February 20, 2024

Abra app users will get access to 200 cryptocurrencies

The Abra investment app will expand the list of available cryptocurrencies for users around the world. INOver the next few weeks, support for 200 cryptocurrencies will be added.

California company will provide access to 60cryptocurrencies to users from the USA. Already, they can deposit and withdraw funds in the stablecoin Tether, TUSD, PAXOS and DAI. There are no plans to introduce restrictions on the volume of transactions, but limits on depositing money into American banks have increased to $ 4,000 per day, $ 8,000 per week and $ 16,000 per month.

“After traveling the world and discussing with hundredsAt Abra, we realized that freedom of choice becomes crucial when it comes to investing in cryptocurrencies, ”said Bill Barhydt, CEO of Abra.

In September, Abra began selling cryptocurrencies forFilipino pesos at 6,000 stores at 7-Eleven. The service allows any user of the Abra wallet to purchase cryptocurrencies through the application or kiosks 7-Eleven CLIQQ.