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Get Children Reading with Cryptocurrency

The reading crisis is threatening the future, but there is a solution

How to Donate

Making a cryptocurrency donation

Donating crypto is safe, easy, and fast. Using the donation form on this page, making a charitable gift is a quick three step process:

1. Select your preferred crypto and enter your gift amount

2. Type in your email and basic info (or choose to give anonymously)

3. Make your gift

Upon making a donation, you can elect to receive an automatically generated tax receipt that will be sent to the email address you provide after a certain amount of confirmations of the transaction on the blockchain. This confirmation of your donation will help you close the loop when calculating your taxes.

Crypto charitable donations are processed quickly and safely with The Giving Block and Gemini Trust Exchange. Please note that all crypto donations are nonrefundable.

Why Cryptocurrency?

The Power of Digital Currency

Crypto donations are one of the most tax-efficient ways to give to charity. Your crypto donation is tax-deductible to the fullest extent permitted by law if you pay taxes in the US. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.

Donating cryptocurrency you have owned for more than one year and that has increased in value may provide better tax benefits than selling the asset and giving cash. Your charitable income tax deduction is equal to the fair market value of the investment. You avoid paying the capital gains tax on any increase in value over the original cost of the crypto.

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Cryptocurrency

Frequently Asked Questions (FAQ)

Which cryptocurrencies do you accept?

We currently accept more than 100 cryptocurrencies, including: Bitcoin (BTC), Ethereum (ETH), 0x (ZRX), Aave (AAVE), Alchemix (MIST), Amp (AMP), Ankr (ANKR), ApeCoin (APE), API3 (API3), Avalanche (AVAX), Axie Infinity Shards (AXS), BarnBridge (BOND), Basic Attention Token (BAT), Bitcoin Cash (BCH), ChainLink (LINK), Chiliz (CHZ), Compound (COMP), Curve Dao Token (CRV), Dai (DAI), Decentraland (MANA), Dogecoin (DOGE), Dogelon Mars (ELON), Enjin Coin (ENJ), Ethereum Name Service (ENS), Fantom (FTM), Fetch.ai (FET), Filecoin (FIL), Gala (GALA), Galxe (GAL), Gemini Dollar (GUSD), Injective (INJ), Lido (LDO), Litecoin (LTC), Livepeer (LPT), Loopring (LRC), Maker (MKR), Mask Network (MASK), Orchid (OXT), PAX Gold (PAXG), Polkadot (DOT), Polygon (MATIC), Qredo (QRDO), Quant (QNT), Radicle (RAD), Rally (RLY), Ren (REN), Render Token (RNDR), Samoyedcoin (SAMO), Shiba Inu (SHIB), Skale (SKL), Solana (SOL), Somnium Space (CUBE), STEPN (GMT), Storj (STORJ), SushiSwap (SUSHI), Synthetix (SNX), Tezos (XTZ), The Graph (GRT), The Sandbox (SAND), Tune.FM (JAM), UMA (UMA), Uniswap (UNI), USD Coin (USD), Tether (USDT), XRP (XRP), Yearn.finance (YFI), Zcash (ZEC).

Are crypto donations tax-deductible?

Yes! Crypto donations are one of the most tax-efficient ways to give to charity. If you pay taxes in the US, your crypto donation is tax-deductible to the fullest extent permitted by law. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.

As with any tax-related questions, be sure to consult with a qualified, professional tax advisor to receive more information about lowering your crypto taxes.

I need assistance with my donation. How can I get in touch?

Thank you for your interest in supporting Worldreader. To contact us about making a crypto donation, please send us an email at development@worldreader.org with the subject line, “Crypto Donation.”