Contributions in cryptocurrencies
With the support of our partners Myriad USA and Every.org, OCE can accept cryptocurrency donations for charitable initiatives we host, in some instances.
Requirements/Policy:
initiatives must have reached a minimum of 2 000,00 EUR on their balance
initiatives cannot sell goods or services
initiatives must have a minimum of two admins and sign a specific Service Agreement with OCE
initiatives will receive only fiat currency converted from Every.org
the fee collected by OCE is 10% of the net exchange amount
Please note that while we are eager to expand our donation options, there are some important considerations:
Prior Approval: To ensure transparency and compliance, we will evaluate each request individually and provide detailed information about eligible cases upon request.
Initiatives' balance: We cannot process the payouts in crypto. If approved, your initiative will be able to receive donations only in fiat currency from contributions made in crypto.
Variable Costs: Processing cryptocurrency donations varies from case to case. We'll provide transparent information about any applicable fees or charges related to your donation.
Delayed times of payment: The amounts received on the fundraiser on Every.org do not transfer automatically to your collective's balance. We periodically (twice per year) receive a batch payment for all the active fundraisers.
If you would like to receive crypto donations from your contributors, please get in touch with us at oce@opencollective.com to see if your collective is eligible.
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