Four ways you can donate cryptocurrency to support those impacted by the crisis in Ukraine
Since the Russian invasion of Ukraine began, the world has watched on in despair. It is normal for those far away to feel hopeless and helpless, especially with a constant stream of information coming in from the front lines via social media showing the immense human suffering being inflicted.
At the same time, the international community has rallied together and there are many ways that those from far away can support those impacted by the crisis in Ukraine, including through cryptocurrency donations.
Here are four ways that you can donate cryptocurrency to support those impacted by the war in Ukraine.
Support humanitarian agencies working in Ukraine
There are many humanitarian organizations working on the frontlines in Ukraine, providing health care, resettlement support, food and shelter, and more to victims of the war. The Giving Block, the largest cryptocurrency fundraising platform, established a list of humanitarian agencies working in Ukraine, or supporting Ukrainian refugees, that accept cryptocurrency donations. These include:
The International Medical Corps
Committee to Protect Journalists (CPJ)
By supporting one of these NGOs with a cryptocurrency donation, you can help provide urgent humanitarian assistance to those impacted by the war or who are displaced as a result.
Donate to the Ukraine Emergency Response Fund
The Giving Block also set up a Ukraine Emergency Response Fund, which enables donors to contribute to all of the humanitarian organizations highlighted above, with one donation.
According to the Giving Block, “Humanitarian Relief Organizations and International Nonprofits participating in this emergency response fund will receive an equal distribution of the fund. These organizations’ missions include providing urgent medical care and humanitarian aid to children and their families.”
You can make a donation to the Ukraine Emergency Response Fund HERE.
Donate cryptocurrency directly to Ukraine
The government of Ukraine is now accepting donations directly via cryptocurrency. As per a tweet from the Government of Ukraine’s official account, they are now accepting cryptocurrency donations in Bitcoin, Ethereum, and USDT:
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
— Ukraine / Україна (@Ukraine) February 26, 2022
BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14
According to the BBC, as of February 27th, close to $14m USD in Bitcoin donations have been made to Ukraine.
Donate to UkraineDAO
A new Decentralized Autonomous Organization (DAO), named UkraineDAO, has emerged, which aims to use “the power of web3 tech and community to raise funds for Ukrainian organisations that are helping those suffering from the war in Ukraine.”
There are multiple ways individuals can contribute to UkraineDAO include through direct ETH donations, or through a 1x1 party bid. Check out the UkraineDAO website for more information on the ways you can contribute.
Advocate to leaders
Not everyone is in a position where they can make a financial contribution, but there are still ways you can support those suffering in Ukraine. The most obvious way is by contacting your Representative or Member of Parliament and urging them to speak out against the atrocities taking place in Ukraine.
If they have already spoken out against Russia’s invasion of Ukraine, it still important to contact them and thank them. If they have not taken any action, it is important to hold them accountable and to urge them to do so.