Private Messaging App Signal Now Accepts Donations in Cryptocurrencies – News Bitcoin News


Private Messaging App Signal Now Accepts Donations in Cryptocurrencies

The nonprofit foundation behind the privacy-driven messaging app Signal is officially joining the cryptocurrency venture. In this case, the Signal Foundation announced it has started accepting crypto donations.

Signal Foundation Also Takes Donations in Privacy Coins

According to an announcement via Twitter, the organization encouraged people to arrange donations via cryptocurrencies, but it’s not limited to bitcoin (BTC) or ethereum (ETH).

Per their landing page, the foundation also supports litecoin (LTC), chainlink (LINK), zcash (ZEC), amp (AMP), Basic Attention Token (BAT), dai (DAI), gemini dollar (GUSD), storj (STORJ), and 0x (ZRX).

The addition of privacy coins comes in response to a number of social media users asking Signal to add such cryptos to “comply” with their privacy-driven philosophy.

A tweet from Signal reads:

As a nonprofit organization, we depend on your support. If you’ve been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity.

Regarding the crypto payment processor used, the Signal Foundation stated it will handle all payments via The Giving Block, a company specialized in processing crypto donations for nonprofit organizations.

Moreover, the team behind the Signal app pointed out that those who want to claim U.S. tax deduction can optionally “provide an email address to receive a tax receipt.”

The foundation further clarified that The Giving Block supports anonymous donations.

App Endorsed by Crypto-Friendly Personalities

Signal, created in 2018 by Moxie Marlinspike and Brian Acton, is a well-known privacy messaging app with more than strong encryption features.

In fact, the app has received mainstream endorsement globally from crypto-friendly personalities, such as American whistleblower Edward Snowden, Twitter co-founder Jack Dorsey, and Tesla Technoking Elon Musk, who recently encouraged his Twitter followers to start using it.

Recently, due to the controversy sparked by Whatsapp changing its terms and conditions, Signal’s user base skyrocketed in a matter of hours.

Tags in this story
Bitcoin Nonprofits, chat app, Crypto Donations, messenger, Nonprofit, Privacy, Signal, Signal Messenger

What do you think about Signal accepting crypto donations? Let us know in the comments section below.

Felipe Erazo

Born in Colombia, Felipe earned a degree in journalism at the University of Chile with the highest honor in the overall ranking and holds a Bachelor of Arts in Social Communication. He is a writer with more than nine years of experience, first in the Forex field and later in the crypto industry as an analyst/news junkie. Among his interest topics include human rights, decentralization, financial markets, geopolitics, sports, and new technologies. An inveterate traveler, and always attracted to a good plate of food.

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