Each person who receives cryptocurrency becomes a member of a community that already numbers in the millions, with common goals, interests and plans. But how do you find the right gift for the cryptocurrency enthusiast in your life when the holidays come around?

It’s no secret that people struggle to choose gifts when they want to meet someone else’s expectations. This holiday season, Cointelegraph has put together a list of crypto gifts that crypto scammers will appreciate.

encryption
It may sound very simple, but it can be difficult to find someone who would refuse investments of great value. One option for a gift this holiday season is the gift of cryptocurrency.

But how do you gift a cryptocurrency to the lucky recipient? Here are some ways:

Direct wallet transfer is the easiest option. If this is done right on Christmas Eve, then the surprise will turn out well. The problem is that the recipient must have a wallet, and the sender must know their address for the transfer, so this method may not be suitable for everyone.

hot wallet. Since no personal data is required to create a software-based hot wallet, gift-givers can easily create a wallet, deposit the necessary crypto and transfer it to the recipient.

cold wallet. A cold wallet is a physical device similar to a thumb drive that stores your cryptocurrency. It is considered the most secure way to store cryptocurrencies as it offers offline storage without an internet connection. To make a transaction, the user must have a personal computer or smartphone and a hardware wallet.

As a gift, this is a great choice; It can be beautifully presented and made as a surprise. The only thing is that the bidder will have to spend money not only on cryptocurrency but also on the carrier.

Paper wallet. This is a subtype of cold wallet because all data refers to physical storage. The user must create a wallet on bitaddress.org (no data is required for this). After that, they receive two QR codes: one is the wallet address and the second is a private key for transfers. The presenter can simply copy the codes electronically or print multiple copies. It is very important not to lose these tokens because without them, the recipient cannot access the wallet.

bitcoin
BTC

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$16,835

Or any other cryptocurrency that does not need a physical form like coins made of precious metals, but this did not prevent some companies from starting to produce such currencies. Companies like the Denarium Project produce Bitcoin wallets with private keys in gold and silver inside.

Nowhere without NFT
The hype around non-fungible tokens (NFT) died down, but it wasn’t a result of the NFT technology itself. The problem is that the scope of NFTs is much broader than just digital art, and the hype in 2021 has created a strong association between NFTs and machine-generated graphics in the minds of mass audiences.

Related: NFT Platforms: Going beyond marketplaces to deliver unique content

Basically, NFT is a blockchain-based certification system that can be used in many areas: transportation, real estate, finance, and more. In addition to crypto-art, there is a wide range of digital items related to cryptocurrencies that can be bought or sold. NFTs range from collectible assets to items that can be used in video games, including even a virtual plot of land in a digital world like Decentraland.

The wide range of items that NFTs represent means that you have plenty of options for gifts.

real iron
One of the popular gifts for crypto enthusiasts are mining computers.

The most popular mining rigs are Application Specific Integrated Circuits, or ASICs. But of course, this is not cheap. The most powerful S 19 XP made by Bitmain costs more than $6,000, but there are also smaller models that cost half that price.

Another solution is the Coinmine console. This is a device for mining several currencies at once, such as Dash
dash

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$43

, ether
ETH

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$1,218

and Monero (XMR), which looks like an Xbox game console. CoinmineOne model costs around $700.

price index
Checking cryptocurrency prices can be a tedious task, as they can change every minute, but a useful device called a price indicator can be a great solution for any crypto trader. These devices can be set up with WiFi and will display the latest coin prices. The indicators can display the prices of multiple currencies, use different colors for each asset, and have an easy-to-view interface for traders.

the written word
One of the best gifts for someone who is actively investing in cryptocurrencies is a book that provides a detailed and balanced look at digital assets. Anthony Lewis’s book Bitcoin and Blockchain Basics: An Introduction to Cryptocurrency and the Technology That Supports It is one such option. It provides readers with a detailed overview of how the cryptocurrency market works and the technologies behind it.

Camila Russo’s Infinite Machine: How an Army of Crypto Hackers Are Building the Next Internet Using Ethereum is another option, as it describes

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