Cryptocurrency Donations: The What’s, Why’s and How’s

1500 words, 7 min to read
written by Anna Shepherd , ILGA-Europe

Cryptocurrencies have seen tremendous user growth over the past few years. On the other hand, they are vulnerable to volatility and unpredictability.

As crypto has become more popular and mainstream, crypto giving (or crypto philanthropy) is also on the rise.

The simplest way to start accepting crypto donations is via a third-party platform.

NFT stands for ‘non-fungible token’, which represents a physical or digital item (such as an artwork).

An NFT donation is a donation made to a non-profit often in the form of proceeds from an NFT auction.

Receiving crypto donations tricky to manage for non-profits. Look into what regulations and guidelines are in place, and your own financial policies and controls.

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