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    Must-Have Crypto Presents for the 2020 Holiday Season

    This year, gifting crypto-related items is bound to be trendy. If you want to find the perfect present for a crypto enthusiast, check out this array of gift ideas that will delight any digital currency fan.
    William M. Peaster By No Comments 7 Mins Read
    Crypto Gifts

    With the crypto market gaining momentum after a lull, it's perfect timing to shop for holiday gifts in 2020.

    Crypto-themed presents are definitely a hot topic this year. If you're keen on exploring this gift route, here are suggestions that could delight any crypto lover.

    Keeping It Simple? Try Crypto Socks

    Know a crypto buff but not much else?

    Crypto-themed socks would undoubtedly bring joy, plus their compact size makes them great for stocking stuffers. Check out the unique designs from crypto merchandise brands. Kryptoez if you need a place to get started.

    Image via Kryptoez

    Top Crypto Books

    Should you have a cryptocurrency enthusiast close to you, they're probably keen on boosting their crypto knowledge. Here's a selection of books I suggest for any Bitcoin and Ethereum aficionado.

    Bitcoin :

    Ethereum:

    You Can't Miss with Hardware Wallets

    Hardware wallets consistently make the list of top holiday gifts for crypto fans. They remain the go-to secure method to safeguard digital assets, especially for standard users.

    Even if your friend already owns one, it's wise to have an additional hardware wallet on hand. Look into these popular models:

    Ledger

    Trezor

    Alternatives

    An Axie Infinity Starter Team

    A standout in Ethereum's bustling year has been the non-fungible token (NFT) domain, thriving with blockchain artistry, gaming trinkets, virtual landscapes, and further.

    In the gaming realm, Axie Infinity emerged as a frontrunner in Ethereum's NFT scene, celebrated for its prominence and heavy DApp utility on Ethereum.

    Consider a special 2020 crypto gift by presenting an Axie Infinity starter squad, which comprises three Axies at its minimum.

    https://twitter.com/AxieInfinity/status/1333121405492322305

    Thinking of acquiring a beginner's team for friends or loved ones this season? Here's the procedure:

    1. Buy or set aside around $100 worth of ETH. Since it takes 3 Axies to start a team, and the Axie floor price is 0.05 ETH right now, or $28 each at ETH’s current exchange rate of $552. A small amount of that ETH will be used to pay (i.e. as gas) for your marketplace transactions, too.
    2. Head to the 'Axie' section within either 1) the flagship Axie Marketplace , or 2) OpenSea’s Axie Infinity Marketplace . Adjust your filters to 'Lowest Price' for the best bargains.
    3. Select three preferred Axies, and finalize each purchase through the 'Buy Now' procedure.
    Image via OpenSea

    Once acquired, you can safeguard the Axies for the recipient or establish a wallet for transferring the NFTs. For top-notch security, hardware wallets are optimal, but a browser-based wallet like MetaMask also works well.

    NFT Art

    Having made waves early on in Ethereum's NFT gaming, Axie Infinity, aside from gaming, has paved the way for the burgeoning fine art segment—cryptoart or exclusive digital creations.

    With that in mind, presenting an NFT piece of artwork to a crypto-savvy individual can be a thoughtful and premium gesture.

    Notably, the NFT sector is still carving its niche within the crypto economy, making it likely you'll be introducing your friend to their premier piece of crypto art—an act they'll cherish and remember! Besides, this is a gift that could appreciate in value with resale opportunities or be proudly exhibited in digital spaces like Cryptovoxels or Decentraland.

    Excitingly, crypto art is attainable across various budgets, so extravagant spending isn't necessary to secure an impressive piece. If intrigued by such a gifting thought, make sure to peruse these notable platforms:

    Token Tax

    As the festive season rolls in, the perennial question among crypto circles is, \"How are you managing your taxes this time?\"

    That's due to the persistent uncertainties surrounding crypto taxation, especially within the current U.S. framework. The fiscal year's complexity further evolved in 2020 with new sectors like DeFi and NFTs experiencing explosive growth.

    It's unsurprising, then, that even seasoned crypto veterans find crypto taxes nerve-racking. Consequently, a considerate gift for a keen crypto or DeFi participant might be a membership to TokenTax a tax assistance service focused on users immersed in advanced economic activities within the crypto sphere.

    TokenTax offers a basic $65-a-year membership. The premium option, costing $199 annually, effortlessly tracks DeFi movements. These gifts are tailored to frequent crypto utilizers.

    Nodl One for Bitcoin

    Nodl One , dubbed the 'Personal Bitcoin Assistant,' is an all-encompassing Bitcoin gadget, equipped to handle a full Bitcoin node, a Lightning Network node, Tor, and more.

    Image via nodl.it

    If you're eager to elevate a loved BTC enthusiast's experiences, Nodl One makes an impressive gift!

    DAppNode for Ethereum

    Analogous to the Nodl One for Bitcoin, the DAppNode is a comprehensive Ethereum hardware solution.

    Image via DAppNode

    Specifically, the “plug and play” device allows you to easily run your own Ethereum node, Eth2 software, and more. The starter model, the DAppNodeMini, goes for $575 presently.

    To Gift Crypto Assets or Not? Things to Ponder

    Veterans in digital currencies likely possess stories about introducing friends to crypto, yielding varying degrees of interest.

    Indeed, it's not uncommon for recipients to misplace their gifted wallet passwords or keys, leading to a permanent loss of crypto.

    Thus, consider gifting crypto on a case-by-case basis. Avoid it if you feel the recipient might not fully appreciate it. If inclined, offer only a nominal amount and prefer user-friendly wallets like Argent, which include recovery options!

    Alternatively, think of indirect crypto gifting strategies. Recently, a community member unveiled a festival NFT card, exchangeable for tickets to the Ethereum 'no-loss lotto' PoolTogether savings game.

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    William M. Peaster, an esteemed writer, and editor with deep expertise in Ethereum, Dai, and Bitcoin, frequently contributes to Blockonomi, Binance Academy, and Bitsonline. He is passionate about tracking smart contracts, DAOs, dApps, and the Lightning Network, and he's learning Solidity! Connect on Telegram at @wmpeaster.

    ” – Matt Leising

    Ledger Ledger Nano S

    Trezor Model T

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