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The last couple of months have brought along numerous investment possibilities for those interested in the digital currency market. However, often enough, it is difficult for people to invest, given the wide array of platforms available, limited support for certain currencies, the need to have multiple accounts on a set of platforms and more. 

Abra represents a global app which allows users to purchase, store, manage and invest in a total of 20 cryptocurrencies, all via the same platform.  

Getting Started

When it comes down to getting started with Abra, the process is fairly simple. Users simply have to browse the iOS App Store or Google Play for the application and download it. Once this is out of the way, signing up takes only a few minutes, and requires few personal details. Following the account creation, Abra will automatically create a digital currency wallet, where users can store all of their crypto assets.  

Adding Funds

Adding funds to the wallet is also simple. At this time, Abra accepts several payment methods, these being a bank account, American Express cards, cash, or mobile-based payments. Not only this, but bitcoin is also accepted as a wallet funding payment method. Most of the times, funding the wallet will take approximately one day.  

Instantly Invest in Multiple Cryptocurrency

Once there is money available in the wallet, users will be able to start investing in the digital currencies of choice. These include Augur, Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Digibyte, Ethereum, Golem, Dogecoin, Ethereum Classic, Litecoin, Qtum, Status, 0MiseGo, Ripple, Stellar Lumens, Vertcoin, 0x, Stratis, and Zcash. The app includes real-time exchange services for all supported cryptos, thus making the process of buying and selling as simple as possible.   


In terms of security, Abra has decided to offer a non-custodial wallet, which means that users and users only are given access to the private keys or the recovery phrase of the wallet which is also called a seed. Additionally, multi-signature technology is also available, as a method of keeping funds safe. 

What makes Abra special when compared to other crypto wallets with integrated crypto-to-crypto exchanges, is the fact that it also allows you to not only sell fiat for crypto and vice-versa but also to withdraw funds via several methods. These include bank transfers, tellers, and bitcoin. In the Philippines, cash-based deposits and withdrawals are also accepted.  

In terms of its usability, Abra has been designed to be user-friendly, by granting clients a one-stop solution for most of their crypto needs. ICO investments via tokens are not yet supported, which may be a slight downside, but for those who are interested in general digital currency investments, Abra can surely help.  

Based on everything that has been outlined so far, Abra is a one-stop solution for crypto investors who no longer want to deal with the hassle of managing multiple accounts, and would rather keep their crypto investments on one platform only.  

Website: https://www.abra.com/

Date Updated: Apr. 10, 2019 11:55 PM UTC+8 PHT

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