Use Your Cryptocurrency to Change the World
What is cryptocurrency?
Cryptocurrency is a decentralized digital form of currency based on blockchain technology. Unlike the U.S. dollar or Euro, no central authority manages and maintains the value of a cryptocurrency. Instead, cryptocurrency is broadly distributed among its users via the internet.
Why does Life.Church accept cryptocurrency?
God provides for us in a number of ways—including cryptocurrency! Since cryptocurrency has value, it provides one more way we can honor God through giving.
What cryptocurrency can I give to Life.Church?
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Frequently Asked Questions
- Are cryptocurrency gifts refundable?
Because the value of cryptocurrency can change within a short period of time, we are unable to refund donations of cryptocurrency for any reason. Make sure your gift is correct before completing it!
- Are cryptocurrency gifts tax-deductible?
Yes―your cryptocurrency donation is tax-deductible. Because it’s a non-cash donation, it will not appear on your regular end-of-year giving statement. Instead, you will receive a separate letter acknowledging your gift(s) for tax purposes.
- Why should I consider giving through cryptocurrency?
A cryptocurrency gift is one of the most tax-efficient ways to give to Life.Church. Because donating cryptocurrency is a non-taxable event, you don't owe capital gains tax on the appreciated amount and you can deduct it from your taxes.
- Who do I contact with questions about cryptocurrency gifts?
We’re happy to answer any of your questions about cryptocurrency giving! Please contact us by email at giving@life.church or by phone at 405-216-7054.