Get Your Audience to
Donate in Crypto

Setting up your non-profit to accept cryptocurrency is simple with PTPShopy. Just sign up for a merchant account and follow the provided instructions to integrate our donation tools into your website.

There are more than 1.5 million nonprofit organizations in the United States.

By comparison, there are about 10 million nonprofit organizations in the world. Thus, about 15% of all nonprofit organizations in the world are based in the US.

(Also answer what percentage of companies are nonprofits)

Nonprofit organizations make up 5.7% of the U.S. economy. In addition, 10.2% of companies in the U.S. are nonprofit.

Cryptocurrency refers to a form of digital or virtual currency. Cryptocurrencies operate on the blockchain, providing it with a high level of security against counterfeiting. It differs from traditional FIAT currencies in that it is decentralized and is generally not controlled by a central bank/authority. There are many varieties of cryptocurrencies, the most famous of which being Bitcoin. Many countries have started accepting cryptocurrency as a means of payment; therefore, many donors prefer to donate in cryptocurrency.

In certain European (including certain US states) countries, cryptocurrency donations are considered taxable goods. Therefore, you should check the CRA or IRS guidance on cryptocurrencies to learn how to receive donations to reduce your taxable income. PTPShopy issues you a receipt the day you receive your cryptocurrency. In order to issue a tax receipt through the PTPShopy platform, the organization Account owner will need to provide their personal information such as email, name and address. Once the donations are credited to the Account owner, the platform will automatically generate a receipt and email it to the Donatee. The recipient can then forward this receipt to the donor in any preferred manner.

Your cryptocurrency donation will be automatically received to your wallet account, located in PTPShopy. All funds received from all your Donation campaigns will go to your wallet. You can then transfer the funds at any time to other wallets where you can exchange them for FIAT money. If you need assistance, get in contact with our support staff via the Support Module and we will help you.

Cryptocurrency donations are non-refundable once they have been deposited into your wallet, unless there are exceptional circumstances. You, as the merchant, decide whether to return the money. PTPShopy only provides you with a platform to receive donations.

Yes, donors can donate anonymously. However, the donor will not receive a tax receipt if they do not provide their information at the time they make the donation. If they made a donation anonymously and then want to receive a receipt, then this will no longer be possible. You will only be able to receive a receipt for a new donation with the donor’s details entered.

A charity organization can accept cryptocurrency donations directly through the donation setup page on their website, social media or messengers, or other donor traffic sources. Donations are immediately accumulated in the charity/non-profit organization’s account. Non profit organizations withdraw the collected funds to an exchange where they convert them into FIAT currencies. PTPShopy is also able to connect a third-party off/on-ramp provider that instantly converts cryptocurrency to FIAT through its API.

Yes, donating cryptocurrencies through PTPShopy donation module is safe and secure. PTPShopy crypto donation module has industry leading security measures to ensure a safe and secure fundraising platform. We are also subject to the security requirements of global regulators.

Yes, cryptocurrency can be donated from anywhere in the world. However, most U.S. charity and non-profit organizations are not currently accepting donations from individuals located in OFAC sanctioned countries; due to U.S. regulatory requirements.

Non-profit organizations are able to conduct crypto fundraising through the PTPShopy crypto donation module. Charity/NP organizations choose from the list of supported currencies, found within PTPShopy, which cryptocurrencies it wants to collect as a donation.

PTPShopy accepts a variety of cryptocurrencies including, but not limited to: Bitcoin (BTC), Ethereum (ETH), LiteCoin (LTC), Binance (BNB), USDC and others. For the latest list of cryptocurrencies that PTPShopy accepts, please visit our supported cryptocurrencies page at https://ptpshopy.com/supported-coins/.

PTPShopy regularly adds new cryptocurrencies to its platform.

You can contact our support and we will add the cryptocurrency or FIAT currency you need.

Yes, it is possible. You need to contact PTPShopy support and we will add the ability for you to receive NFT’s donations.

Leading figures in the crypto community and non-profit sector are embracing crypto-philanthropy. Notable crypto-philanthropists include Ripple Co-Founder Chris Larsen, Coinbase CEO Brian Armstrong, and NFT creator Ashley DiSan. At the same time, non-profit leaders like Ettore Rossetti, Kelsey Driscoll, and Sarah Kershaw are paving the way for fundraisers to embrace cryptocurrencies.

Below are a few of our favorite quotes about the impact and potential of crypto-philanthropy:

“Accepting cryptocurrency donations plays an important role in funding our efforts to bring new technologies to child welfare, but this is just the beginning,” says Ryan Park of Texas-based charity Upbring.

– NFT creator Jack Butcher claims that “NFTs take the relationship between art and philanthropy to a whole new paradigm.”

“Bitcoin is the catalyst that allows us to do our work efficiently and effectively,” says Yusuf Nessari, director of philanthropy at the Built With Bitcoin Foundation.