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UNICEF now accepts Bitcoin and Ether cryptocurrencies as donations

United Nations charity UNICEF now accepts Bitcoin and Ether cryptocurrencies

By: Anthony Garreffa from Oct 9, 2019 @ 23:09 CDT

UNICEF now accepts donations made in both Bitcoin and Ether, with the United Nations charity now accepting both cryptocurrencies moving forward -- and is the first UN organization to accept crypto.

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There are no fees when donating cryptocurrency to UNICEF, which will be a plus for donors who would traditionally pay fees with other payment methods. UNICEF won't be cashing out its cryptocurrency holdings and making money at the top like traders and HODLers do, but will instead keep the Bitcoin or Ether, or send it as funds to a charity for them to use.

By using cryptocurrencies in Bitcoin and Ether it will see UNICEF being transparent with its transactions, and it will also see charities receiving more of the donations it receives without taking percentages away in normal transaction fees.

Cryptocurrency values swing like a pendulum sometimes, so UNICEF will only use the crypto donations in short-term programs. This will see the UN organization using cryptocurrency payments for short-term programs that will provide mosquito nets to prevent ebola and other viruses, or food and water supplies to famine-struck areas.

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