Donate to the Ukraine Crisis
Many people around the world are donating to the Ukrainian government to support during the crisis. Donations are being made with crypto, which is almost instant to send but hard to use/buy for many people. Some are also sending donations with fiat, however international remittance can take up to a week or more to arrive, which is too slow.
Transak is a fiat-to-crypto checkout tool and is being used to process a fiat payment by bank transfer or card, convert to cryptocurrency, and send the cryptocurrency directly to those being supported (in this case, the Ukrainian government) . Transak has waived all fees, and does not take any commercial benefit.
Transak has taken care to verify that the Bitcoin address belongs to the expected cause (the Ukrainian government) and that the funds will be used for a good cause. However, we cannot guarantee that this is the case. Donations are made at your own risk. Once the money is sent it cannot be returned, due to the nature of cryptocurrency transactions. Transak is not organized as a charitable or other nonprofit entity. It is not recognized as a tax-exempt entity under any state's laws and it does not qualify for Federal tax exemption under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. As a result, your contribution will not be deductible for Federal or state income tax purposes. This may also apply for similar schemes in countries other than the USA.