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Canadian Search and Rescue Organization Starts Accepting Bitcoin ($BTC) and Ethereum ($ETH) Donations

by dappsdigest_3v5cbl
May 23, 2022
in Ethereum
0


A non-profit volunteer-based search and rescue organization that provides support for the unpaid professional ground search and rescue community, the British Columbia Search and Rescue Association (BCSARA), is now accepting donations in Bitcoin ($BTC) and Ethereum ($ETH).

The organization announced it’s accepting donations in the top two cryptocurrencies by market capitalization on social media, where it detailed the cryptoassets will be accepted through CanadaHelps, the largest donation and fundraising portal in the country.

CanadaHelps, the announcement details, is partnering with CarbonX to “supply an initial 100 carbon credits to offset MtCO2wq of carbon emissions.” The firm is reportedly going to be purchasing carbon offsets on an ongoing basis to cover the emissions of every cryptocurrency transaction it processes.

The announcement adds:

The minimum donation must be $100 or more as this ensures every cryptocurrency donation made using CanadaHelps is carbon neutral and results in a meaningful charitable gift.

Upon receiving cryptocurrency donations, BCSARA is set to immediately convert the funds back into fiat currency to avoid price fluctuations. The organization, founded in 2002, has delivered assistance, training, and equipment to thousands of volunteers throughout the world.

The organization’s move comes shortly after the Wikimedia Foundation, the organization behind Wikipedia, decided to “discontinue direct acceptance of cryptocurrency as a means of donation,” after accepting crypto donations since 2014.




As CryptoGlobe reported, the Shiba Inu ($SHIB) community has proposed the launch of a token donation portal to complement its burn portal.

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DISCLAIMER

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

IMAGE CREDIT

Featured image via Pixabay



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