Why not make a unique and unforgettable gift this year that could be worth it in the future instead of buying fancy candles or another pair of socks?
After all, Bitcoin has had an average annual growth rate of 200% for the past 10 years. So if you had spent $ 100 buying bitcoin for your friend two years ago instead of buying another gift, that bitcoin gift would now be worth around $ 1,400.
So how can you give away Bitcoin during the holidays? It’s that easy:
Buy bitcoin in Canada
To give Bitcoin (BTC) as a gift, you must first buy Bitcoin for yourself and then transfer it to friends and family.
Netcoins makes buying Bitcoin and other cryptocurrencies in Canada easy and quick. They are also Canada’s first fully regulated publicly owned crypto trading platform.
Being fully regulated means everything from how netcoins work, to storing funds and collecting fees, is reviewed and approved by Canadian regulators.
To buy BTC, you start by creating a Netcoins account, getting verified, and depositing Canadian dollars via e-transfer. One of the advantages of buying BTC with Netcoins is that there are no funding fees.
Once the funds are in your account, simply click the “BUY” button, select “Bitcoin” and enter the amount you wish to buy. They can even buy $ 10 worth of it!
Do you want to buy another cryptocurrency? No problem. Netcoins offers a wide variety of cryptocurrencies to choose from.
Send and give away Bitcoin to friends and family
Netcoins offers two ways to give away Bitcoin:
Option 1: Buy Bitcoin and send it to a Bitcoin wallet
If your friend has a Bitcoin hardware wallet (similar to a USB drive), you can buy Bitcoin and send it directly to their hardware wallet.
To do this, log into your Netcoins account, click on “Withdraw” and then on “Send crypto”. Select Bitcoin, enter the amount you want to send and add your friend’s wallet address (your friend will need to give you their wallet address).
Option 2: Buy Bitcoin and send it to another Netcoins account
If your friend is new to crypto, they may prefer to store their bitcoins on the Netcoins platform (for a short time).
In order to receive Bitcoin, your friend or family member must create a Netcoins account. As soon as the account is opened and verified, click on “FUND” and then on “Deposit crypto”. From here they will collect their Netcoins wallet address to give you. You then send Bitcoin to this address.
It really is that easy to give away crypto this year.
To start buying Bitcoin or other cryptocurrencies for your friends and family, visit Netcoins.ca to get started.
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