NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Giftcoin: Using Cryptocurrency for Charity

NewsBTC
NewsBTC
7 years ago
2 mins read
giftcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Giftcoin is a cryptocurrency that will be used for donations. The key goal of the developers of the coin is to help those in need using blockchain technology, which makes it easier for people to make donations.

Giftcoin offers more than an opportunity for users to donate. It also provides a wide selection of charitable organizations where one can donate. Additionally, the platform tracks the donations, ensuring that it has reached its intended recipients.  The goal of the platform is to come up with a system that is completely transparent and free, starting from the donors to charitable organizations. This means that any transaction carried out on Giftcoin is free. However, to ensure the sustainability of the platform after the offering of the Giftcoin tokens, a small fee of $1 will be charged for converting fiat currency to Giftcoin. This will encourage users to use the system to give donations.

How Does the Platform Work?

Users who wish to donate via the platform have to download the Giftcoin e-wallet and link it to their bank account. The user further configures the app and chooses the maximum amount of Giftcoin he or she wishes to buy monthly. Every time you purchase something, the Giftcoin round-up app converts your payment to the nearest dollar. The difference is stored in your e-wallet in the form of Giftcoins.  After you have accumulated enough Giftcoins in your wallet, you can donate them to the charity of your choice.

The use of smart contracts allows for transparency and donors will get to know who receives the donations. This will encourage others to donate. The platform also enables users to automate their e-wallet such that they will only release money to selected causes.

Benefits of The Platform

This is the first truly-charitable cryptocurrency and is set to fund noble causes

The donation process is transparent due to the use of blockchain technology unlike other donation platforms where donors are not even sure if the money they donate reaches the recipients

The rounding-off of small fractions of money and accumulating the funds is a great and convenient way to donate. Everyone can donate, as no large amounts of money is needed.

How to Buy the GIFT Token

Giftcoin is a cryptocurrency that needs to be stored in secure wallets. Users of Giftcoin should download a secure e-wallet first and keep the bought coins in it. Users who participate in the ICO can earn the digital coins, but they must meet some requirements.

Those wishing to invest in the platform can register for an upcoming ICO and acquire GIFT tokens using Ethereum or Bitcoin. The value of the gift coin is set at  900 GIFT tokens= 1 Ethereum.

Are you interested in charity? Do you think this is the right investment for you? Let us know your take in the comment section below.

Tweet123Share365ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Cryptocurrency has been around for years, but most people still can’t use it to buy their morning coffee. That’s starting...

ericdunne519 1 week ago

Jemlit vs Mystery Box World: Кой е “царят” на мистериозните кутии?

Мистериозните кутии превърнаха тръпката от изненадата във форма на онлайн шопинг, която комбинира хазартен адреналин и реални награди. От десетки...

Nikolay Aleksiev 1 week ago
SpacePay Takes the Lead

Best Crypto Presale in 2025: SpacePay Takes the Lead

Most crypto projects promise big changes but deliver little substance. SpacePay takes a different approach by solving real problems that...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

ericdunne519 11 hours ago
Why Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

ericdunne519 4 days ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

rinsuzuki 1 week ago

Premium Sponsors

Press Releases

  • 4 kryptomeny, vďaka ktorým toto leto zmeníš 1000 € na...

    7 hours ago
  • 3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    7 hours ago
  • 4 kryptowaluty, dzięki którym tego lata zamienisz 1000 zł w miliony

    4 kryptowaluty, dzięki którym tego lata zamienisz 1000...

    7 hours ago
  • 4 criptomonede cu care poți transforma 1000 de lei în milioane vara aceasta

    4 criptomonede cu care poți transforma 1000 de lei în...

    10 hours ago
  • 3 altcoinuri de urmărit în a doua săptămână a lunii iulie 2025

    3 altcoinuri de urmărit în a doua săptămână a lunii...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.