{"id":3277,"date":"2019-11-14T18:43:56","date_gmt":"2019-11-14T10:43:56","guid":{"rendered":"https:\/\/www.coincola.com\/blog\/?p=3277"},"modified":"2021-08-30T16:05:42","modified_gmt":"2021-08-30T08:05:42","slug":"africans-are-turning-to-cryptocurrency-for-charity-donations","status":"publish","type":"post","link":"\/blog\/africans-are-turning-to-cryptocurrency-for-charity-donations\/","title":{"rendered":"Africans Are Turning To Cryptocurrency For Charity Donations"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Recently an internationally recognized organization (Unicef) <\/span><a href=\"https:\/\/twitter.com\/UNICEF\/status\/1181840469883404288?s=19\"><span style=\"font-weight: 400;\">announced<\/span><\/a><span style=\"font-weight: 400;\"> that they&#8217;ve started accepting cryptocurrencies for donations. This news came as a relief to crypto believers because it further proofs cryptocurrency is real and has a future. The UN children\u2019s agency, Unicef, has announced it is accepting and disbursing donations through cryptocurrencies ether and bitcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new Cryptocurrency Fund by UN is the latest in a series of efforts made by international organizations to experiment with \u201cblockchain technology and Cryptocurrencies. It is believed that blockchain and cryptocurrency have the potential of transforming charitable giving and increase financial transparency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Donations made through cryptocurrency is obviously faster than the normal conventional ways of making cross border payments globally. On a normal or average situation, it takes hours or days to send money using the normal conventional method (fiat), but with cryptocurrency such as BITCOIN, EOS, DASH, BCH, it&#8217;s now hugely cheaper and faster.\u00a0<\/span><\/p>\n<p><b>Africans are turning to cryptocurrency for charity donations:<\/b><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-3279 aligncenter\" src=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2019\/11\/111.png\" alt=\"\" width=\"692\" height=\"191\" srcset=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2019\/11\/111.png 692w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2019\/11\/111-300x83.png 300w\" sizes=\"(max-width: 692px) 100vw, 692px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s no doubt that Nigeria has been on the radar for the region with the highest bitcoin and blockchain interest worldwide. It didn&#8217;t come as a surprise to find out that a charity organization known as <\/span><span style=\"font-weight: 400;\">humanelove<\/span><span style=\"font-weight: 400;\">.org<\/span><span style=\"font-weight: 400;\"> was the first Nigerian NGO to accept cryptocurrency for donations. <\/span><a href=\"https:\/\/bloks.io\/account\/humaneloveio\"><span style=\"font-weight: 400;\">According to data pulled from their blockchain account<\/span><\/a><span style=\"font-weight: 400;\">, humanelove.org has received over $5000 in donations through cryptocurrency between November 2018 and now.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a related scene, Fidelity\u2019s charity arm, Fidelity Charitable, said that it has received more than $100 million in cryptocurrency donations since 2015. It is believed that cryptocurrency donations will rise along with increase in the value of cryptocurrencies in the market and as popular institutions and NGO start accepting cryptocurrencies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Accepting cryptocurrencies as donations is super easy because it takes a few minutes to set up an account and cryptocurrencies transfer delivery time is a lot faster with far lesser fees than the current conventional system.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any charity foundation can simply create a CoinCola account for accepting cryptocurrency donations with our simple to use <\/span><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.newgo.coincola&amp;hl=en_US\"><span style=\"font-weight: 400;\">mobile wallet<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Create an account on <\/span><a href=\"https:\/\/www.coincola.com\/\"><span style=\"font-weight: 400;\">coincola.com<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently an internationally recognized organization (Un&#8230;<\/p>\n","protected":false},"author":12,"featured_media":3280,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[242],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - 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