Accepting cryptocurrency has never been easier, and it’s the new way to increase donations
As technology evolves the not-for-profit sector, so too do payment methods. Through cryptocurrency, charitable organisations have a new way of increasing donations.
Jonathan Keim, Executive Project Manager, from Blockchain Relations, told Third Sector the new donation method is a revolutionary way for charity groups to access new payment technologies that enable a steady stream of income for their ongoing expenses.
“There has been a great deal of wealth created because of the recent crypto boom and these new high-net-worth individuals would prefer donating in a cryptocurrency as opposed to converting fiat money,” Keim said. “It could open up a very large funding source to accept payment from those who have done very well in the crypto markets.”
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