PDAX, a cryptocurrency exchange platform, is now enabling crypto donations to the Philippine Red Cross (PRC).
PDAX Donate facilitates seamless cryptocurrency donations for non-profit organizations. This innovation ensures quick and efficient support, reducing waiting times and enhancing transparency.
“Working with PDAX to facilitate Filipinos’ donations to support our vital humanitarian efforts will ensure that we can amplify the impact of our initiatives, thus fostering a powerful synergy between technology and compassion for lasting change,” said Richard Gordon, chair and CEO of the Philippine Red Cross.
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Contributed crypto donations are converted to Philippine Peso and directly sent to the PRC’s bank account through PDAX Donate. This approach offers a faster, cost-effective channel for PRC to receive crypto donations, with flexibility and no minimum balance requirements. Cryptocurrency transforms the act of giving, making it immediate, efficient, and seamlessly propelling positive change.
PDAX Donate addresses limitations faced by foreign donors when sending funds to Philippine-based groups, offering a global donor community access to NGOs. With support for 37 tokens, including Bitcoin, Ether, and Ripple, PDAX Donate provides a swift and cost-effective solution.
“Cryptocurrency donations offer transparency through traceable blockchain records, faster transactions, and global accessibility,” said Nichel Gaba, CEO of PDAX. “With reduced costs and decentralization, more funds directly support charitable causes, streamlining the donation process and increasing efficiency.”
How to donate through PDAX Donate
Donating through PDAX Donate is simple and instant. Donors can send the pledged amount using any of the 37 cryptocurrencies currently available on the PDAX app.
- Go to the PDAX Donate and choose from our range of NGO partners.
- Select the crypto that you wish to donate, then input your pledge amount.
- Provide your details and then choose the purpose of your donation.
- Scan the QR code or copy the wallet address and send it from your desired exchange or crypto wallet to complete the transaction.