GifSoup is a fantastic tool to create GIF images from YouTube videos. You can decide the start and end times and GifSoup will convert those frames to GIF image. As the GifSoup is a web based service — you don’t need to download any software or anything else. :)
To convert a YouTube video to GIF file, simply visit GifSoup.com, enter the URL of the desired YouTube video and let GifSoup load your video.
In few seconds, GifSoup will be ready. Now, you can set title, start time and end time for capture.
And, finally hit the “Finish” button — your GIF animation will be ready!
GifSoup also offers free image hosting, i.e.; you don’t need to download your images. You can embed these images on any webpage using the provided HTML codes.
See the sample GIF image below (created using this video of the movie Dil Bole Hadippa!).
Link : GifSoup.com