What is #BagSeason?
The Giving Block has raised millions of dollars for charities accepting Bitcoin donations (and other cryptocurrencies). Join us for the most important month of crypto giving: #BitcoinTuesday.
Over 100 crypto-friendly charities, universities and faith-based organizations have come together, raising their voices to fundraise crypto on Giving Tuesday, the biggest fundraising day of the year. Your donations are how we keep the cryptocurrency trend growing in the nonprofit sector.
When you donate crypto to a nonprofit, you receive a tax deduction for the value of the crypto, and avoid the capital gains tax you would have paid if you sold the crypto before donating. This means donating crypto translates into a larger donation and a higher deduction.
It's not just Bitcoin mooning that's taking Bitcoin Tuesday to the next level in 2020. We're working with the biggest brands in crypto to create a virtuous cycle. As more nonprofits use your crypto donations to make the world a better place, they also bring crypto to their traditional audiences. Join us in driving this beautiful cycle of crypto adoption.