How and Why to Donate Cryptocurrency

a woman donating to Food Bank of the Rockies using cryptocurrency

Provide Food and Nourish Communities with Crypto

At Food Bank of the Rockies, our mission is to ignite the power of community to nourish our neighbors facing hunger. Embracing innovation is one of the ways we strive to do that, which is why we are excited to accept cryptocurrency donations.

Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on your gift to Food Bank of the Rockies and that it is also tax deductible*. This makes cryptocurrency donations to Food Bank of the Rockies one of the most tax-efficient ways to support your neighbors facing hunger. You can find all of our accepted cryptocurrencies in our FAQ below.

Please note that all cryptocurrency donations are non-refundable. Please only send currencies listed on the widget below and in the corresponding FAQ section. Do not send unsupported currencies, as they will be lost.

*Please consult your tax advisor.

Start The Process Using The Form Below

FAQs

We accept the following cryptocurrencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • USD Coin (USDC)
  • Dai (DAI)
  • Dogecoin (DOGE)
  • Basic Attention Token (BAT)
  • Ethereum Name Service (ENS)
  • 0x (ZRX)
  • 1inch (1INCH)
  • Aave (AAVE)
  • Alchemix (ALCX)
  • Amp (AMP)
  • Ankr Network (ANKR)
  • ApeCOIN (APE)
  • API3 (API3)
  • Audius (AUDIO)
  • Axie Infinity Shards (AXS)
  • Balancer (BAL)
  • Bancor Network Token (BNT)
  • BarnBridge (BOND)
  • Bitcoin Cash (BCH)
  • ChainLink (LINK)
  • Civic (CVC)
  • Compound (COMP)
  • Curve (CRV)
  • Decentraland (MANA)
  • DeFI Pulse Index (DPI)
  • Dogelon Mars (ELON)
  • Enjin Coin (ENJ)
  • Fantom (FTM)
  • Fetch AI (FET)
  • Filecoin (FIL)
  • Gala (GALA)
  • Gemini Dollar (GUSD)
  • Injective Protocol (INJ)
  • Keep3r (KP3R)
  • Kyber Network (KNC)
  • Lido (LDO)
  • Liquity USD (LUSD)
  • Liquity(LQTY)
  • Litecoin (LTC)
  • Livepeer (LPT)
  • Loopring (LRC)
  • Magic Internet Money (MIM)
  • Maker (MKR)
  • Maple Finance (MPL)
  • Mask Network (MASK)
  • Merit Circle (MC)
  • Mirror Protocol (MIR)
  • Moss Carbon Credit (MCO2)
  • Numeraire (NMR)
  • Orchid (OXT)
  • PAX Gold (PAXG)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Quant (QNT)
  • Radicle (RAD)
  • Rally (RLY)
  • Raydium (RAY)
  • Ren (REN)
  • Render Token (RNDR)
  • Saber (SBR)
  • Shiba Inu (SHIB)
  • Skale (SKL)
  • Smooth Love Potion (SLP)
  • Solana (SOL)
  • Somnium Space (CUBE)
  • Spell Token (SPELL)
  • Storj (STORJ)
  • SushiSwap (SUSHI)
  • Synthetix (SNX)
  • Terra (LUNA)
  • TerraUSD (UST)
  • Tezos (XTZ)
  • The Graph (GRT)
  • The Sandbox (SAND)
  • UMA (UMA)
  • Uniswap (UNI)
  • Wrapped Centrifuge (wCFG)
  • Finance (YFI)
  • Zcash (ZEC)

In order to receive a receipt with your donation, you must enter your email when prompted to in our widget. You will automatically receive a receipt from receipts@thegivingblock.com as soon as the transaction is confirmed on the blockchain. This differs depending on the blockchain — you can refer to this guide for more information.

You can generate a wallet address by using our widget.

  1. Choose the currency you wish to donate.
  2. Put in any amount for the pledge (don’t worry — receipts will match the actual amount donated).
  3. Enter your donor information or choose to donate anonymously.


Once you reach the third page, the widget will generate a dynamic wallet address you can use to complete your donation.

When using The Giving Block widget you’ll notice that a new wallet address is created every time. This is because The Giving Block uses dynamic wallet addresses. This is done to protect both your privacy and ours by preventing third parties from viewing all of your transaction history simply by copying and pasting the wallet address or TXID into a block explorer.

All addresses that are generated are associated with your donor information and ours forever. This means that you can reuse the address as often as you’d like or you can generate a new one each time. It’s up to you. In some cases, users want to re-use an address because they’ve added it as a payout address in an app or smart contract. Note that for ETH, after the first donation is sent the address is converted to a smart contract.

Yes, of course! However, if you’d like to receive a tax receipt, you must enter your email address when prompted on the third page of the widget. A tax receipt will only be sent once you’ve entered your email address.

To stay up-to-date with your impact, subscribe to our e-newsletter and follow us on social media! Our handle for Instagram, Twitter, and Facebook is @FoodBankRockies

If you want to learn more about donating cryptocurrency, check out The Giving Block’s Tax Guide, contact your tax advisor, or email donatenow@foodbankrockies.org. 

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