every year on Christmas for last 5 years would have become 750 USD? This is almost 1500% of clear gain. This is really insane!
Also, as per the recent data, bitcoin is profitable for almost 96.2% since it launched initially January of 2009. This means that if you will gift bitcoin to your loved one at specific point for last 12 years it will possibly be worth more. With such kind of appreciation of power of capital, it’s no wonder that people planned to gift bitcoin and different cryptocurrencies to friends and their families on this Christmas.
How to gift Crypto or Bitcoin?
While dealing with cryptocurrency might seem to be daunting process, as it is quite straightforward. The foremost thing that you are looking to do is to simply decide that cryptocurrency which you wish to send. For people who are gifting the new crypto users. It suggested to stick with the bitcoin or any other popular coins as it supported by various services and platforms.
If you are planning to send less coins from crypto catalog, it is quite worthy to use market capitalization platform. It is also suggest that these cryptocurrencies may not be available on various apps and exchanges.
What are Crypto exchanges? The Cryptocurrency exchanges are basically the trading platforms. It allow you to buy an extensive array of various cryptocurrencies or bitcoin that use the collection of fiat currency or cryptocurrencies. Few of the exchanges are also gear more towards the experienced traders. Though, others are buying cryptocurrency that are quite accessible to complete the novices.
