Rest of World: Charity or Nonprofit
A loving home for every child
Donating cryptocurrency directly to a nonprofit is typically more tax efficient than other means; however, you should consult a tax professional for specifics about your country. In the US and many other countries around the world, you are able to avoid capital gains tax and deduct the fair market value from your taxes.
This varies greatly from country to country so please check with a tax professional for specifics. The Giving Block widget will provide you with a tax receipt and, depending on your circumstances and the tax rules in your country, you may be able to obtain a tax deduction.
Why donate Bitcoin?
Crypto tokens are establishing themselves right now as alternative payment options. The amount of stores and businesses, who accept crypto currencies, is slowly rising. Vice versa the acceptance of users is also rising and we want to give them an additional option to support children in need. For a non-profit organization transparency is a huge strategic goal. Crypto currencies and blockchain technology are great tools to support this ambition. Our wallets with all in and outgoing transactions are completely transparent to our stakeholders. Eventually in the future, thanks to blockchain technologies, donors are able to track where the transactions are flowing to and for which projects they are used.