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Bittime - Donation is a form of social care that can be done by anyone. However, sometimes there are obstacles that hinder the donation process, such as transfer fees, limited access, or lack of transparency. To overcome this, now there is a new way that you can try to donate, namely by using crypto assets.
Crypto assets are digital currencies based on blockchain technology. Crypto assets have several advantages compared to conventional currencies, such as speed, convenience, transparency, and lower fees. In addition, crypto assets can also provide anonymity for donors who want it.
How do I donate with crypto assets?
Here are the steps you can follow to donate with crypto assets:
1. Select the organization you want to donate to
You can find out which non-profit organizations accept crypto donations over the internet. Some well-known non-profit organizations that accept crypto donations include Greenpeace, Human Rights Foundation, Khan Academy, Freedom of the Press Foundation, Red Cross, The Water Project, Rainforest Foundation, and Tor Project. You can see the full list at the end of this article.
2. Set up your crypto wallet
You need to have a crypto wallet that contains crypto assets that match the type accepted by your chosen organization. A crypto wallet is an application or device used to store, send, and receive crypto assets. Some popular crypto wallets that you can use include Metamask, Trust Wallet, and Coinbase Wallet.
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3. Access your organization's donation page
After selecting the organization you want to donate to, you can visit the donation page on their official website. There, you'll find the organization's crypto wallet address, which is usually an alphanumeric code or QR code. You will also see the type and amount of crypto assets you can contribute.
4. Make a transfer
Next, you can open your crypto wallet and make a crypto asset transfer to the organization's wallet address that you have copied or scanned. Make sure you enter the right amount and type of crypto asset according to your donation.
5. Confirmation
After making the transfer, you can wait for confirmation from your crypto wallet. This confirmation indicates that your transaction has been successfully processed by the blockchain network. You can also track the status of your donation through your organization's donation page or through blockchain search sites, such as Etherscan or Blockchain.com.
What are the benefits of crypto donations?
Crypto donations have several benefits, both for donors and donation recipients, including:
Cepat dan mudah
The crypto donation process can be done in minutes, without the need to go through intermediaries of banks or other financial institutions. You only need to have a crypto wallet and internet access to donate anytime and anywhere.
Transparent
You can track your donations through the blockchain, which is a digital ledger that records all crypto transactions openly and irreversibly. Thus, you can ensure that your donation has reached the right destination and is used for useful purposes.
Cheaper
Crypto transfer fees are generally lower compared to bank or credit card transfer fees, which often charge additional fees or unfavorable exchange rates. With a lower fee, you can donate more or more often.
Anonymity
If you want an anonymous donation, some crypto organizations offer that option. You don't need to provide your identity or personal information when donating crypto. However, you can still ask for proof of donation if you need it.
Crypto donation trends in the world
Crypto donations are nothing new in the world. Since a few years ago, many non-profit organizations have started accepting crypto donations, both from individuals and companies. Some well-known examples of crypto donations include:
In 2018, UNICEF France received donations of Bitcoin, Ethereum, and Ripple from crypto miners to help Syrian children affected by the war.
In 2020, Binance Charity donated USD 1 million worth of crypto assets to UNICEF to support the global distribution of Covid-19 vaccines to countries with high case rates. This is the first and largest crypto donation targeting Covid vaccine shipments since the Covid-19 pandemic.
In 2021, The Giving Block, a company that provides crypto fundraising solutions, described how six charities benefited from crypto donations. One of them is Orangutan Outreach, which raised more than their entire 2020 revenue budget with crypto donations. The organization cares for orphaned and abandoned orangutans in purpose-built nature reserves with the ultimate goal of releasing them back into the wild.
With the increasing trend of crypto donations, you can participate in this kindness movement using the latest technology. Crypto donations not only help you to contribute to social well-being, but also to support the development and innovation in the crypto world.
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List of Charitable Organizations Accepting Crypto Donations
The following is a complete list of nonprofits that accept crypto donations, along with the types of crypto assets accepted and their crypto wallet addresses:
1. Greenpeace (Bitcoin)
Greenpeace is a global environmental organization that works to protect nature and world peace. Greenpeace accepts Bitcoin donations through the BitPay platform to support their campaigns to tackle climate change, stop forest destruction, and protect biodiversity.
2. Human Rights Foundation (Bitcoin, Ethereum)
The Human Rights Foundation is a non-profit organization that aims to promote and protect human rights around the world. The Human Rights Foundation accepts Bitcoin and Ethereum donations through The Giving Block³ platform to fund their initiatives in support of activists, journalists, and human rights defenders fighting against authoritarian regimes.
3. Khan Academy (Bitcoin, Bitcoin Cash, Litecoin, Ethereum)
Khan Academy is a non-profit educational organization that provides free learning resources to anyone, anywhere. Khan Academy accepts Bitcoin, Bitcoin Cash, Litecoin, and Ethereum donations through the Coinbase Commerce platform to help them provide access to quality education for millions of people around the world.
4. Freedom of the Press Foundation (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, ZCash)
The Freedom of the Press Foundation is a non-profit organization dedicated to protecting and advancing press freedom in the digital age. The Freedom of the Press Foundation accepts Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and ZCash donations through the BTCPay Server platform to support their project in protecting sources, whistleblowers, and journalists from surveillance and censorship.
5. Red Cross (Bitcoin via Bitpay)
Red Cross is a global humanitarian aid organization working to prevent and alleviate human suffering everywhere. Red Cross accepts Bitcoin donations through the BitPay platform to support their mission of providing emergency, disaster, health, and social relief to people in need.
6. The Water Project (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, USDC)
The Water Project is a non-profit organization focused on providing communities in Sub-Saharan Africa with access to clean water and sustainable sanitation. The Water Project accepts Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USDC donations through The Giving Block platform to support their project in building wells, tanks, and other water systems that can improve people's health and well-being.
7. Rainforest Foundation (Bitcoin, Bitcoin Cash, Ethereum, Litecoin)
The Rainforest Foundation is a non-profit organization that works to protect rainforests and the rights of the indigenous peoples who live in them. The Rainforest Foundation accepts Bitcoin, Bitcoin Cash, Ethereum, and Litecoin donations through the OpenNode platform to support their campaign to stop illegal logging, illegal mining, and climate change threatening rainforests and the lives that depend on them.
8. Tor Project (Bitcoin and a number of other cryptocurrencies)
The Tor Project is a non-profit organization that develops and maintains the Tor network, a software that allows users to browse the internet anonymously and securely. The Tor Project accepts donations of Bitcoin and a number of other cryptocurrencies through the BTCPay Server platform to support their project in promoting privacy, freedom, and human rights online.
Hopefully this information is useful for you. If you want to donate crypto to one of these organizations, you can visit their website and look for their crypto donation link. To get the crypto you want to donate, you can get it on Bittime. Happy donating!
How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Bitcoin (BTC) is available on Bittime with the BTC/IDR market pair. To be able to buy BTC IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime.
Monitor the price chart movements of Bitcoinn (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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