Every cryptocurrency project that wishes to stay competitive needs to offer unique utility to users. Verge’s amazing efficiency is what constitutes its utility. This is why Verge is extensively used by people as a means of donation. The entire infrastructure of Verge is intended for fast and low-cost transactions perfect for daily use. Moreover, XVG donations can be utilized in different settings and environments. NOWPayments’ solutions for accepting XVG donations can enable influencers, charities, and many other people and organizations to deploy their XVG coin donations gateway.
- XVG is the native crypto of Verge.
- The Verge cryptocurrency is sustainable and efficient.
- NOWPayments makes the process of accepting XVG donations easy.
What is Verge (XVG)?
Verge is a state-of-the-art blockchain that provides the ultimate solution for everyday users of cryptocurrency. Verge allows them to make quick and inexpensive transactions. The Verge project was initially established in 2014 under the name DogeCoinDark. In 2016, it underwent a rebranding and became Verge Currency. Verge currency is a fully open-source project run entirely by volunteer community members.
Who can accept XVG donations
There are hundreds of influencers on social media who have massive followings across different platforms. Those influencers who collect donations can consider using the XVG coin as an inexpensive donation method. After all, XVG has average transaction fees of less than $0.01 which is much lower than the fees charged by the traditional donation processing services such as PayPal.
Charities are another group of potential beneficiaries of XVG donations. Many people donate to charities anonymously, yet standard donation methods such as bank transfers cannot provide the desired level of confidentiality to donors. This is why charities that wish to have a private donation option can rely on the Verge crypto. Charities that have integrated XVG donations can be certain that their donors who value confidentiality will not have any problem donating privately next time.
Streamers also frequently receive donations. In fact, in some cases, donations are the main source of income for streamers, so they always approach them seriously. Donations constitute one of the key elements which help the audience to interact and communicate with a streamer. The fast crypto transactions offered by the XVG crypto can facilitate the communication between the streamer and their fans by helping them to avoid delays in the messages transmitted together with donations.
Musicians always strive to promote their music globally so that it reaches all nooks and crannies of the planet. As a result, they tend to get many international fans from all over the world. Some of these fans support musicians by donating to them. XVG transactions are borderless and therefore they are perfect for musicians who wish to have a universal donation method for all of their international listeners.
Politicians usually raise money for their campaigns and in such matters, they need to aim at the highest degree of transparency. The Verge blockchain is absolutely transparent meaning that information about transactions and crypto addresses is available to the public. By accepting the XVG cryptocurrency, politicians will be able to present verified information to the voters about how much cryptocurrency they have raised and spent.
How XVG donations benefit your project
As mentioned above, XVG transactions are not tied to any names or any other sensitive information about the sender and the recipient. This is why XVG donations are a perfect private donation solution for organizations and individuals that want to help their donors maintain their anonymity. So, the XVG cryptocurrency is the ultimate option for all privacy-conscious non-profits and influencers.
The XVG cryptocurrency enables organizations to reduce their expenses on fees. The Verge currency transactions cost 0.1 XVG which is less than 1 cent. Basically, XVG donations can save organizations and individuals large sums of money. Moreover, lower fees can encourage donors to increase the size of their donations or their frequency which is also beneficial for those who collect donations.
It was also mentioned that the Verge coin donation is much faster than any of the alternatives. For instance, mainstream donation methods such as bank transfers may take days to reach the recipient. In the case of the Verge crypto, transactions reach their recipients in a matter of seconds.
Sustainability is a factor that should never be ignored neither by businesses nor non-profit organizations. The Verge blockchain is among the most environment-friendly networks in the industry. Verge consumes much less electricity than Bitcoin and Ethereum. This is why XVG is a much more sustainable crypto donation solution than many of the alternatives.
Finally, featuring XVG donations can help non-profits, charities, bloggers, and influencers to attract more people to donate to them. The crypto community is extremely charitable and willing to help and support different projects, especially those that use their favorite coins. The XVG community will be more than happy to donate their coins to XVG-powered causes.
How to accept XVG donations
Organizations and individuals can begin accepting XVG donations in different ways. Twitch streamers can utilize a special crypto donations button designed by NOWPayments.
Influencers and charities who have their own websites or blogs, as well as writers, musicians, artists, and photographers, can deploy an XVG payments widget. The widget itself lets you feature as many crypto payment methods as you would like.
Finally, people and organizations with accounts on Twitter, Instagram, Facebook, TikTok, and other similar platforms, can receive XVG donations using a simple link.
XVG is a fast and low-cost cryptocurrency. NOWPayments assists organizations and individuals in accepting XVG donations.