Newbie question about gifting crypto

Discussion in 'Crypto Assets' started by dcwriter2, Dec 5, 2021.

  1. how do I give someone $50 in a Crypto currency in a USB stick? Haven't a clue where to start or go.
     
    johnarb likes this.
    • Christmas present?
    • That's a good idea. Instead of a $50 Starbucks card give $50 worth of Bitcoin on a USB drive.
     
  2. VicBee

    VicBee

    Great idea! I used to give a Scratcher to a friend for every year since their birth. Hit or miss.
     
  3. johnarb

    johnarb

    https://opendime.com/
     
  4. qlai

    qlai

  5. maxinger

    maxinger

    make sure the BTC price doesn't crash from 5 to 4 .... digits.

    If it crashes, you have to give another one or 2 USB sticks.
     
  6. send it to their wallet address
     
  7. You can't store crypto in a USB stick. Just give them the wallet address and private key to access the crypto.
     
  8. BKR88

    BKR88

    A bit expensive to gift $50. :)
    Costs ~$17 each ($50 for 3).
    One time use only. "You must destroy it to spend the funds."
     
    johnarb likes this.
  9. cravat

    cravat

    Gifting crypto is a great idea. I wish my friends were as thoughtful as the OP.
    You can store your crypto in a USB device like this:
    1. Install the crypto wallet of your choice on your computer. Make sure it allows cold storage features.
    2. Before plugging in the USB drive, disconnect the internet connection.
    3. Instal the cold wallet installer. Make a transaction and always protect it with secure passwords.
     
    #10     Dec 6, 2021
    johnarb likes this.