New! Fundraise with Daffy Campaigns 🚀

How is a one-time wallet address generated for crypto contributions?

Stock

In the ever-evolving world of digital finance, Daffy has positioned itself as a leading option for a Donor Advised Fund (DAF). With a mission to help people be more generous, more often, Daffy has made it incredibly easy to donate crypto to the charities you care about, while also helping you avoid paying taxes on your capital gains. In just four clicks, you can irrevocably contribute Bitcoin, Ethereum, and over a hundred and twenty other cryptocurrencies to your Daffy fund. This is made possible through a personalized one-time wallet address that is generated via our partner Coinbase. This unique feature allows for quick and easy crypto contributions, making Daffy a modern and efficient way to give. Once you've made your contribution, you can expect to see the funds deposited into your account within four to five days. This streamlined process is part of Daffy's commitment to making charitable giving as simple and accessible as possible. In addition to its ease of use, Daffy also offers a range of other benefits. 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 for those looking to make a difference. So, if you're looking for a new and modern way to give, consider Daffy. With its user-friendly interface, wide range of supported cryptocurrencies, and commitment to making giving easy and accessible, Daffy is a great option for a DAF. Please note that the information contained in this blog post is for educational purposes only and should not be considered tax advice. To assess your specific tax situation, please consult with a tax professional.

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.

Get your Daffy account
Simplify your giving with Daffy, the Donor-Advised Fund for You™. Easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place.
Try Daffy for free
Daffy waives all membership fees for members with less than $100 in their fund, so get started today for free!

Don’t forget to download the app

Scan the QR code to get the iPhone app

Download on the App Store.
QR code to download the app from the App Store.

Sources