Non-profit organizations embrace crypto donations.

The New York-based non-profit charity, The Human Rights Foundation, announced that it is now accepting donations in bitcoins via open-source payment processor BTCPay Server.

According to The Block report, The Human Rights Foundation is using a payment processor for the first time since it started accepting donations in the leading cryptocurrency back in 2014. Several non-profit organizations around the world accept donations in different cryptocurrencies. 

 

BTCPay Server helps protect the privacy of donors.

Alex Gladstein, chief strategy officer of The Human Rights Foundation, said that the BTCPay Server helps protect the identity and privacy of donors, and it has no centralized entity that would collect or exploit user information. The non-profit organization also accepts donations in ether (ETH), and privacy-oriented coins such as Monero and Zcash (ZEC). Earlier, Alex Gladstein opined that bitcoin is creating a better future for human rights defenders all over the world.

 

 

UNICEF accepts donations in bitcoins

The United Nations Children’s Fund announced the formation of a crypto fund later last year. UNICEF now accepts donations in bitcoin and ethereum. The other non-profit organizations that accept donations in bitcoin are the American Cancer Society, The Water Project, Internet Archive, Humanity Road, and the Tor Project. Earlier this year, one of the leading crypto exchanges in the world, Binance donated $1 million in BNB to help fight bushfires in Australia. 

Donating in cryptocurrencies is much more efficient from around the globe as compared to donating in the native currency. Transferring cryptocurrency across the border is easier and less expensive than national currencies. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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