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Bitcoin Stocking Stuffers? Cash App Rolls Out BTC Gifting Feature for the Holidays

Holiday consumers now have the choice of gifting somewhat little bit of Bitcoin (BTC) to their family and friends.

Cash App has rolled out a brand new gifting characteristic for Bitcoin and shares, in response to an announcement on Twitter.

Says the cellular fee service,

“With Cash App, now you can ship as little as $1 in inventory or Bitcoin. It’s as simple as sending money, and also you don’t have to personal inventory or Bitcoin to reward it.

So this vacation season, overlook the scented candles or novelty seashore towel, and assist your cousin begin investing.”

A current survey revealed by crypto monetary companies agency BlockFi survey indicated one in 10 Americans deliberate to reward crypto this vacation season. However, lower than 25% of the survey’s respondents mentioned they really knew tips on how to give crypto as a gift.

In phrases of the respondents’ preferences for each giving and receiving crypto, 75% named Bitcoin as their crypto asset of selection, adopted by Dogecoin (DOGE) after which Ethereum (ETH).

One in 4 of the survey’s respondents additionally mentioned they deliberate to buy crypto subsequent 12 months.

BlockFi surveyed 1,262 female and male US residents between the ages of 18 and 65, between October nineteenth and October twenty sixth.

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Disclaimer: Opinions expressed at The Daily Hodl should not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your duty. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please be aware that The Daily Hodl participates in internet affiliate marketing.

Featured Image: Shutterstock/Bryan Vectorartist/Chuenmanuse

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