American Red Cross Now Accepts Bitcoin Donations

The American Red Cross has announced it will now accept bitcoin donations through BitPay ahead of the Thanksgiving holiday.

AccessTimeIconNov 26, 2014 at 5:59 p.m. UTC
Updated Aug 16, 2021 at 1:01 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Red Cross
Red Cross

The American Red Cross has announced that it will now accept bitcoin through a partnership with BitPay.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Founded in 1881, the American Red Cross is the official US affiliate of the International Red Cross and Red Crescent movement. The humanitarian organisation provides disaster relief and emergency assistance in the US and posted total operating revenues and expenses of $3.4bn for its fiscal year 2013.

    , BitPay's non-profit outreach leader Elizabeth Ploshay voiced her belief that the partnership would help showcase the generosity of bitcoin consumers to yet another charitable organisation, and by extension, the US public.

    Ploshay, who also holds a board member seat at bitcoin's chief trade organisation, the Bitcoin Foundation, said:

    "Bitcoin users are extremely passionate people who are looking to put their bitcoin towards good causes. I’m sure the community will be excited to have such an established charity to donate to."

    The American Red Cross, in turn, suggested that the move would enable it to reach a new demographic of donors.

    "This gives a new generation of supporters the opportunity to help people in need," Jennifer Niyangoda, executive director of corporate and foundation programs at American Red Cross, said in an official release.

    According to its policies, BitPay does not charge payment processing fees to non-profit organisations, a market strategy also embraced by its largest US competitor, Coinbase.

    Black Friday participation

    Notably, donations can now be made through a dedicated website established by BitPay.

    The website asks users to choose their donation amount in their desired currency. Those who make contributions must also provide a full name, email address, physical address and phone number.

    BitPay further announced that the American Red Cross would participate in Bitcoin Black Friday, an annual event aiming to highlight shopping opportunities in the bitcoin space.

    The American Red Cross will appear on the official Bitcoin Black Friday website, and the official Bitcoin Giving Tuesday website.

    With the move, the organisation joins a number of charities that now accept bitcoin through BitPay, including one of America's most prominent environmental organisations, Greenpeace USA.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.