How to accept crypto donations on Instagram

In this article, we will discuss all advantages of accepting cryptocurrency donations on Instagram and also show how to integrate Plisio to Instagram for you to be able to easily accept donations in Bitcoin, Litecoin, Ethereum, Dash or any other crypto in just a few clicks.

Why accept cryptocurrency donations?

Reduced risks. Such crypto as Bitcoin cannot be refunded. It means no refund fees, fines, suspended accounts or charity fraud schemes.
Larger donations. The market analytics shows that people who have crypto assets are prone to spend more due to the ability to pay with crypto directly (In comparison to paying with cash or credit/debit card)
A bigger audience. Such services as PayPal are not available in many countries, as well as there are people who cannot open a bank account or use credit/debit cards to send cash donations.
Less competition. There are around 500 million crypto wallets created, and this number is growing every day. This only proves that there are more people willing to spend crypto than just a huge number of online stores or people who integrated crypto payments just as an alternative payment method.

What are the benefits of using Plisio for crypto donations?

All your donations will go directly from the donor’s wallet to yours. There will be no intermediaries monitoring your assets.
Usability. It is as simple as adding all wallet addresses of crypto you want to accept, create a donations link and insert it to your Instagram page. Done!
User-friendly interface. We will provide your clients with a simple donation form that will allow them to choose any crypto they wish to donate, as well as with the real-time exchange rate conversion so they could calculate the exact donation amount. Your donors will be offered several efficient payment methods such as a one-click payment for compatible wallets, QR codes for mobile wallets and the option to copy and paste transactions from the crypto exchange directly. Your donors will also be able to leave you a thank-you message before sending a donation.

Now that we’ve discussed all the Plisio platform and crypto donations advantages, let’s get to the integration process.

Setting a Plisio crypto donation button.

Step 1: Sign up on Plisio and set up your Donation page.

Go to your Plisio Dashboard (FAQ).
Click on the “Solutions” section. You will find your Donation page menu there.
Create a Donation page with your Instagram data. (For example, a unique username, logo or a profile picture to help your audience recognise you).
Select cryptocurrencies you wish to accept donations in. If there are any cryptocurrencies you don’t wish to accept, just don’t add them.
You can also add links to your web resources or social media profiles. If needed, you can add new links or remove the additional link fields. This field is optional.
Click on “Save” — now you have a link to your unique Cryptocurrency Donation page.