Crypto for charity

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Before you donate: Consider taxes.

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How Blockchain Restores Trust in Charities - Jim Niemeijer - TEDxTwenteU
A taxpayer who donates cryptocurrency directly to charity may be able to claim the full value of the cryptocurrency as a charitable deduction and avoid capital. Use Crypto for Charity to donate your proceeds seamlessly. For tax purposes, you won't have taken in the income, so you don't need to account for it or worry. Bitcoin and other cryptocurrencies can be donated to charity, just like other appreciated assets such as stocks and business interests. Before you sell bitcoin.

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What are the tax benefits to donating bitcoin and other cryptocurrency? Why does March of Dimes accept cryptocurrency? Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Making your crypto donations through The Giving Block gives you the most reliable way to reduce your capital gains taxes while supporting a cause of your choice.

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