Cryptocurrency donations, widely regarded as the most tax-efficient and sustainable way to donate to worthy causes, are growing in popularity alongside cryptocurrency investing — and this trend shows no signs of slowing down anytime soon.
Among the many cryptocurrencies launched over the past few years, Ethereum has undoubtedly become one of the most famous and reliable. This does not necessarily mean that all charities and international organizations will accept Ethereum donations from their supporters.
If you are looking for charities that accept donations in Ethereum and other cryptocurrencies, you must first do your research and find out which charities will accept your donations in Bitcoin, Ethereum, USD Coin, Dogecoin, or any other cryptocurrency.
good news? [Redemption Light] has been ahead of the curve for years and not only do we accept all major cryptocurrencies, we believe crypto donations are the most effective way to support our mission and eliminate food insecurity around the world!
If you want to donate Ethereum to support our cause, here’s everything you need to know:
The history of Ethereum
Ethereum was first launched in 2015 and is considered the second largest cryptocurrency after Bitcoin, and like the leading cryptocurrencies, it uses blockchain technology to facilitate decentralized, secure transactions.
But while Bitcoin only allows you to trade cryptocurrencies, Ethereum also offers smart contracts and an EVM (Ethereum Virtual Machine), as well as allowing permissioned and permissionless transactions.
Since the beginning of Ethereum’s journey, the founders’ vision for a more accessible and universal currency has gained widespread support. Blockchain technology is a product of highly successful crowdfunding, raising over $20.14 million in 18 years.
Ethereum and charity
Ethereum co-founder Vitalik Buterin is no stranger to charitable giving: earlier this year, he made headlines after donating a massive $100 million in cryptocurrency to an Indian Covid relief fund.
But why donate cryptocurrency to charity in the first place?
Cryptocurrencies like Ether have quickly become one of the most popular ways to donate to charitable organizations because they are more tax-efficient than any other donation method.
Ethereum donations are considered a non-taxable event, meaning you won’t pay any capital gains tax on the transaction and may be able to fully deduct the donation from your taxes.
Donor tax benefits are just a small part of what makes Ethereum and other cryptocurrencies so beneficial for charitable giving.
Donating Ethereum to a charity of your choice will also help the organization grow even further with every dollar given, as these donations eliminate costly international banking and transaction fees.
This means every cryptocurrency donation will be used in full to further the cause you want to support, without wasting money on bureaucracy!
【Light of Redemption】Accepts Ethereum and other cryptocurrencies
Not all international charities have embraced the benefits of this fast, decentralized and sustainable approach to giving, but Redemption Light is proud to be one of the leading charities leading the charge.
Our long-standing partnership with the platform Giving Blocks opens the door to donations in Ethereum, Bitcoin, and all other cryptocurrencies so that we can leverage every cost-effective blockchain donation toward our mission of ending child poverty and food insecurity around the world. Goal one step closer.
Want to know how much of an impact you can have?
Considering that, as of the time of publication, 1 Ethereum (ETH) is worth over $1750, this means that with a generous donation of 0.15 ETH and the current cost of 50 cents per meal, our team would be able to feed 33 children for an entire moon! That’s about 1,000 meals in total!
As a digital charity operating in over 100 countries around the world, accepting donations in Ethereum and other cryptocurrencies is a natural next step in achieving our growth and sustainability goals!
Donate Ethereum and other cryptocurrencies to [Redemption Light]
If you want to make the biggest impact on the lives of thousands of children, donating cryptocurrency can ensure that every dollar you wish to send will provide healthy, sustainable plant-based food to countries where food insecurity is most affected.
The easiest way to donate Ethereum, Bitcoin and any other major cryptocurrency:
