PauseAI•14mo ago

Accepting Crypto Donations

We're accepting Paypal, bank transfers, but not crypto donations. It would be nice to offer this. But which service is the best?

Services

- Every.org is only for US NGOs.
- TheGivingBlock is probably expensive, they have some subscription and dont list pricing. I've booked a demo either way.
- DonorBox has NL pages, 1.75% Platform Fee (+ 0.8% bank transfer fee), free service
- PayPal already supports crypto, but only for US orgs.

awake-maroon•11/21/24, 9:28 AM

PayPal seems to offer crypto payments as well https://www.paypal.com/us/brc/article/accept-crypto-payments

How to accept cryptocurrency payments

Looking to know how to accept crypto payments as a small business? Learn how to get paid in crypto.

Aawake-maroon PayPal seems to offer crypto payments as well https://www.paypal.com/us/brc/arti...

hurt-tomatoOP•11/21/24, 9:29 AM

404s here, maybe blocked in NL? Can't find any NL page on it, only broken ones

hurt-tomatoOP•11/21/24, 9:29 AM

yeah US only for now

colossal-harlequin•11/21/24, 12:34 PM

What's the issue re cashing out and giving the cash? Is it different taxation, or a belief that the relevant crypto assets will continue to beat the market?

Ccolossal-harlequin What's the issue re cashing out and giving the cash? Is it different taxation, o...

awake-maroon•11/21/24, 3:19 PM

Anonymous donations maybe

sacred-rose•11/21/24, 11:43 PM

Did you have the GivingBlock demo?

sacred-rose•11/21/24, 11:46 PM

if not let's just set up donorbox

colossal-harlequin•11/25/24, 9:22 PM

(In London, Greg confirmed the implementation details are boring and mostly tax-related rather than anything else. There are wheels within wheels.)

Ssacred-rose if not let's just set up donorbox

colossal-harlequin•11/25/24, 9:24 PM

Donorbox pages say 4% fee on crypto transactions plus monthly subscription (obviously in the noise for a one-off payment of this size), only works with US organizations and liquidates the crypto to cash. Seems unlikely the best option.

colossal-harlequin•11/25/24, 9:34 PM

Claude is NAL nor an approved financial advisor, but fwiw

crypto-charity-transfer.md2.36KB

scornful-crimson•12/17/24, 8:42 PM

Re every.org - one way of using it (which will take a bit of work) is getting US Fiscal sponsorship (e.g. via PPF - they take 6% though; maybe PauseAI US could do it, not sure how much work it would be for them to become a sponsor though)

hurt-tomatoOP•12/21/24, 2:55 PM

I've setup a crypto wallet and posted addresses on donate page, first donations are already arriving

hurt-tomatoOP•12/21/24, 2:56 PM