Undeniably, more and more cryptos are being created every day, so we can be sure that the times when Bitcoin had the market to its own merely is gone forever. It is because of this that results imperative to have a variety of options to play with when it comes to exchanges, wallets, and any platform to operate with crypto and fiat currencies obscurely.
In this sense, one of the preferred platforms to exchange fiat to crypto and vice-versa is the ABRA wallet, one of the most extensive services in the world of digital money.
ABRA has made a horde of announcements in the last days that promise to shake the crypto world, including the addition of three new cryptocurrencies to its platform, and the diversification of the payment methods allowed in the network. Let’s see all the details behind the wallet update.
ABRA updates
Yesterday, ABRA announced that Cardano (ADA), and TRON (TRX) are currently integrated into their systems, so users can now fund their wallets with these top cryptos. It was also known that the company is planning to include Bitcoin Cash (BCH) as well, a milestone that would count a total of 28 cryptos accepted in the network, one of the widest repertories in the industry.
Announcing our latest additions: @ADAcoin_ @AttentionToken $TRX https://t.co/hUHhsiuW1t @Tronfoundation @justinsuntron @CardanoStiftung @BrendanEich
— Abra (@AbraGlobal) September 4, 2018
However, this is not the end. The company is planning to diversify their payment options as it aims to include the benefit of funding from European bank accounts as well, a fact that will open the doors for all of the European traders in the European Union.
Let’s recall that before this announcement ABRA users had the option to fund their wallets by bank and wire transfers in the United States, as well as with Mastercard, American Express, and other debit and credit cards from all around the world.
Like this, ABRA is actually ready to conquer the financial world by offering investors of all sorts the opportunity of accessing an incredibly broad range of options related to digital currencies, a fact that, to say the least, the platform is accomplishing with an incredible ease.
In fact, its main competitor Coinbase, is way beneath this level; only offering its users 5 cryptos, Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH) and of course, Bitcoin (BTC), and a short repertory of fiat options versus the 50+ alternatives that ABRA offers in fiat currencies such as AUD, USD, NZD, EUR, and many others.
Conclusion
The latest Abra crypto updates represent a significant advancement in the cryptocurrency world as it gives enthusiasts and investors more excellent opportunities to play with, and that’s precisely what we’re all looking for concerning usability. On the other hand, it represents a low blow for Coinbase, which now has to look to diversify its offer to keep on the picture. And why not, who would not want Coinbase to list Cardano and Tron as Abra just did?
If you want to get more information about ABRA, please go to their website abra[dot]com and find out everything about the latest updates and developments of the wallet service.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.
Photo by Nicole Honeywill on Unsplash
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