Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin, Ethereum and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause. You can find all of our accepted cryptocurrencies in our FAQ below.
When you donate crypto to GEM, we immediately convert your donation to fiat, which means all donations are non-refundable. Please only send currencies listed on the widget. Do not send unsupported currencies.
The two primary coins are Bitcoin (BTC) and Ethereum (ETH). Using the dropdown for “Other crypto options” you will see a long list, including: Amp (AMP), Aave (AAVE), Alchemix (ALCX), Ankr Network (ANKR), Balancer (BAL), Bancor Network Token (BNT), BarnBridge (BOND), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Compound (COMP), Curve (CRV), Dai (DAI), Decentraland (MANA), Dogecoin (DOGE), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), Gemini Dollar (GUSD), Injective Protocol (INJ), Kyber Network (KNC), Litecoin (LTC), Livepeer (LPT), Loopring (LRC), Maker (MKR), Mirror Protocol (MIR), Orchid (OXT), PAX Gold (PAXG), Polygon (MATIC), Ren (REN), Skale (SKL), Somnium Space (CUBE), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), Tezos (XTZ), The Graph (GRT), The Sandbox (SAND), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC), 0x (ZRX), 1inch (1INCH).
You can generate a wallet address by using our widget above.
- Choose the currency you wish to donate
- Put in any amount for the pledge (don’t worry – receipts will match the actual amount donated).
- Enter your donor information or choose to donate anonymously.
Once you reach the third page, the widget will generate a dynamic wallet address you can use to complete your donation.
When using The Giving Block widget you’ll notice that a new wallet address is created every time. This is because The Giving Block uses dynamic wallet addresses.
This is done to protect your privacy and ours. Doing so helps prevents third parties from viewing all of your transaction history simply by copying and pasting the wallet address or TXID into a block explorer.
All addresses that are generated are associated with your donor information AND ours forever. This means that you can reuse the address as often as you’d like or you can generate a new one each time. It’s up to you. In some cases, users want to re-use an address because they’ve added it as a payout address in an app or smart contract.
Note that for ETH, after the first donation is sent, the address is converted to a smart contract.
In order to receive a receipt with your donation, you must enter your email when prompted to in our widget above. You will automatically receive a receipt from firstname.lastname@example.org as soon as the transaction is confirmed on the blockchain. This changes depending on the blockchain – you can refer to this guide for estimates and more information. Please note that you will receive a receipt every time you donate with our wallet address to the receipt you enter when generating the address.
Yes, of course! However, if you’d like to receive a tax receipt, you must enter your email address when prompted on the third page. A tax receipt will only be sent once you’ve entered your email address.