From the 4th of September, users of the Abra app have been able to access three new cryptocurrencies on the mobile app. These cryptocurrencies are Cardano (ADA), Tron (TRX) and Basic Attention Token (BAT). The team at Abra acknowledged the main reason for listing the new digital assets, was the constant requests from the app’s users to add them. The announcement went on to add that:
We’ve been getting a lot of user requests to add various coins and tokens to the Abra app, and we are working diligently to make that happen.
We are really excited to have these coins listed on Abra, and we are working to bring more investment options to Abra users.
28 Cryptocurrencies
The mobile app now supports 28 cryptocurrencies as can be seen in the screenshot below.
28 cryptocurrencies on Abra. Source, abra.com
The Abra wallet allows you to gain exposure to all these crytocurrencies without creating a separate wallet, managing separate keys, or figuring out how to buy these digital assets on a regular crypto exchange. You can also redeem your cryptocurrencies for Bitcoin or USD for withdrawal to your bank account.
Global and Flexible
For the aforementioned withdrawals, Abra allows users in the US and the Philippines to withdraw to their bank account. In the case of the latter country, residents in the Philippines can also deposit and withdraw funds to their wallet using a regular teller. This service is currently only available in the Philippines.
Listing Cardano (ADA) and Basic Attention Token (BAT) Before Coinbase
Popular American crypto exchange of Coinbase had earlier announced that it had plans to list the five digital assets of Cardano (ADA), Basic Attention Token (BAT), Ox (ZRX), ZCash (ZEC) and Stellar (XLM). The team at Abra have managed to beat Coinbase at listing 2 of the 5 digital assets.
Furthermore, it has been over 3 weeks since Coinbase made the announcement about exploring the possibilities of listing the 5 cryptocurrencies, therefore a verdict from the exchange should not be that far away in time.
