Contributing crypto to Daffy is a straightforward process that not only allows you to support the causes you care about but also helps you avoid paying taxes on your capital gains. Daffy, the Donor Advised Fund for You™, is a modern and efficient platform that simplifies your giving process.
To contribute crypto to Daffy, you can follow these simple steps:
1. Log into your Daffy account and select 'add funds'.
2. Choose 'crypto' as your preferred method of contribution.
3. Select the type of cryptocurrency you wish to donate from a list of over 120 options, including Bitcoin, Ethereum, and many others.
4. A personalized one-time wallet address will be generated via our partner Coinbase, facilitating quick and easy crypto contributions.
Within four to five days of scheduling your contribution, the funds will be deposited into your Daffy account.
Daffy is a great option for a Donor Advised Fund (DAF) as it simplifies your giving process. With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Plus, Daffy waives all membership fees for members with less than $100 in their fund, making it a cost-effective choice.
Remember, the information provided here is for educational purposes only and should not be considered tax advice. For a comprehensive understanding of your specific tax situation, please consult with a tax professional.
Start your journey of generosity with Daffy today and experience the joy of giving in a modern, efficient, and tax-friendly way.
Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.