Humanitarian aid for a greater good or cause, in short, donations has been a thing done by everyone now-a-days, whether small or big. With the ever advancement of technology, donations in cash turned into payment through cashless digital payment, i.e., PayPal, CashApp, UPI, etc. With the introduction of crypto, there’s a new door opening for charity donations which is cryptocurrency donations.
When you donate to a non-profit organization, you want to ensure that your money is going to support their important mission — not lining the pockets of shareholders and corporate executives. Unfortunately, that’s often not the case when you donate through a fiat fundraising platform or financial institution. These intermediaries often take a large cut of each donation, which means less money actually goes to the non-profit.
By donating with cryptocurrency, you are taking power away from these powerful intermediaries and putting it back in the hands of the people — and of non-profits who need the funds to support their vital missions. With cryptocurrency, there are no middlemen taking a cut of your donation. The transaction is direct, and the full amount goes to the non-profit.
“If you’re a public charity why not make all your accounting — at least the Bitcoin side of it — completely public so that people don’t have to trust you. They can just look at the blockchain” — Michael Tozoni, Treasurer of Bitcoin100, From Bitcoin and the Future of Fundraising
Donating cryptocurrency is a great way to support causes that are important to you. By donating crypto, you can help provide food for a family in need, advance LGBTQ2S+ rights, support someone experiencing homelessness, help facilitate the rescue of a loving dog, and support hundreds of other vital causes.
Cryptocurrency donation platforms make it easy to donate to your chosen cause. All you need to do is select the cause you want to support and then send your donation in the form of cryptocurrency. Your donation will then be used to support the cause you have selected.
Donating cryptocurrency is a great way to make a difference in the world.
So, if you have some crypto to spare, why not donate it to a cause that is important to you?