FAQs for Nonprofits

Why should nonprofits accept cryptocurrency?
Cryptocurrency is used by more than 300M people worldwide. By accepting cryptocurrency, nonprofits can diversify their revenue streams while cultivating a r...
Thu, 31 Mar, 2022 at 5:18 PM
How will I receive my crypto donation?
A donor will send their gift to the nonprofit of their choice via Pledge and it will be immediately converted to USD, with a tax receipt sent to the donor b...
Thu, 31 Mar, 2022 at 5:18 PM
What fees are associated with using Pledge Crypto?
Pledge will charge a fee of 3% per transaction. When we convert the donation to USD, we may also incur variable conversion fees, which get deducted from the...
Thu, 31 Mar, 2022 at 5:18 PM
Are there tax benefits to using cryptocurrency?
Yes, there are significant tax benefits to donors who have appreciated cryptocurrency. Just like a donation of appreciated stock, donors can avoid future ca...
Thu, 31 Mar, 2022 at 5:18 PM
What cryptocurrency does Pledge accept?
Pledge accepts over 130  of the largest cryptocurrencies including Bitcoin, Etherum (ETH), Tether, Binance Coin (BNB), and seamlessly processes them into ca...
Thu, 31 Mar, 2022 at 5:18 PM
Can I set up recurring donations for cryptocurrency?
At this time it is not possible to set up recurring cryptocurrency donations due to the structure of the blockchain and requirements for transactions to be ...
Thu, 31 Mar, 2022 at 5:18 PM
Will I receive information about crypto donors to my nonprofit?
All of your donor activity will be saved in the Pledge Impact Hub. You will be able to contact donors to thank them if the donations were not made anonymous...
Thu, 31 Mar, 2022 at 5:18 PM