Some charities are accepting Bitcoin and other forms of cryptocurrency from their supporters. Here’s how that process works:

Step 1
The donor acquires cryptocurrency — digital or virtual assets designed to be used on the internet — typically by linking a credit-card or bank-account number to an exchange that enables the holders of those assets to buy, sell, and manage them. Cryptography, the writing or solving of codes on a computer, is used to secure and verify transactions and to create new cryptocurrency units.
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