Give Crypto to Charity? Here's How....26.03.2020, 10:10
The Coronavirus outbreak has left individuals with uncertainty but also with a desire to support efforts either by getting involved or remotely. Markets around the world have taken a hit, and there may be more turmoil to come, but crypto is a unique space that is expected to bounce back quickly when the virus storm passes.
This means that prices are cheap including the more mainstream networks like Bitcoin and Ethereum. Although not guaranteed, it's a good bet these cryptos - if donated - could prove more valuable to the receiving donors later on in the year.
This, of course, doesn't include charities and non-profits involved in the fight against Coronavirus needing help now, but sending crypto is still possibly the fastest and easiest way to send funds (especially if you already hold crypto).
We've been exploring a few good sites that enable users and 'hodlers' to send or donate crypto safely, including a website that helps charities and non-profits to easily enable crypto donations for their site and project.
Scanning QR codes are obviously involved, but you should get a receipt and ensure the organisation is registered.
First, learn about the 'top 10 donation moments in crypto history', which is certainly an interesting and inspiring read.
The BitcoinTuesday.org website lists and promotes a wide array of non-profit organisations who accept direct crypto donations.
The site regularly promote a specific cause, and provides a list of related projects helping to cure or solve it.
They also invite donors to promote their donating activity on social media and in this way, recruit others.
The current effort is obviously #cryptoCOVID-19:
The above site is actually run by The Giving Block. There, you can find out more about the team, and also how to enable crypto donations for your own charity or cause.
The plan is to see cryptocurrency donations be effective in their distribution to people in poor countries, in the process empowering them more with awareness of the technology.
Finally, if you know somebody or some organisation who may be interested in donating to charity with cryptocurrency, don't hesitate to share this post or send them the link to this page, which might be of some help.
Meanwhile, here at PrizesDrop.com, you can save up points from completing a variety of micro-tasks (from simply watching an advert to finishing a survey) and exchange them for free vouchers, codes and cryptocurrency. Find out how it works, and sign up today!