pig sanctuary donate bitcoin crypto

Pig Sanctuary Accepts Bitcoin and Other Cryptocurrency

Unless you’re living in a remote pig pen, you probably have heard the term “cryptocurrency” doing rounds since the past decade. Cryptocurrency is a blockchain-based digital currency, which is secured by cryptography.

This form of payment can be used in exchange for online goods and services. What attracts most people towards cryptocurrencies is the security and lack interference due to the decentralized structure.

Bitcoin was the first cryptocurrency developed, and it continues to be the most popular and valuable. Since the advent of Bitcoin, many other types of cryptocurrencies have emerged, and while some are clones of Bitcoin, others are original. These competing cryptocurrencies or altcoins include Litecoin, Ethereum, Tether, Cardano, etc.

We Now Accept Bitcoin and Other Cryptocurrencies as Donations   

Some of the biggest nonprofit organizations like the Red Cross and United Way have been accepting bitcoin donations for several years. You can now add Piggins and Banks to that list!

There are several reasons for 501(c)(3) nonprofits to adopt these donations:

  • These donations are faster, more effective, and transparent as compared to conventional currencies. Since the blockchain ledger is public, the transactions are transparent.
  • The nonprofits receive a larger value of money since the processing fees on cryptocurrencies is very low or none at all.
  • Despite the public ledger, the transactions cannot be tied to personal identification. This allows donors to maintain anonymity.
  • International donations can be accepted without the challenge of exchange fees and banking hold-ups.

No matter what kind of donation you give to Piggins and Banks, ALL donations make a positive difference in the lives of our pig residents…no matter how big or small.

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