Categories: CryptoNews

Against Malaria Foundation Now Accepts Bitcoin Donations

Charitable organizations stand to gain a lot from accepting Bitcoin payments, due to its global availability and very low transaction fees. The Against Malaria Foundation is the latest organization to accept cryptocurrency payments, although it is limited to a few countries for now.

Donate Bitcoin To Against Malaria Foundation

The number of charitable organizations around the world keeps on growing, as there are so many people in need of financial aid. The Against Malaria Foundation is trying to tackle one of the most severe life-threatening diseases of all time, and every single US Dollar is more than welcome in the ongoing fight against malaria.

But as most people are well aware, every financial institution has to be evaluated on a regular basis. In the case of the Against Malaria Foundation, that evaluation process is handled by GiveWell. This process looks at how effective charities are in turning additional donations into a positive change for the world.

Based on the finding by GiveWell so far, the Against Malaria Foundation is the most effective known way to save human lives on the planet. This is achieved by using the donations to purchase proper countermeasures to malaria infections, in the form of long-lasting mosquito nets at a fair price.

Related Post

Since Bitcoin is all about transparency and accountability, users will be delighted to hear the Against Malaria Foundation is very transparent about their operations. All of their expenses are properly documented, and they provide regular updates regarding their efforts about post-distribution survey information and malaria case rate data.

For the time being, only residents in the US and Canada can make a contribution in Bitcoin. However, the Against Malaria Foundation is planning to expand their reach in the coming months, as the UK, Germany, and Australia will be coming soon. Theoretically speaking, anyone in the world can donate with Bitcoin right now, but for those users looking to get a tax deduction, they will need to wait until it is available in their country.

Source: Reddit

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

TRX Price Prediction: Tron Network Fee Cut to Spark New ATH?

Back into Spotlight: Tron Network Fee Cut Could Push TRX to ATH, But This DeFi…

8 hours ago

Altcoin Alert: Crypto Market Cap Breaches Key Level Hinting at an 8000x Rally for this Shiba Inu Killer

Shiba Inu (SHIB) gave enormous returns in 2021, making many early holders millionaires. After the…

12 hours ago

XRP Crash? XRP Falls Below $0.5 Resistance Level as Next Gen Altcoin JetBolt Takes Over

Spooky season might be over but doom is still looming as Ripple’s XRP falls below…

15 hours ago

This New Exchange Token Is Poised for a Price Surge Alongside Cardano and Avalanche – Analysts Predict Huge Gains This November

Three promising altcoins are causing a stir among investors this November: Avalanche (AVAX), Cardano (ADA),…

15 hours ago

With Dogecoin Dipping and TRON Holding, Is Lunex the Hottest Crypto Now?  

Everyone knows what the hottest crypto can do. When it was so hot it was…

15 hours ago

Tron Fees To Be Cut In Half Through Proposal 95, Cutoshi Surpasses $600k As TRX Investors Join CUTO Presale

The Tron network has witnessed incredible growth in several areas, especially in its adoption, which…

16 hours ago