Money & Banking

Crypto exchanges launch crypto gift cards

Our Bureau | | | Updated on: Nov 05, 2021

An advertisement for crypto exchange shows a Bitcoin symbol at Mass Transit Railway (MTR) station, in Hong Kong, China. October 27, 2021. REUTERS/Tyrone Siu | Photo Credit: Tyrone Siu

CrossTower has also introduced an e-gift card feature that allows its users to gift cryptocurrencies of their choice to friends and families

Amidst rising investor interest, cryptocurrency exchanges have launched crypto gift cards as an alternative to traditional gifts like sweets given on Diwali and other festive occassions.

Bitbns has launched exclusive crypto gift cards.

“These gift cards will be available in multiple cryptocurrency options like Bitcoin, Ethereum and many more,” it said in a statement.

Starting on November 4, anyone can avail of the benefits of the crypto gift cards irrespective of whether they invest or trade in cryptocurrency, it said.

CrossTower

Similarly, CrossTower has also introduced an e-gift card feature that allows its users to gift cryptocurrencies of their choice to friends and families.

“Indian users can create a personalised gift card by adding their preferred cryptocurrency from CrossTower wallet, to generate a unique card ready for sharing,” it said.

Users receiving the e-gift card can redeem it at the CrossTower India App (Application) by sharing the voucher link in the ‘Redeem’ section, after registering with the platform. The cryptocurrency will be automatically updated in their CrossTower wallet.

Published on November 05, 2021
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