Cryptocurrency

Understand the route

How this gift works

A cryptocurrency gift sends a supported digital asset through the receiving organization’s approved donation provider. The asset, network and receiving destination must match the provider’s instructions. Acceptance of one cryptocurrency does not mean acceptance of every token or network. The organization’s confirmation is separate from a transaction appearing on a blockchain.

Background: Fidelity Charitable: cryptocurrency giving and appraisal IRS: Form 8283 instructions

Who does what

• You identify the asset and use the approved transfer process.
• The provider supplies current network and destination instructions.
• The organization or provider reconciles the transfer and issues the appropriate acknowledgment.

These guides describe giving in the U.S. The receiving organization’s policies and your provider’s current instructions set the actual process.

Who this may fit

Holders of supported digital assets whose organization has an approved provider.

Before you begin

Gather these details before starting the process. You do not need to have every answer before talking with the organization.

The route at a glance

1. Confirm that the organization accepts crypto and which provider it uses.
2. Use only the provider's verified channel; never send to an address received by email or text.
3. Keep the provider's confirmation and the organization's acknowledgment.

From intention to confirmation

The process, step by step

1. Confirm support

   Ask whether this specific asset and network are accepted. Use the organization’s approved provider, rather than a wallet address copied from a message or an old webpage.

2. Review instructions

   Read destination, network, minimum, memo or tag requirements and any expiry. Ask the provider to resolve uncertainty before opening your send screen.

3. Plan documentation

   Before transfer, ask your tax preparer about valuation, appraisal and reporting requirements. The provider’s displayed market price may not satisfy every documentation requirement.

4. Transfer carefully

   Compare the network and destination with the current instructions before authorizing. Never share private keys or a recovery phrase with the organization or Hope Opens.

5. Confirm arrival

   Keep the transaction identifier and provider confirmation. Ask whether the gift has been reconciled to you and obtain the organization’s acknowledgment, not just an explorer screenshot.

These steps keep your place in the guide. Confirm progress with the organization and provider.

Confirm it. Keep the records.

Confirm that the approved provider reconciled the transaction and the gift was acknowledged. A blockchain confirmation alone does not establish that it was matched to your donation.

• The transaction identifier, asset, network and send record.
• The provider’s receipt and organization acknowledgment.
• Acquisition and valuation records, with any required appraisal.

Important distinctions

• A transfer on the wrong network may be unrecoverable. Pause when instructions do not match.
• Do not assume cryptocurrency follows the publicly traded-stock appraisal exception. Obtain advice about the particular asset and claimed deduction.

Check the applicable rules: Fidelity Charitable: cryptocurrency giving and appraisal IRS: Form 8283 instructions

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