Gifting crypto to loved ones this holiday? Educate them first

imageCryptocurrency1 hour ago (Dec 24, 2020 02:40PM ET)

Gifting crypto to loved ones this holiday? Educate them first

The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance recently found that 101 million people across the globe currently hold Bitcoin and other digital assets. The report states that in 2018, findings estimated the number of identity-verified digital asset users to be about 35 million globally.

With such growth underway, it shouldn’t come as a surprise that crypto holders would get the idea of gifting cryptocurrency this holiday season. Social distancing requirements amid the pandemic have led to virtual holiday gatherings and digital gifts being sent across various geographies.

Education comes first

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Gifting crypto to loved ones this holiday? Educate them first

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