Bitcoin Tuesday aims to raise $1M for good causes today

Bitcoin Tuesday, a crypto-based charity event hosted by The Giving Block, is looking to raise at least $1 million in donations today and over the rest of the month of December. The fundraising target makes Bitcoin Tuesday one of the largest crypto-based charity events ever. 

The Giving Block has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead the charity drive.

Some of the biggest names in crypto will participate, including:

GeminiLedgerBlockfolioMakerCelsius NetworkFlexa0x

Along with many other blockchain companies, they are stepping up to help charities collect Bitcoin (BTC) and other cryptocurrency donations before the holidays.

The charities accepting donations on Bitcoin Tuesday include:

Save The ChildrenAmerican Cancer SocietyWaterAid AmericaFoundation for Economic EducationStack UpCenter for Policing EquityNo Kid Hungry

Bitcoiners are committed to social good, and this is one opportunity to make a practical difference beyond the choice to disrupt the financial system. It's a chance to help Save The Children or to promote justice before the law through the Center for Policing Equity.

Your donation could go toward Trees for the Future, fresh water in Uganda, providing meals for senior citizens or finding homes for pets in rural America. There are over 100 charities participating, any of which will be grateful for your support.

The Giving Block told Cointelegraph that Bitcoin Tuesday 2020 will see “1,000% growth in nonprofits accepting cryptocurrency donations.”

According to The Giving Block:

"All our charities accept more than just Bitcoin. Bitcoin is front and center, but you can donate every crypto currently supported on Gemini."

They also believe that nonprofits themselves can aid crypto adoption by offering users the opportunity to donate via digital assets:

"Nonprofits adding crypto as an option across their website and platforms, calling for crypto gifts in their communications, posting about crypto on social media. This drives their mainstream audiences into the crypto scene which is invaluable."

Cointelegraph is also participating in the event and is working with The Giving Block to produce a charity Crypto Trivia quiz featuring top personalities in the blockchain space, to be held on Dec 10.

You can donate crypto to your favorite charity by visiting The Giving Block website. Select the organization you would like to support, and pledge your crypto now for a good cause.