What is Bitcoin?

Bitcoin is a cryptocurrency and worldwide payment system - the first decentralised digital currency.

You've probably heard a lot of people talking about it recently, but it's actually been around since 2009 when it was invented by an unknown person (or group of people - no one really knows) under the name Satoshi Nakamoto.

It works without a central bank or single administrator, instead using a public distributed ledger called a blockchain. There are other cryptocurrencies but bitcoin is the most valuable and well known of them all.

In the last few months of 2017, bitcoin increased in value significantly.

Many millionaires have been made around the world from those who invested in bitcoin in the last few years, and the media are starting to really pay attention. The price is highly volatile, meaning there's always news to talk about - with some saying bitcoin is the currency of the future, and others saying today's price is a bubble and bitcoin will be eventually worthless. Those who argue the former usually have some bitcoin, and those who argue the latter either don't, or sold theirs at a low value.

Bitcoin is finally getting mainstream recognition, and you might have thought about buying some just to see what it's all about - but it's actually very hard to buy.



Why is everyone talking about bitcoin now?

What is Bitcoin?

Why buy vouchers?

Bitcoin is still a very new form of currency, so the systems and tools are pretty confusing - and slow. It involves codes, wallets, exchanges, challenging verification, highly volatile prices, anonymous sellers, and quite often rejected payments, crashed computer screens and even people losing access to their bitcoin once they've bought it.


If you get frustrated with your online banking, you'll find the cryptocurrency ecosystem impossible... Especially if you just want to buy a little bit as a gift.

Why did you start Give Coin Gifts?

We had the same problem as you! We thought a bit of bitcoin would make a cool present one Christmas, but there was no easy way to buy it. A gift voucher makes a lot of sense because the recipient needs to learn about bitcoin as well as own it, and a voucher with help setting up seemed like a great idea. We couldn't believe no one else had done it, so we created Give Coin Gifts.


Ultimately, we believe that giving cryptocurrency should be quick, and fun. Maybe your gift will be worth millions of pounds in a year, or maybe it'll be worthless. But that's the fun! Gifting bitcoin is about the emotional ups and downs of the journey, in being part of the bitcoin conversation happening around the world, and in learning about the cutting edge where technology meets the future of money.

How do Give Coin Gift vouchers work?

Each voucher purchase includes:

  • A hand-designed gift voucher letting the recipient know they are the proud new owner of some bitcoin! You can print or email the voucher making it the ideal last-minute gift

  • We invest the amount you have selected into Bitcoin as quickly as we can - see below for timescales. The value of your gift will go up and down over time, so the value will change almost immediately. We do everything we can to buy your bitcoin at the best price.

Once we've received your payment, you'll get via email:

  • Confirmation of voucher purchase - instant

  • Your gift voucher to print or email - instant

  • Your unique gift voucher code - approx 24 hours

We hold the bitcoin you've purchased on behalf of your gift voucher recipient until they redeem it. We'll help them get set up with a wallet (needed to keep any cryptocurrency) and then transfer their bitcoin to them safely. All the details about this are sent to them directly.

How can I buy Give Coin Gift vouchers?

Simply choose your gift voucher from the options below!

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Why does it take 24 hours to buy Bitcoin?

Often it's takes less than 24 hours, but sometimes it takes a bit more. This is because buying bitcoin is very long-winded. It isn't like getting cash from an ATM!

Sometimes when the price is volatile it can take longer than usual to buy but we'll always do out best to make sure we buy at the best price so your voucher is the best value possible.

This is why we send your gift voucher instantly, so you can give your voucher ASAP regardless of what the bitcoin market is doing.

I have another question

You can email us - hello@givecoingifts.com

Can I get a refund if bitcoin prices fall?

No, we don't do refunds under any circumstances.