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What should I check before accepting a digital gift for my child?

Check the gift, coin choice, parent acceptance, private code and access rules before accepting a child’s digital gift.

Sathian Srikrishnan, dad and founder · Updated

Crayon-style illustration of a child and fairies holding a large key.

Check what the gift is, who sent it and how the parent step works. Tooth Fairy Savings pairs a printed Proof with US$10 set aside in a coin. The parent handles the child’s Tooth Fairy Savings. Read the money and access rules before making plans for it.

Start here

Start with the picture and the giver’s note. You can enjoy those while you learn how the digital part works.

A quick parent checklist

Who sent the gift? Which child is it for? Which coin did they choose? Where is the private code? What do the access rules say?

Those five checks give you a place to start. You do not need to teach your child about every kind of money on the day the gift arrives.

Start with the gift you recognise

Ask the giver what the gift marks and which picture they chose. If it is a surprise, check with them so you know it came from them.

The printed Proof has their note and a code or QR for the parent step. Keep the code private. You can read the note with the child before you do anything else.

Use the official site if you need help. Contact details are on Tooth Fairy Savings.

Pencil-style illustration of a key beside a small safe.

Know which coin the gift uses

The listed choices are Dollars, Bitcoin and Solana. Dollars means USDC. It is a digital token meant to track the US dollar. Bitcoin and Solana can rise or fall in value. These coins are not insured bank deposits.

Ask the giver which one they chose. Check the coin and amount in the real gift record. A picture of a sample screen is not your child’s balance.

A woman and child looking at a tablet together.
Photo: RDNE Stock project, Pexels License. Resized and recompressed; no crop.

Follow the parent acceptance step

The public gift page says a giver can order before the parent has an account. The parent uses the code in the Proof to accept the gift.

It also describes a family link for later gifts. Check the steps that work in your account before inviting another giver. Do not assume a new feature is ready just because you have seen a preview.

If a step is unclear, stop there and ask support. Try: “I have the printed Proof. Which screen should I see after I enter the code?” Leave the code out of a public help post.

Crayon-style illustration of fairies around a piggy bank and coins.

Understand timing and access

The Terms say the coin arrives as soon as the card payment clears. For seven days after it arrives, the service can take that coin back in certain cases. This applies if the payment is cancelled, refunded or disputed.

The Terms also describe parent key access and a pause for an emergency. There is no withdrawal button yet, according to the Terms. “Parent controlled” does not mean cash ready to spend through a bank-style button.

The Terms explain the key steps. They say the newest gift must be in their Tooth Fairy Savings for seven days before you can download the key. Check the real deposit date rather than the parcel date.

Keep access to the email you use to sign in. Follow the key storage steps. Never post a key or send it in a chat. The balance is a record; the key controls access.

Check the money record and picture record separately

The Privacy page says the child’s photos, story and message stay off the blockchain. The public money record is different. It can show amounts, dates and wallet addresses.

The Terms say a private link or QR can open the gift record. Choose who gets that link. Hide it before posting a photo of the Proof.

The printer still needs the book file and delivery address. Private storage does not mean no firm handles the file. The policy explains who does which job. You can choose a drawing if you do not want to use a family photo.

Picture and money records at a glance

Picture and story

The policy says these stay off the blockchain. Protect the private gift link and QR.

Money record

The blockchain can show the amount, date and wallet addresses. Private pictures do not make that record private.

Source
TFN Privacy page. Original policy comparison, not a fresh access-control test.

Know what a dollar label does and does not mean

Circle’s USDC terms say its price on other platforms can differ from one US dollar. USDC is not an insured bank deposit. It does not make shop prices stay the same.

Circle’s risk factors also explain limits and delays when turning tokens into cash. FINRA explains crypto price risk. No coin choice removes every risk.

You can learn what this gift holds without making a trading plan. There is no need to predict a future price for the child.

Choose how to show the child

Begin with the picture and note. Try: “This is from someone who loves you. Here is the memory they chose. There is a money part too, which I look after with you.”

Answer the question your child asks. You can look at the real record together later. Learn with Tanda also has stories and lessons to explore.

A parent handover note

If two adults help, agree who will handle the next step. Make a private note of the gift, date and where to find the official steps. Leave out keys.

A family plan does not add another sign-in or change the access rules. Ask support which route works if another adult needs help with access.

Drawing-style illustration of a child and mum.

Common questions

Does the printed Proof arriving mean the coin is ready?

No. Print delivery and the money step have different timing. Check the gift record and Terms.

Can a relative give again?

The public site describes a family link. Check your actual account steps before sending an invitation. Each listed US$59 gift includes its own printed Proof and US$10 for their Tooth Fairy Savings.

Can I share the keepsake online?

Share only what the family wants public. Hide private links, codes and details you do not mean to share.

What should I ask support?

Name the step you reached and what you expected to see. Keep private keys out of the message.