We’re excited to bring you the ability to fundraise with cryptocurrency and GiveWP! Now GiveWP users are able to accept crypto donations with currencies like Bitcoin, Ethereum, Tether, Dogecoin, and more.
What Are Crypto Donations?
Crypto donations are made in cryptocurrency just like all other online donations. An increasing number of nonprofits are beginning to accept cryptocurrency donations due to their growing popularity.
“The Giving Block…announced it is on pace to process over $100M in cryptocurrency donations in 2021 and projects $1B in cryptocurrency donations to be processed in 2022, with a number of major partnerships set to go live starting in Q4 ahead of Giving Season.”
– PR Newswire
According to a new survey, the combination of millennial interest in charitable causes and cryptocurrency investment has caused a rise in crypto donations to nonprofits.
So, why not provide your donors with a way to give in crypto?
Why the BitPay Gateway?
When it came time to choose the first cryptocurrency gateway to integrate GiveWP with, we decided to go with BitPay. This gateway has a well-documented API and a developer sandbox, which are important for our development team.
This gateway also allows you to accept donations in cryptocurrency, but settle immediately in fiat (dollars, euros, etc.). Meaning, there’s minimal risk to you if the cryptocurrency loses value. You can also choose to split your settlement currency so that you get part of it in fiat and keep some of it in a crypto wallet.
User Feedback Informs Our Roadmap!
This gateway was developed based on user-feedback. GiveWP users have asked for cryptocurrency solutions so we built it!
If you have integration or feature ideas, make sure you leave your feedback on our Canny board.
Start Accepting Crypto Donations with GiveWP Now
If you’re a GiveWP plan holder, you can download and use BitPay now. If not, you can purchase BitPay individually or in any of our pricing plans.