- 1 How and Why to Donate Cryptocurrency to Charity
How and Why to Donate Cryptocurrency to Charity
Lower your crypto capital gains taxes by donating Bitcoin and other crypto-to-charity or donor-advised funds.
As cryptocurrencies like Bitcoin saturate the public consciousness and grow in both popularity and value (with Bitcoin rocketing up to an all-time high of $20,000 at the end of 2017), it’s only natural that donating this kind of currency to charity has also become more common. Though cryptocurrencies are usually associated with discussions about investment potential, there are a few key reasons why donating Bitcoin over fiat is an appealing prospect for anyone interested in making charitable contributions.
Cut the sting of capital gains tax
Know where your money is going
Build more awareness
How to donate your cryptocurrency