Donating stock or cryptocurrency directly to a charity or a donor-advised fund (DAF) like Daffy can offer significant tax advantages. When you contribute long-term capital assets like stock or crypto to Daffy, you are eligible to take an immediate tax deduction for the full market value of the asset in the year the contribution is made. If the asset has appreciated in value since its initial purchase, you are not required to pay capital gains tax on the gain. This can result in substantial tax savings compared to selling the asset and donating the proceeds. For instance, if you bought a stock for $1,000 and it has now increased in value to $5,000, you can donate the stock to Daffy and claim a charitable deduction of $4,000 (the difference between the value of the stock when you bought it and its current value). By donating the stock directly, you avoid paying capital gains tax on the $4,000 of appreciation and can claim the full value of the appreciation as a charitable deduction. Donating stock or crypto to Daffy is not only tax-efficient but also a convenient way to support the charities and causes you care about. Daffy has a streamlined process to accept stock or crypto donations, making it as easy as transferring the assets from your brokerage account or crypto wallet to Daffy's account. As the holiday season approaches and you consider your charitable giving, think about the potential tax advantages of donating stock or crypto to Daffy. By doing so, you can support the causes you care about while potentially saving on your taxes. Always consult your tax specialist to understand your specific situation when making a stock or crypto contribution.