

The email also includes a digital card featuring "crypto-minded artwork." There are no fees beyond the cost of the cryptocurrency you are gifting.
#What is coinbase app how to#
The email contains directions about how to set up a Coinbase account and claim the gift. The new gifting feature allows you to send five different assets - bitcoin, ether, litecoin, bitcoin cash, stellar lumen - to anyone, including people who don't yet have a Coinbase account. On the menu on the left side of the screen, select "send a gift." Starting today, you'll be able to access the gift feature on the company's app and website. To send cryptocurrency as a gift, you'll need a Coinbase account. And regardless of how you give the gift, it's worthwhile to provide your recipient with a disclaimer: The world of cryptocurrency can be a wild place where scams and misinformation are common. Those will require more technical know-how. There are other ways to give cryptocurrency as a gift without using a centralized exchange and financial app. Coinbase later unveiled a similar feature, making it easy for account holders to send bitcoin, ether and several other cryptocurrencies to anyone with an email address - regardless of whether they already have a Coinbase account.

In March, Cash App debuted a new feature that made it possible for users to send bitcoin to anyone with a phone number or email address.
