Where to buy one
The issuer landscape for Ethereum is thinner than for Bitcoin, and that shapes everything else on this page.
| Issuer | ETH available? | Chosen at | Account needed | Notes |
|---|---|---|---|---|
| CryptoVoucher | Yes | Redemption | Light | Widest coin menu; ~4% plus a flat network fee |
| Bitnovo | Yes | Redemption | Yes, EU AML | Cash purchase at 40,000+ EU retail points |
| Binance Gift Card | Yes | Purchase | Verified, both sides | Zero fee; closed loop |
| Azteco | No — Bitcoin only | — | None | The cheapest issuer is unavailable to you |
That last row is the important one. The best-priced product in this whole market — 2% online, no account on either side, redeems in forty seconds — does not do Ethereum. Choosing ETH means giving that up.
Why it costs more
Three compounding reasons, all structural rather than anybody being greedy.
- Less competition. Fewer issuers offering a product means less pressure on spreads. Bitcoin vouchers compete against each other; Ethereum vouchers largely do not.
- The cheap floor is missing. Azteco's 2% sets a ceiling on what Bitcoin voucher issuers can charge. No equivalent exists for ETH, so the floor is CryptoVoucher's ~4% plus a flat fee.
- Higher settlement cost. The issuer has to actually send ETH, and on mainnet that costs real gas which gets priced into the spread.
The small-amount trap
This is the part that separates a useful gift from a frustrating one, and no issuer will mention it.
Suppose you gift €25 of ETH and it arrives on Ethereum mainnet. The recipient now holds €25 of ETH — and moving it anywhere costs gas. During a busy period, a single transfer can cost several euros. On €25, that is a double-digit percentage simply to relocate their own gift.
So a small ETH gift on mainnet is, practically speaking, stuck where it lands. The recipient can hold it and watch it, which is fine, but the experience of using it is poor in a way a Bitcoin-over-Lightning gift is not.
| Gift size | Quiet network | Busy network |
|---|---|---|
| €10 | Several percent | Potentially most of it |
| €25 | A few percent | Double digits |
| €100 | Around 1% | A few percent |
| €500 | Negligible | Under 1% |
When Bitcoin is the better gift
Being direct, since this is a page about Ethereum vouchers: for most gift recipients, a Bitcoin voucher is the better product.
| Bitcoin voucher | Ethereum voucher | |
|---|---|---|
| Cheapest available | 2% (Azteco, online) | ~7%+ |
| Account needed to redeem | None, with some issuers | Usually yes |
| Redemption speed | ~1 second over Lightning | Minutes |
| Cost to move a small amount afterwards | Fractions of a cent | Meaningful on mainnet |
| Wallet choice for beginners | Many simple options | More decisions to make |
Choose ETH when the recipient has specifically asked for Ethereum, or intends to do something with it beyond holding. Choose Bitcoin as the default for anybody new.
Gifting it well
If you are going ahead with an ETH voucher
- Gift €100 or more if it will land on mainnet, so gas does not trap it.
- Ask whether a layer-2 is offered at redemption, and prefer it if so.
- Write the network on the card. The recipient will face a choice they may not understand.
- Check the expiry before buying ahead for a holiday.
- Add your time. Twenty minutes helping them pick a wallet and record a recovery phrase — see how to gift crypto.
- Say it is volatile when you hand it over, so a drawdown is part of the gift rather than a surprise.
- Never print the live code where it can be read. See voucher codes.
Related: Bitcoin vouchers, stablecoin vouchers, how to redeem, and paying for gift cards with ETH.
Ethereum vouchers: FAQ
Can I buy an Ethereum voucher?
Yes, though from fewer issuers than Bitcoin. CryptoVoucher lets the recipient choose ETH at redemption, Bitnovo includes it among its options, and a Binance Gift Card can be denominated in ETH from your Binance balance. Azteco — the cheapest issuer in this market — is Bitcoin-only, so it is not available.
Why are ETH vouchers more expensive than Bitcoin vouchers?
Two reasons. Fewer issuers means less competition, so spreads are wider. And the cheapest product in this category, Azteco at 2%, does not offer ETH at all — so the floor price for an Ethereum voucher is set by more expensive competitors.
Which network does the recipient receive ETH on?
Usually Ethereum mainnet, and this matters for a specific reason: if the amount is small, mainnet gas can make the ETH difficult to move afterwards. A recipient holding $25 of ETH on mainnet may find that transferring it costs a meaningful share of the balance. Check whether the issuer offers a layer-2 option.
Is an ETH voucher a good gift?
It is a reasonable one, and Bitcoin is usually the better default for a first-time recipient — more wallet options, simpler mental model, and cheaper issuers. Choose ETH when the recipient has specifically expressed interest in Ethereum, or intends to use it for something beyond holding.
Can a voucher deliver ERC-20 tokens rather than ETH?
Some issuers offer a menu that includes stablecoins and a handful of tokens at redemption. If the recipient wants a specific token, check the issuer's current list before buying — and consider whether a stablecoin voucher is what you actually intended. See stablecoin vouchers.
What happens if the price moves before redemption?
The recipient bears it in both directions. An ETH voucher bought in autumn and redeemed in spring may be worth noticeably more or less. If you intend to gift a fixed amount of money, a stablecoin voucher is the honest product for that job.
Sources and further reading
Figures on this page were checked in August 2026. Fees, country lists and promotions change without notice — always confirm on the operator's own site before you pay.
- CryptoVoucher.io — coins available at redemption and stated fees
- Etherscan gas tracker — live mainnet gas — the basis for the small-amount warning
- Bitnovo — coupons complete guide — redemption options and retail availability
- Binance — Gift Card — zero-fee internal transfers in ETH