this post was submitted on 28 Feb 2024
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Lemmy.World Announcements

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There's some unrest because the Open Collective Foundation is stopping.

Don't worry, we use Open Collective Europe as a donations platform, they're going nowhere.

We've added some donation platforms, so if you would like to support us running our .world servers, you can do so here:

And for those wanting to donate crypto:

  • Monero address: 83tnuFN4f28jRxTBW9qGDad2U23qNE5nfeW4Pfyd85oWMW7J9gqpXi3S8FDbX5uEeCAKcGnSpS2XT5dGwYiELthg8XuDrxH
  • Cardano address: addr1v9qv6xvfwcx9ny56uag4umu6238sw2e7ff2kcxl3qe7p9esayjxgu

Thank you!

[Edit] Some of the links were broken, they should now all work! [Edit 20240314: Added Liberapay]

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[โ€“] mesamunefire@lemmy.world 9 points 9 months ago* (last edited 9 months ago) (2 children)

Which one of the platforms do you all get more money? I want to donate but I know each of the services get a cut.

[โ€“] ruud@lemmy.world 8 points 9 months ago

Ko-Fi or PayPal directly, or crypto

[โ€“] Crack0n7uesday@lemmy.world -1 points 9 months ago (1 children)

As a basic principal crypto has the lowest transaction fees. I'm not a lemmy dev so idk what they prefer, but general rule is crypto is cheapest.

[โ€“] qaz@lemmy.world 6 points 9 months ago* (last edited 9 months ago) (1 children)

I seriously doubt Bitcoin fees are less than PayPal

EDIT: I just checked and the bitcoin transfer fee over the last 3 years was about $1-2, but it has been around $10 the last 3 months. PayPal charges a $2 fee for a $30 payment. The difference is a lot less than I expected.

Oh, and Ruud is a sysadmin of the lemmy.world instance, not a Lemmy dev.

EDIT 2: Ko-fi seems to take a 0% fee on one time transactions.

[โ€“] Crack0n7uesday@lemmy.world 4 points 9 months ago (1 children)

for small amounts of money, PayPal, cash app whatever is cheap to free, but if you need to send thousands of dollars and convert your currency from USD to Euro or whatever crypto is the cheapest way to do it.

[โ€“] NateNate60@lemmy.world 1 points 9 months ago* (last edited 9 months ago)

Once you hit the millions mark, strangely enough, it again becomes cheaper to use fiat. For 1,000,000 USD, Kraken Pro's fee rate is 0.18%, or 1,800 USD to buy and 1,800 USD to sell, totalling 3,600 USD plus exchange rate risk. A USD wire transfer usually costs 20-35 USD to send and 0-10 USD to receive.