https://www.youtube.com/watch?v=tTQBFwsAhL0
Okay, you’re interested. But what does it actually take to accept crypto donations? Good news: it’s more straightforward than you might think.
This means you set up your own crypto wallet and receive donations directly. You have complete control. You pay no service fees. But you’re also responsible for security, and you’ll need to figure out accounting and compliance yourself. This makes sense for crypto-native organizations or those with technical capacity on staff.
Services like Endaoment, Giveth, or The Giving Block handle a lot of the complexity. They give you a donation page, might automatically convert crypto to dollars if you want, send you regular fiat deposits, and can also provide the tax documentation you need. The services each provides differ, so head to our resource section to learn more about the different platforms that areout there. But you usually pay some sort of fee - typically a few percent - but you get turnkey solutions and support. For most organizations just getting started, this is the easiest path, and usually what I recommend.
Most organizations convert immediately to avoid volatility. But if you’re comfortable with the risk, holding some crypto can be beneficial if prices rise. Talk to your board and finance team about what makes sense for your risk tolerance.
In the US, crypto is treated as property. Donations are tax-deductible like stock donations. But regulations vary by country and change frequently. Work with a CPA or attorney who understands crypto—it’s worth the investment.
Whoever controls the keys controls the funds. If you’re doing self-custody, learn about hardware wallets, multi-signature setups, and secure key management. If you’re using a processor, verify their security practices. We’ll cover this more in the Security module.
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