Cryptocurrency Donations are now Made Easy – Food For Life Makes the Process Simple for you!

Published on: 05.07.2021

Cryptocurrency donations, the newest form of giving, may be one of the most convenient ways for people to help solve world hunger and provide assistance and humanitarian aid to those in need. Cryptocurrency donations have been generally recognized as making a difference in a range of non-profits and charity relief operations since they are very sustainable and accessible.

Food for Life Global serves plant-based meals to the poor, malnourished, and victims of disaster. The objective of Food for Life is to serve pure food cooked and served with loving intention as a means of achieving world peace and unity.

The Freedom to Donate the Way You Want

Food for Life is accepting all kinds of donations starting from traditional fiat monetary donations and cryptocurrency donations. First and foremost cryptocurrency is a digital currency in which transactions are verified and maintained by decentralized systems using blockchain technology.

Since cryptocurrency is considered “property” (similar to stocks) it is automatically tax-deductible and the donations are carried out to non-profits without paying capital gains tax. Cryptocurrency donations are entirely transparent, aiding the donor with the chance to track whether their donation is being used for the relief of their choice.

When donating with traditional fiat money from country to country and especially internationally, there are major transaction fees that automatically incur losses in the donation amount. However, with cryptocurrency donations, you can donate the full amount with much fewer costs internationally due to not including any third-party assistance, in comparison to traditional financial ecosystems.

How to Donate with Crypto Through Food for Life?

With Food for Life Global, you can donate any of the few coins including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Doge (DOGE) Gemini Dollar (GUSD), Basic Attention Token (BAT), Chainlink (LINK), DAI (DAI), The Graph (GRT), UMA (UMA), Storj (STORJ), Ox (ZRX), and 1inch (1INCH). Their website provides a detailed process on all coins they accept and their digital wallet.

These partnerships are helping communities in learning about crypto and its adoption in our everyday life.