Give the Gift of Crypto This Christmas
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Give the Gift of Crypto This Christmas

Created 8mo ago, last updated 8mo ago

According to code discovered by Bloomberg, Robinhood may be offering crypto gift cards on its platform.

Give the Gift of Crypto This Christmas

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Robinhood is reportedly planning to allow its users to send cryptocurrency as a gift to their loved ones.

According to Bloomberg, lines of code discovered in a beta version of the trading platform's iPhone app have offered clues to what's in store.

The article indicates that digital gift cards will be offered, giving the sender a chance to write a message up to 180 characters in length.

And given that a staggering number of gift cards go unredeemed every year, there also appears to be a clever feature: users will be able to retrieve their crypto if it isn't claimed by the recipient.

Robinhood has remained tightlipped on the rumors, and has refused to comment. It's unclear exactly when the feature would launch too — and whether it'll be live ahead of the all-important Christmas period.

As Bloomberg notes, code within the trading platform's beta app regularly offers insights into the features that are in the pipeline. They include the ability to invest spare change in stocks and digital assets, and an "Early Direct Deposit" functionality that enables users to receive their paychecks two days early.

Crypto as a Gift

Cryptocurrencies have punched through into the mainstream this year — making them an increasingly popular Christmas gift.

And with a countless number of big brands releasing their own non-fungible tokens, we could see a flurry of confused faces on Christmas morning as they receive a digital collectible.

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The sheer volume of collections means there's something for everyone, from digitized versions of Big Macs to tokenized photographs commemorating some of the biggest moments from the 1900s. Sports fans are also spoiled for choice — and NBA Top Shot, which offers iconic "moments" from basketball games that have gone down in history.

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