Donate cryptocurrency and help those in need

In short, cryptocurrency is a digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions.  

Cryptocurrency, often referred to as digital currency or crypto, is secured by cryptography, making it extremely secure and nearly impossible to counterfeit. It operates on decentralised networks, typically based on blockchain technology, which records all transactions across a distributed network of computers. Unlike traditional currencies, cryptocurrencies like Bitcoin, Ethereum, and others are not governed by any central authority or financial institution. Instead, they rely on cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets. Cryptocurrencies can be used for various purposes, including online transactions, investment, and donations to charitable causes.

Every donation makes a difference to those in need, and by incorporating cryptocurrency donations, Mission Australia is offering another donation avenue for our supporters. As we move forward into the future, we commit to meeting the diverse needs and expectations of both our current and prospective supporters, streamlining the donation process for those eager to contribute their digital assets.

Fundraising through cryptocurrency represents the most rapidly expanding donation avenue today.

Donating cryptocurrency to Mission Australia is a secure, quick, and effortless process, facilitated by The Giving Block platform with just three simple steps:

1. Use The Giving Block widget to choose your preferred cryptocurrency and the amount you wish to donate to Mission Australia. The donation will be shown in US dollars.
2. Fill in your details and include an email address for tax receipting purposes.
   A digital wallet address will be generated for your donation which is linked to The Giving Block wallet. The Giving Block uses dynamic wallet address to protect your privacy. Use this to send the cryptocurrency from your wallet or exchange account.
   The minimum donation to Mission Australia via a cryptocurrency is $50USD at the time of giving.
3. Complete your donation!
   Rest assured, cryptocurrency donations to Mission Australia are swiftly and securely processed. The Giving Block seamlessly converts each donation into US dollars before transferring it to Mission Australia. A receipt will be sent to the email address provided.
   Your contribution goes a long way in supporting our cause.

Yes, cryptocurrency transactions are inherently pseudo-anonymous but you can elect to be completely anonymous to Mission Australia. Please note that if you elect to be anonymous, an annual tax statement will not be provided as Mission Australia requires personal information. You will however, still receive a tax receipt from The Giving Block platform.

Will the value of my cryptocurrency donation be affected by market fluctuations?

Yes, the value of cryptocurrencies can fluctuate. However, once the donation is made, its value at the time is confirmed. Once the donation is transferred to Mission Australia, the exchange rate of USD to AUD will be applied on the day of the transaction.

Absolutely, upon making a cryptocurrency donation, you will receive a receipt confirming your contribution in the value of US dollars at the time of the donation. This receipt serves as proof of your donation for tax purposes. Once you provide an email address, Mission Australia will provide an annual tax statement is sent to you at the end of the financial year with your contribution in Australian dollars ($AUD)

Tax benefits or implications associated with donating cryptocurrency

Yes, Mission Australia is a Deductible Gift Recipient, which means crypto donations over the value of $2 are tax deductible. Mission Australia will send your annual tax statement to the email address you provided at the time of your donation.

The Australian Taxation Office recognises cryptocurrency as an asset, we advise you speak with a tax specialist for guidance on the potential tax deductibility benefits based on your individual situation.

Yes, The Giving Block have implemented robust security measures to ensure the safety and security of cryptocurrency donations and your personal information. The systems are designed to handle and store donations securely.

Only essential personal information is passed onto Mission Australia so that we can interact with you about your donation for example, to send a tax statement or if you call us to talk about your donation.

The Giving Block, a Shift4 company, is a fundraising platform dedicated to helping nonprofits raise donations more effectively, offering an all-in-one solution for non-cash asset charitable giving. The Giving Block offers robust security measures and an intuitive interface for effortless contributions.

For more information, please visit the giving block website Frequently Asked Questions - The Giving Block.

All cryptocurrency donations given via The Giving Block are nonrefundable.

We recommend you thoroughly check all the details are correct before completing the donation. Please check the cryptocurrency listed and only donate what is accepted, as it may result in a loss of donation. Cryptos We Accept - The Giving Block

Mission Australia accepts cryptocurrencies that are supported on The Giving Block platform. There are over 70+ cryptocurrencies to choose from.

For more information see Learn About Cryptocurrency - The Giving Block

No, not at this stage.

Cryptocurrency donations will be used in alignment with our mission, supporting various programs, initiatives, operational expenses, and furthering our impact. At Mission Australia 91% of your donation will go straight into delivering life-changing programs for Australians in need.