How do you gift a child a cryptocurrency?
Could you elaborate on the process of gifting a child cryptocurrency? Are there specific considerations that parents should make, such as age suitability, educational aspects, and security measures? Also, how does one choose a suitable cryptocurrency for such a gift? Are there any tax implications or legal requirements that need to be addressed? Furthermore, what are the potential risks and benefits of introducing children to cryptocurrencies at a young age? Could you provide some practical tips on how to safely and responsibly gift cryptocurrencies to children?