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JustGiving – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Thu, 21 Nov 2024 07:52:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png JustGiving – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum https://cryptocurrencypanther.com/2024/11/21/fundraising-platform-justgiving-accepts-over-60-cryptocurrencies-including-bitcoin-ethereum/ https://cryptocurrencypanther.com/2024/11/21/fundraising-platform-justgiving-accepts-over-60-cryptocurrencies-including-bitcoin-ethereum/#respond Thu, 21 Nov 2024 07:52:51 +0000 https://cryptocurrencypanther.com/2024/11/21/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 JustGiving’s 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 Alzheimer’s 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.



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