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Thanks for these leads. I'm setting up a nonprofit at the moment and I'm definitely interested in receiving crypto donations. The question is whether to keep cr
by kingcharles 5y ago
Thanks for these leads. I'm setting up a nonprofit at the moment and I'm definitely interested in receiving crypto donations. The question is whether to keep crypto accounts or always convert immediately to fiat like Wikimedia?
- lhl 5y agoWith the amount of volatility that most cryptos have, I think it makes more sense to convert to something stable unless your non-profit has a large treasury/flexible expense structure. If you do keep it in a stablecoin, there are some relatively low risk ways to get some yield on collected accounts, some are even 1-click, like this that gives a 9% APR on USDC: https://lite.instadapp.io/ https://lite.instadapp.io/