A cryptocurrency is a decentralized digital currency based on the blockchain, which is cryptographically encrypted and thus protected against counterfeiting. It allows anonymous and self-organized cashless payments on the internet without the need for commercial or central banks. Cryptocurrencies are not issued by any central bank. They are an alternative means of payment for bank transfer, check, card, PayPal or cash.
Sadaqahcoin relies on cryptocurrency as a transfer medium.
So far, the main way of transferring money for aid organizations is through donations via bank transfer or PayPal. To increase the anonymity of donors, Sadaqahcoin relies exclusively on the transfer of cryptographically encrypted currencies.
For Sadaqahcoin, the main focus is on the anonymity of the donors. For many years, many people have been prevented from donating due to intimidation and pressure from authorities. A solution was needed. It so happens this is exactly what crypto currencies were designed for and can ensure anonymity to its users.
Where to buy cryptocurrency?
Digital stock exchange
The easiest way to buy is through a digital exchange.
The fees for buying cryptocurrency via credit card are generally higher than the methods mentioned above.
Usually between 2% and 15% is added to the payment, regardless of whether you use VISA or MasterCard. Therefore, buying with a credit card should only be done if there is no alternative.
On digital exchanges, payments can also be made by credit card. The most popular providers for buying cryptocurrency directly with a credit card are Banxa and Simplex.
After a short verification process, you are able to transfer funds into a specified wallet. Banxa also allows other means of payment, such as SEPA transfer, depending on the selected currency, e.g., EUR.
Some countries offer vending machines for the purchase of cryptocurrency. Bitcoin ATMs are among the most convenient ways to buy cryptocurrencies. Find the closest Bitcoin ATM by country near you: https://coinatmradar.com/countries/
How do I donate on Sadaqahcoin.com with cryptocurrency?
For donating with cryptocurrency (e.g., Bitcoin, Ethereum), you will need our receiving address, where you can transfer the total amount of the donation with the cryptocurrency of your choice.
We accept donations in Bitcoin(BTC), Ethereum(ETH), USDT(TRC20), Monero(XMR), Litecoin(LTC) or Nano(NANO).
Once you are ready to complete your donation and have selected the currency of your choice, a window will appear with our receiving address and the donation amount.
Please transfer the full amount to our receiving address to complete your donation.
For questions and further information, please do not hesitate to contact us.
