Accepting bitcoin has allowed us to bring digital and mobile innovation to our donations. Ettore Rosetti, Director of Social Media and Digital Marketing for Save the Children The Red Cross is thrilled to partner with BitPay to offer a different way for generous donors to support our humanitarian mission. Bitcoin and other leading ‘cryptocurrencies’ have gained mainstream news attention with exponential spikes in trading value. Aside from investment benefits, there are specific advantages that Bitcoin can offer nonprofits. Funds can be transferred across international borders instantly and more efficiently. Non-profits currently accepting Bitcoin donations At OpenNode, we want to encourage non-profits to join the Bitcoin ecosystem by providing $50, in free donation processing. Here are a few examples of non-profit organizations currently accepting Bitcoin donations using the Lightning Network.
Nonprofit bitcoinBitcoin for Nonprofits: Cryptocurrency Fundraising for the Future – Nonprofit Tech for Good
It only takes few clicks for your donors to pay a BitPay invoice. The process is simple while ensuring your supporter's funds remain secure. To complete your payment please choose one of the following currency options.
BitPay initiates a bank settlement to you the next business day. We believe in continually innovating in our work to improve the lives of children worldwide. Accepting bitcoin has allowed us to bring digital and mobile innovation to our donations. The Red Cross is thrilled to partner with BitPay to offer a different way for generous donors to support our humanitarian mission. This gives a new generation of supporters the opportunity to help people in need.
Learn more about what it costs to send a blockchain payment to a BitPay invoice. BitPay's compliance team requires certain documents in order to process large transactions like a real estate deal. Check out the full list of required documents. Our sales team will be able to walk you through this process. If you are invoicing your client, BitPay's platform does all the work for you. If you are paying a BitPay invoice, you will need to use a bitcoin wallet to pay.
Learn more about how to make a blockchain payment. For more information about integrating BitPay with your website, check out our documentation page and our selection of integrations. Let's Talk! BitPay Business Personal. BitPay - Payments. In protest-ridden Belarus, dissidents are using bitcoin to get around political repression.
On Aug. It was a small gesture of protest: Belarusians who voted against the incumbent president Alexander Lukashenko wore white. People in Belarus have been protesting the re-election of President Alexander Lukashenko for a month, claiming he was not the legitimate winner.
There have also been factory strikes, and some police officers publicly quit their jobs rather than violently break up peaceful rallies. The regime has responded to protests with mass arrests , internet shutdowns and even threats to get help from Russia , its bigger neighbor to the East. In Belarus, the state maintains an iron grip on the economy, and getting fired for political reasons means you might not find another job, at least not in your town.
But Maria heard about a new nonprofit fund, BYSOL, which was helping people who were fired for their protest activities. She applied for help and got it — in bitcoin. Maria had never touched crypto before, but the team behind the fund taught her how to install a mobile crypto wallet.
With the grant, she bought a new laptop to get a new job in IT. The rest of the money was enough to pay for several months of rent and food, so that Maria could get by until she got a new job, she said. Maria was one of several dozen people who discovered bitcoin in Belarus thanks to BYSOL, a nonprofit fund started by a group of tech entrepreneurs and civic activists this August. Once you have the capacity to accept Bitcoin payments, you can include the currency logo in your web-based donation platforms.
A QR code, scanned in barcode form, is generated when you set up your Bitcoin wallet. QR codes allow you easily to make and accept transactions because these unique codes recognize your personal virtual wallet information. As Bitcoin continues to dominate the newsfeeds of tech-savvy innovators and create millionaires overnight, nonprofits that adopt cryptocurrency tools may be able to gain a competitive advantage.
We suggest checking it out for your organization. Ali S. Create Account Sign In. GuideStar Blog. Some very large charities are already accepting payment in Bitcoin, via several different secure online platforms, for example: Wikimedia Foundation : uses Coinbase to convert Bitcoin to U. Save the Children : partners with BitPay to accept Bitcoin donations.
A Fluctuating Market Bitcoin valuation is largely determined by Bitcoin demand, so you need to be aware that Bitcoin value can rise dramatically, but also plunge, within short periods of time, as opposed to traditional currencies, whose values change at a slower, more predictable rate.
Identifying Bitcoin Players Unfortunately for fundraisers, Bitcoin transactions are completely anonymous.