Thankfully, there are now more businesses and companies that accept crypto as a means of payment. Hence, spending digital currencies today is less of a hassle compared to the previous years.
Ways to Spend Crypto on Christmas Presents
Here are the best ways to spend crypto on Christmas presents this year!
Digital currencies like Bitcoin can be a perfect gift to present to your loved ones this coming Christmas. There have been several cases in the past where people received Bitcoin as a gift, and it paid off pretty well for those who HODLed following the progressive increase in the price. More people are now aware and invested in crypto, hence, the growth we see today in the market.
Bitcoin, especially, is seen as the darling crypto asset for institutions, and it’s predicted that the market will continue to grow. Getting a loved one something that they can appreciate in value in the future isn’t bad as a Christmas gift; besides, it will help them understand how crypto actually works.
You can present crypto through:
- Hardware wallets.
- Bitcoin gift cards.
- Paper wallet, etc.
Besides getting the actual crypto as a Christmas gift, you can also spend your cryptocurrency on industry-related merchandise like Bitcoin sweaters.
Buying video games or gaming consoles like the new PlayStation 5 is also a good idea, depending on the interest of the beneficiary. Video games or entertainment, in general, is one of the major ways to avoid becoming bored this coming holiday season, and so buying it using your cryptocurrency should be worth it. Interestingly, you can make the purchase online and there are now more businesses and merchants who are accepting crypto in exchange for gaming items.
Some of these platforms include G2A, Humble Bundle, Crypto Emporium, MMOGA, Xbox, etc.
Spending your cryptocurrency this Christmas on jewelry is a good idea as long as the type of jewelry is something he would consider wearing. In other words, it needs to be something you think fits his/her style and personality as well as complementing his current wardrobe.
The beneficiary will determine what kind of reaction they get from wearing this piece. If they like their accessories classic and timeless, then buying something that’s really sparkly with loads of diamonds would be the best choice. It all depends on your budget as well; if you can afford it, then go for an expensive piece, but if not, a more middle-of-the-road price would be sufficient.
The overall appreciation for this piece of jewelry depends on how it is worn. If someone wants to buy a ring for their mother, father, sister, or brother this Christmas, then the size and look of the ring, earring, necklace, wristwatch, etc., chosen will determine how much he/she would appreciate it.
Jewelry Affairs, Reeds, and Maison Birks are some of the stores that accept cryptocurrencies in exchange for jewelry.
Books and Movies
A fine gift for your family and friends is a gift of knowledge. When I was younger, there were so many times where I would be shopping for birthdays and Christmas and always felt like gifts had to be either practical or entertaining without any meaningful connection between the gift receiver and what they received.
Buying books or movies as Christmas presents can turn those everyday items into something meaningful and educational. A book on finance wouldn’t be bad as a Christmas present especially for someone who is struggling with money management. You can source for bookstores near that accept crypto using Cryptwerk.
Buying tech gadgets as a Christmas present is one of the most popular ways of spending these days, mainly among young people. But at the same time, it may be a way to express yourself or just an option to give something you know your friends and family will like. Here we have collected some really great ideas for all of you interested in purchasing a present that contains a tech gadget, especially popular ones among young people.
Some tech devices you can get for Christmas using crypto are:
- Wearable devices like bracelets
- Smart glasses
These items and more can be purchased from popular e-commerce platforms using your cryptocurrency, thanks to crypto payment gateways.