Deposit bitcoin to your DAF vault using a deposit address.
Tip: You can donate bitcoin or other assets to your DAF. For non-bitcoin donations, follow the instructions of your DAF sponsor.
What you'll need to make a bitcoin donation
- A DAF shared vault with a DAF sponsor
- A deposit address for your DAF shared vault
- Your source of bitcoin funds, commonly an exchange or external bitcoin wallet
How to deposit to your DAF shared vault:
- Navigate to your vault dashboard.
- Click on the name of your DAF vault.
- Click on Deposit.
- You will be provided a new deposit address the next time you make a deposit.
- Copy your deposit address, which looks like a string of letters and numbers, OR prepare to scan the QR code at a later step.
- Using your source of bitcoin funds, send your transaction to the DAF deposit address.
- Done!
Note: To receive tax benefits, bitcoin donations of greater than $5,000 may require a qualified appraisal completed by a qualified appraiser. Work with a tax advisor to see if your donation requires qualified appraisal.
Unchained does not provide tax or legal advice. This information is educational only and cannot be relied upon as tax advice. It has not been catered to your individual tax circumstances. Unchained makes no representations regarding the tax consequences of any structure described herein, and all such questions should be directed to an attorney, CPA, or other tax advisor of your choice.