Select Lucky Dog Animal Rescue to be the recipient of your cryptocurrency donations!
Donate Crypto & Make a Difference
- Avoid Paying capital gains tax on your crypto gains.
- Receive a federal income tax deduction for the full value of your crypto
- Select Lucky Dog Animal Rescue as your charity of choice and SAVE LIVES in the process!
What is Crypto?
Cryptocurrencies, or crypto, are digital forms of money that can be used to buy goods and services, or held onto as a long-term investment (like a stock). They get rid of banks and middlemen because they're "decentralized." No single entity is in charge of crypto, instead each currency uses a network of computers ("blockchain") that work together to record and confirm transactions.
Think of crypto like gold: you have to buy it or "mine" it. Then you can trade it, save it, or DONATE it -- just like regular currency. Right now, the most popular cryptocurrencies are Bitcoin and Ethereum, but there are more than 10,000 different cryptocurrencies in circulation.
What are the benefits of donating crypto?
Donating crypto directly rather than converting it to cash before donating allows you to avoid capital gains tax on the appreciation of the currency. So, the value of your crypto goes to the nonprofit's mission rather than to tax payments!
How do I donate crypto?
Lucky Dog has partnered with freewill.com to accept crypto donations. Simply select Lucky Dog Animal Rescue as your charity of choice HERE, and get donating today!