How to Safely Gift Crypto This Christmas (2025 Guide)

When gifting cryptocurrency, especially to beginners, it is recommended to stick to established, highly-rated coins like Bitcoin or Ether due to their stability and wider support. For maximum user-friendliness, crypto gift cards or vouchers allow recipients to redeem a fixed cash value for crypto without needing to manage complex wallets or recovery phrases initially. For larger, long-term gifts, hardware wallets offer superior security by keeping private keys offline; the safest method is gifting the unopened device so the recipient controls the crucial recovery phrase. Alternatively, savvy recipients can receive direct transfers via exchanges or software wallets, though this requires careful verification of wallet addresses. Gifting crypto carries volatility risks, and recipients must safeguard their seed phrases. Tax implications vary globally, but generally, gifting below annual exclusion limits (like $19,000 in the US for 2025) is not an immediate taxable event; tax liability usually arises when the recipient later sells the asset for a profit.

(Source：Cointelegraph)