Encrypting messaging platform Signal is now accepting crypto donations

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Signal, the startup behind the cross-platform encrypted messaging app, is now accepting donations in cryptocurrency.

"As a nonprofit organization, we depend on your support. If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity," the team tweeted Monday.

All crypto donations made to the app will be processed through The Giving Block, a donations platform for charities, universities, and nonprofits. Users can donate in BTC, ETH and LTC, among other cryptocurrencies.

According to Signal, if users based in the United States want to receive a tax deduction for their cryptocurrency donation, they have the option to provide an email address to receive a tax receipt. Users can also choose to donate anonymously. 

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Aug 11, 2021, 5:18PM UTC
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