Cryptocurrency
What is cryptocurrency?
Cryptocurrency is a decentralized digital form of currency based on blockchain technology. Unlike the U.S. dollar or Euro, no central authority manages and maintains the value of a cryptocurrency. Instead, cryptocurrency is broadly distributed among its users via the internet.
Why does SpiritCHURCH accept cryptocurrency?
God provides for us in a number of ways—including cryptocurrency! Since cryptocurrency has value, it provides one more way we can honor God through giving.
Are Cryptocurrency gifts refundable?
Because the value of cryptocurrency can change within a short period of time, we are unable to refund donations of cryptocurrency for any reason. Make sure your gift is correct before completing it!
Are Cryptocurrency gifts tax-deductible?
Yes―your cryptocurrency donation is tax-deductible. Because it’s a non-cash donation, it will not appear on your regular end-of-year giving statement. Instead, you will receive a separate letter acknowledging your gift(s) for tax purposes.