Similar to donating equities or other appreciating assets, there can be significant tax advantages for the donor to donating cryptocurrency directly instead of selling it and donating the proceeds. By donating crypto directly, they avoid capital gains tax and can potentially deduct some or all of the donation from their taxes.
Accepting cryptocurrency donations through Every.org is also low risk for the nonprofits. This is because we receive the donation, convert the crypto into USD, hold the crypto wallet, and submit all compliance forms in relation to receiving crypto donations.