United Way announced today that they will begin to accept Bitcoin donations through a partnership with the US-based Bitcoin exchange and payments company Coinbase. The partnership will allow United Way to receive donations from people all over the world, fast, simple and with almost no fees attached.
“United Way Worldwide embraces the opportunity to make it easier for donors to support the causes that matter most to them, and this means innovating to evolve with the donor landscape.” President and CEO of United Way, Brian Gallagher said and added:
“Achieving United Way’s vision for the world – where all individuals and families achieve their human potential – requires innovation powered by new technology and outreach methods. In that spirit, integrating bitcoin donations with the United Way Worldwide Innovation Fund helps us achieve this crucial goal. In addition, as the world’s largest privately-funded nonprofit, United Way seeks to lead the way for others by taking bold steps to grow our organization, and we are delighted to do so again today.”
“United Way Worldwide recognizes Bitcoin as an emerging technology that is impacting charitable giving by reducing the costs associated with receiving online payments.” He said Coinbase is “pleased to partner with United Way Worldwide and help donors around the world contribute to the organization’s impactful initiatives.” CEO of Coinbase, Brian Armstrong said.