- JustGiving now accepts over 60 cryptocurrencies for folks to donate with
- 94% of crypto customers are Millennials and Technology Z
- Greater than $2 billion has been donated to charitable causes over the previous 5 years
UK-based fundraising platform JustGiving is teaming up with The Giving Block, a digital asset firm, to start out accepting crypto donations.
JustGiving now permits customers to donate in additional than 60 cryptocurrencies, together with Bitcoin, Ethereum, Tether, and Doge, based on a report from UK Fundraising. The transfer comes because the crypto market is experiencing a surge in worth, with Bitcoin recording a brand new all-time excessive of over $94,000 yesterday on CoinMarketCap.
In response to JustGiving’s web site, over the previous 24 years, the fundraising platform has raised $7.2 billion (£6 billion) and is trusted by 1000’s of charities worldwide, together with the Alzheimer’s Society, the British Coronary heart Basis, Macmillan Most cancers Help, and Thoughts.
Pascale Harvie, President and Normal Supervisor of JustGiving, stated:
“In recent years there has been a surge in the use of cryptocurrencies and our decision to enable cryptocurrency donations is the latest demonstration of our commitment to forward-thinking innovation.”
Tapping right into a tech-savvy demographic can also be key. In response to JustGiving, 94% of crypto customers are Millennials and Gen Z.
Alex Wilson, co-founder of The Giving Block, stated that “charities need to tap into this new donor demographic,” including:
“580 million people now use cryptocurrency around the world and the market is worth nearly $3 trillion. Our goal is to make accepting cryptocurrency donations just as easy as taking any other online donations.”
In a 2024 Annual Report from The Giving Block, it famous that greater than $2 billion has been donated to charitable causes over the previous 5 years.