Donald Trump Campaign Accept Crypto Donations

In contrast to Biden’s anti-crypto posture, Donald Trump’s 2024 campaign is currently accepting cryptocurrency donations.

Key Takeaways:

• The campaign of the former president Donald Trump has begun to take payments in the form of cryptocurrencies, such as Ether and Bitcoin.
• Sen. Elizabeth Warren’s “anti-crypto army” is what Trump hopes to oppose by creating a “crypto army.”
• A Coinbase Commerce page featuring MetaMask and Coinbase Wallet choices is where donations can be made.

Donald Trump Campaign Accepts Crypto Donations for 2024

Along with Senator Elizabeth Warren’s “anti-crypto army,” Trump’s campaign has pledged to “build a crypto army” to fight back. Even while Trump hasn’t laid down any concrete crypto policy just yet, his followers see this as a step in the right direction. This is a huge change from the anti-crypto stance taken by the Biden administration. During his 2024 campaign, Trump plans to capitalize on the rising power of digital currencies by taking crypto donations.

A large segment of the cryptocurrency community, which has been marginalized by existing regulations, could be enticed by this move, according to its proponents. Many perceive Trump’s use of Bitcoin as a smart strategy to win over supporters and set himself apart from his political rivals.

Bitcoin, Shiba Inu, Dogecoin, Ethereum, USD Stablecoin, Solana, and Ripple are all acceptable cryptocurrencies for donations to the Trump campaign. Trump has shown his dedication to the digital asset market by accepting a wide spectrum of cryptocurrencies. After supporters fill out the form on Trump’s website, they will be taken to a Coinbase Commerce page to complete the process. Some examples of such self-custodial wallets are Coinbase Wallet and MetaMask.

Trump’s engagement with digital assets has been expanding since the late 2022 debut of Trump Trading Cards, NFTs based on Polygon. It was these NFT holders’ recent pro-crypto remarks that were inspired by a Mar-a-Lago event in which they invested thousands of dollars to attend.

Political Distraction for Crypto-Skeptics Increases

The digital asset market may also be impacted by Trump’s stated support for crypto. Spot Ethereum ETFs have a better chance of approval this month due to political pressure at the US Securities and Exchange Commission, according to analysts. A meme coin called Doland Tremp, named after the previous president, has been gaining ground this week and is headquartered in Solana. As cryptocurrency has gained prominence in American politics, the token’s value increased by 150% to $1.30 in the past week, as reported by CoinGecko.

The pressure on crypto skeptics on Capitol Hill, like Elizabeth Warren, will increase as Trump’s crypto campaign comes to fruition, according to a politically connected crypto CEO. A possible shift in the political climate around digital assets may result from Trump’s position, which is considered as a rejection of the policies of the present administration.

How to Trade Crypto Futures on BTCC?

Now you can trade BTC on  BTCC. BTCC supports a diverse selection of cryptocurrencies for trading. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and others. BTCC also offers products such as crypto, gold, and tokenized stocks to help investors rationally allocate their assets.

1. Register an Account

Join BTCC now and get up to 10,055 USDT when you deposit and trade. Click the button below to sign up now.

2. Deposit Funds

Once your account is set up, you’ll need to deposit funds into your BTCC account. BTCC may offer various deposit methods such as bank transfers, cryptocurrency deposits, or other payment options. Choose the method that works best for you and follow the instructions provided to deposit funds into your account. BTCC mainly offers USDT margin and future trading. Therefore, you need to buy USDT  before trading.

How to Buy Tether USDT Guide

3.How to trade BTC?

Here are the steps to trade BTC on BTCC

1) First, tap “Futures” on the website homepage

2) Select a product you would like to trade from the list here. BTCC currently offers daily and perpetual futures

3) Check time to settlement.  The settlement time of these futures type is different, you can check the time for settlement for each product here.

4) After choosing product, you can decide whther you would like to buy or sell it.  You only need to own USDT to trade USDT-margined futures.  That is to say you can sell BTCUSDT futures without owing any BTC Coin.

5) Then select your order type, and choose your leverage.

If you choose Limit or SL/TP order, you will need to enter your order price here.

Enter the quantity or choose the percentage under the quantity field.

You can also set up stop loss or take profit targets to limit losses or maximise earnings.

6)After everything is set up, Buy or  Sell to play your order. A confirmation window will show up,  check if all info is correct and click [Confirm] to open the position.