Cryptocurrency
About Crypto Contributions
The IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. 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. Please contact your tax or financial advisor for more information.
If you want to learn more about how donating crypto can lower your taxes.
The list of accepted cryptocurrencies is available on The Giving Block. This list includes:
Bitcoin (BTC), Ethereum (ETH), Basic Attention Token (BAT), Aave (AAVE), Alchemix (ALCX), Amp (AMP), Ankr Network (ANKR), Axie Infinity Shards (AXS), Balancer (BAL), Bancor Network Token (BNT), BarnBridge (BOND), 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), Moss Carbon Credit (MCO2), 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), Smooth Love Potion (SLP), UMA (UMA), Uniswap (UNI), Yearn.Finance (YFI), Zcash (ZEC) 0x (ZRX), 1inch (1INCH),and more.
Why I Give
Contact us
Want to learn more about how your donations contribute, are curious about how to donate, or have any other questions related to donations? Reach out to us directly at gifts@thousandcurrents.org