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Gifting crypto this holiday season? What experts say to know first

Gifting crypto this holiday season? What experts say to know first

Forget toys and collectibles, crypto might be a hot ticket item this holiday season.

In the U.S. 45% of Gen Z adults aged 18 to 28 said they would be excited to receive cryptocurrency as a holiday gift this year, according to a global survey of 1,000 adults conducted by payment technology company Visa in October.

How wise it is to gift crypto is a separate matter, and the expert advice varies.

Given how volatile and speculative cryptocurrencies are, they can be risky and are ill-advised if you’re looking to gift an asset that will grow in value, says Flavio Landivar, a certified financial planner and senior financial advisor at Evensky and Katz/Foldes Wealth Management in Coral Gables, Florida.

Unlike publicly traded stocks or…

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