• Cryptocurrencies as Christmas gifts from Coinbase

  • Exchange of cryptocurrencies This year, Coinbase is providing an innovative way to give Christmas gifts. The exchange has enabled the ability to send cryptocurrencies as gifts to friends and family, along with a personalized digital card.

    • Cryptocurrency as a Christmas present
    • Coinbase’s digital card
    Cryptocurrency as a Christmas present

    After purchasing cryptocurrencies, the donor simply enters the recipient’s email address into the service, which is accessible via both the web and the app.

    To use this system, simply select “Send a gift” on the site’s gifting page, and you can give over 100 cryptocurrencies to those who already have a Coinbase account, or 5 cryptocurrencies, including Bitcoin and Ethereum, to those who don’t.

    To redeem the gift, the recipient must have or create an account on the exchange.

    There are no additional fees to pay for this service, which allows the gift to be accompanied by a customizable card featuring original artwork from emerging artists.

    In reality, a cryptocurrency gift has the potential to increase in value over time if the recipient does not sell it right away, though it could also decrease in value.

    According to the exchange, this type of gift could also serve an educational purpose, such as convincing friends and family to learn more about cryptocurrencies, given that the tokens received as gifts can be used to start trading, spend the cryptocurrencies received, or hold them.

    Coinbase’s digital card

    All gifts made in this manner are delivered with a digital card featuring a one-of-a-kind work of art by four emerging artists.

    The first piece is “Andrius” by Magdiel Lopez, a Cuban artist who grew up surrounded by colorful culture.

    The second is “Robot Invasion” by David Krovblit, a Canadian visual artist living in California who creates images he considers lost in time, overlapping them to form whimsical pop culture collages.

    The third piece is Bored Ape Yacht Club #1644, a work from the iconic Bored Ape NFT collection of one-of-a-kind works generated programmatically from over 170 traits such as expression, fashion accessories, clothing, and more.

    The fourth piece is “Snow Days” by Rob Flowers, a British artist who uses humour in his work.

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