Binance.US, a popular cryptocurrency exchange, has introduced a new feature that allows users to gift cryptocurrencies to their loved ones. The feature is called Crypto Box and it enables users to gift a wide range of cryptocurrencies, including the popular canine-themed digital assets such as Shiba Inu (SHIB), Floki Inu (FLOKI), and Dogecoin (DOGE), without incurring any transaction fees.
Gift what excites you.
Surprise your friends or loved ones with the gift of #crypto!
— Binance.US 🇺🇸 (@BinanceUS) May 11, 2023
Binance Now Allows Shiba Inu Gift
The move comes as cryptocurrencies continue to gain mainstream adoption and more people become interested in investing in digital assets. Binance.US hopes that the Crypto Box feature will make it easier for users to share their enthusiasm for cryptocurrencies with their friends and family.
To use the Crypto Box feature, users simply need to select the cryptocurrency they want to gift, enter the recipient’s email address, and write a personalized message. The recipient will then receive an email with instructions on how to claim their gifted cryptocurrency.
One of the main advantages of using Crypto Box is that users can avoid transaction fees. When sending cryptocurrencies directly from their wallets, users often have to pay transaction fees to miners to process their transactions. With Crypto Box, Binance.US covers the transaction fees, making it a more cost-effective way to send cryptocurrencies.
Another advantage of using Crypto Box is that users can introduce their loved ones to new cryptocurrencies. For example, if a user is a big fan of Shiba Inu and wants to introduce their friend to the cryptocurrency, they can use Crypto Box to gift them some SHIB without the friend having to go through the hassle of setting up a wallet and buying the cryptocurrency.