Why Donate Crypto Directly?
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. If you want to learn more about how donating crypto can lower your taxes, check out The Giving Block’s Tax Guide.
When you donate crypto to ProsperUs Detroit, we immediately convert your donation to fiat, which means all donations are non-refundable. Please only send currencies listed on the widget.