Cryptocurrency is becoming an emerging way to exchange, invest and donate money. Here at Vision for Israel, we are learning about and seeing the potential and appeal of the cryptocurrency market for some. This platform is growing and many people have inquired about VFI’s ability to receive donations from cryptocurrency.
What many people don’t realize is that any profits made from cryptocurrency are considered capital gains. This means that any benefit you get from your cryptocurrency gains can have financial consequences. It is important to be aware of this so you do not face significant taxes on your hard-earned money.
There is an alternative if you have cryptocurrency and want to avoid capital gains taxes. Here at Vision for Israel, we have updated our system to accept major cryptocurrency platforms. This means that you can make a charitable donation and avoid extraneous taxes on your profits. Many people believe that crypto markets will rise significantly in the coming months and years, as they have been steadily rising for some time. Now is the time to avoid capital gains taxes and make a difference too.
As year-end giving begins to increase, we would be so grateful for your help if this option applies to you. We know that there are a lot of ways to give at this time of year, and we are so grateful to each and every one of you for choosing Vision for Israel.
Your donations to Vision for Israel, no matter how they happen, benefit thousands of families and individuals who are struggling. No matter what is going on in the world, our team is here to support people who need help, and provide life’s basic essentials. Our faith in God and your incredible donations help us to make a real difference in many lives.
If you would like to be a part of this beautiful work, please consider donating your cryptocurrency to our organization. We accept Bitcoin, Ethereum, USD Coin, Litecoin, Bitcoin Cash, Dogecoin, and Dai.
Every amount helps us to continue our mission, and bring the word of God to all.
The Lord bless you and keep you.
Your Partners from Israel,
Batya & Barry Segal