Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum
- JustGiving now accepts over 60 cryptocurrencies for people to donate with
- 94% of crypto users are Millennials and Generation Z
- More than $2 billion has been donated to charitable causes over the past five years
UK-based fundraising platform JustGiving is teaming up with The Giving Block, a digital asset company, to start accepting crypto donations.
JustGiving now allows users to donate in more than 60 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Doge, according to a report from UK Fundraising. The move comes as the crypto market is experiencing a surge in value, with Bitcoin recording a new all-time high of over $94,000 yesterday on CoinMarketCap.
According to JustGivings website, over the past 24 years, the fundraising platform has raised $7.2 billion (£6 billion) and is trusted by thousands of charities worldwide, including the Alzheimers Society, the British Heart Foundation, Macmillan Cancer Support, and Mind.
Pascale Harvie, President and General Manager of JustGiving, said:
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 into a tech-savvy demographic is also key. According to JustGiving, 94% of crypto users are Millennials and Gen Z.
Alex Wilson, co-founder of The Giving Block, said that charities need to tap into this new donor demographic, adding:
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 noted that more than $2 billion has been donated to charitable causes over the past five years.
The post Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum appeared first on CoinJournal.
Text source: CoinJournal: Home
