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CanadaHelps announced that it now accepts donations of cryptocurrency in support of any of Canada’s 86,000 registered charities. This new service is in response to growing interest from both charities and younger donors, and to ensure all Canadian charities, regardless of size, are able to easily accept this currency. According to a recent poll conducted by KPMG, 13% of Canadians have purchased crypto-assets such as bitcoin or ethereum, the two most popular digital currencies. Among the biggest investors are younger Canadians, with 24% of 18 to 24 year-olds having purchased crypto assets. At a time when charities are facing unprecedented demand and declining donation revenue, enabling cryptocurrency donations on CanadaHelps will make it even easier than ever before for younger donors to support the charities they care about.
As part of the service, CanadaHelps is providing every registered charity with a unique URL that is accessible from the charity’s free CanadaHelps charity account and can be used to invite supporters and website visitors to donate cryptocurrency to their organization.
For more information on how to donate using cryptocurrency, click here.
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