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Hodlers Can Donate Crypto to Charity to Minimize Tax Payments

Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.

Updated Sep 14, 2021, 9:30 a.m. Published Jul 14, 2020, 5:37 a.m.
Individuals who donate their cryptocurrencies instead of exchanging for fiat or another crypto may not owe any taxes on those transactions. (SJ Baren/Unsplash)
Individuals who donate their cryptocurrencies instead of exchanging for fiat or another crypto may not owe any taxes on those transactions. (SJ Baren/Unsplash)