Q & A

You can donate by sending cryptocurrency directly to our provided wallet addresses. We currently accept Bitcoin, Ethereum, and Solana on our website. Simply copy our wallet address and complete the transfer through your cryptocurrency wallet. Please contact us if you wish to donate in a different cryptocurrency.

Cryptocurrency donations are fast, secure, and can reduce transaction fees compared to traditional payment methods. Additionally, they offer more privacy and allow donors to give internationally without the complications of currency conversion.

Yes! As a registered 501(c)(3) nonprofit organization, your donations to BlockchainBlessings may be tax-deductible. However, tax laws vary by country, so we recommend consulting with a tax professional to ensure you meet all necessary requirements for claiming deductions.

All cryptocurrency donations can be converted into traditional currency and distributed to a charity of your choice.

We partner with a range of local charities that focus on community development, education, healthcare, and other important causes. You can find a list of our partner charities and the projects on our website. If you would like us to add a charity of your liking please reach out to our team.

We are committed to transparency. You can track how your donations are being used through regular updates on our website and social media channels. We also provide detailed reports on the impact of each project we fund.

Yes, donating cryptocurrency is a safe and secure method of transferring funds. Blockchain technology ensures transparency and security. We use trusted wallets and follow best practices to safeguard donations.

Yes, cryptocurrency donations can be made anonymously if you prefer. However, if you’d like to receive a tax receipt or recognition for your donation, you’ll need to provide your contact information.

At this time, we primarily accept cryptocurrency and US dollar donations. However, we are exploring additional ways to support our nonprofit, so please reach out if you have questions about other types of donations.

We welcome all forms of support! If you’re interested in volunteering or partnering with us please reach out directly to our team.

BlockchainBlessings does not charge any fees for receiving donations. However, depending on the cryptocurrency network you use, there may be small transaction or "gas" fees associated with processing your donation, which are set by the blockchain network and not by us.

Transaction fees are automatically deducted by the blockchain network when you send your donation. These fees vary depending on the network's current demand. The amount that reaches BlockchainBlessings will be the net amount after these fees are applied.

BlockchainBlessings does not take a percentage of your donation for administrative purposes. 100% of your donation we receive goes towards supporting the cause you choose. Any administrative costs for running the organization are covered by separate funding. If you would like to donate to the website please reach out to our team.

To claim a tax deduction, you’ll need to report the fair market value of your cryptocurrency donation at the time of the donation. BlockchainBlessings will provide you with a receipt, but we advise working with a tax professional to ensure accurate reporting based on your specific situation.

Donating cryptocurrency can offer significant tax benefits. In the U.S., when you donate cryptocurrency that you’ve held for over a year, you may avoid paying capital gains taxes and can deduct the fair market value of the asset on your taxes, similar to donating appreciated stock. This can potentially reduce your tax burden while maximizing your charitable impact.

As a donor, you do not need to pay taxes on cryptocurrency donations. In fact, donating cryptocurrency can help you avoid capital gains taxes that would apply if you sold the cryptocurrency before donating. However, you should consult a tax advisor to ensure compliance with tax laws in your jurisdiction.

Yes, BlockchainBlessings provides a tax receipt for all donations, which includes the date of the donation and the amount (or fair market value) of the cryptocurrency donated. You can use this receipt when filing your taxes to claim any eligible deductions.

If you would like a tax receipt, you’ll need to provide your contact information when making the donation. If you choose to donate anonymously, we won’t be able to issue a tax receipt, as we won’t have your personal information to include in the receipt.

In the U.S., the IRS allows you to deduct donations up to 30% of your adjusted gross income for cryptocurrency and other non-cash donations. However, any excess donations can typically be carried forward to future years for up to five years. We recommend discussing with a tax professional for specific guidance based on your financial situation.