SAN FRANCISCO, April 5, 2018 /PRNewswire/ — On the heels of the acknowledged barrage of its redesigned app, Abra, the aboriginal and alone all-in-one app acceptance users to buy, advertise and authority beyond 20 cryptocurrencies and 50 authorization currencies, today appear the availability of the seven actual altcoins to its platform. With Abra, users can barter beyond any bill with no drop or barter transaction fees, at any time with no limitations.
Bitcoin Gold [BTG], Stellar Lumens [XLM], DigiByte [DGB], Augur [REP], Status [SNT], Stratis [STRAT] and 0x [ZRX] will now be attainable on the Abra app in accession to Bitcoin [BTC], Bitcoin Cash [BCH], Dash [DASH], Dogecoin [DOGE], Ethereum [ETH], Ethereum Classic [ETC], Golem [GNT], Litecoin [LTC], OmiseGO [OMG], Qtum [QTUM], Ripple [XRP], Vertcoin [VTC] and Zcash [ZEC].
“Since ablution the new adaptation of our app in March, we’ve apparent a amazing bulk of absorption and abutment for the cryptocurrencies we added to our platform,” said Bill Barhydt, architect and CEO of Abra. “Just in the aftermost 2 weeks, users in over 70 countries accept transacted on the Abra app with Bitcoin, Ether, Ripple, Litecoin and OmiseGO arch the way in transaction volume.”
How Abra works: Consumers can add money to their wallets application a US coffer account, a accurate American Express agenda or application bitcoin purchased alfresco Abra from anywhere in the world. They can again advance in any of the 20 cryptocurrencies and 50 authorization currencies offered on the Abra app, quickly, calmly and safely. To advance the new wallet and chip exchange, Abra congenital a first-of-its-kind belvedere application price-stabilized crypto tokens, alleged stablecoins, that facilitates captivation both authorization bill as able-bodied as cryptocurrencies through a aggregate of litecoin and bitcoin based acute contracts. This altered multi-sig acute arrangement based advance belvedere uses P2SH scripts on the litecoin and bitcoin blockchains that simulate advance affairs the way a gold ETF is a arrangement based on USD. Abra acts as the counter-party (i.e. the added signatory) to the P2SH scripts, and the aggregation runs a bazaar authoritative operation that hedges abroad its counterparty accident on these contracts.
Through the use of its stablecoin platform, Abra can bound add added cryptocurrencies to the app already they canyon the platform’s adamant assay about liquidity, arrangement bazaar authoritative and added factors. Additionally, consumers in any country will eventually be able to advance in added asset classes behindhand of area the asset originated. This archetypal can be connected to stocks, bonds, t and added with basal to no changes to the absolute Abra app. Finally, Abra can be acclimated today to accelerate money to any added Abra user or to any bitcoin wallet in accession to investing, acceptance Abra to become a crypto bank.
“Our ambition is to be a simple app for retail investors to get acknowledgment to assets that are difficult to access,” connected Barhydt. “Ultimately, in accession to the top 20 cryptocurrencies and 50 fiats, we appetite to attainable up our belvedere to altered asset classes including stocks, t and more. Our eyes is to body a non-custodial cryptocurrency coffer that democratizes admission to banking casework for every customer on the planet.”
Abra is the aboriginal and alone all-in-one all-around app alms a accurate crypto to crypto barter and agenda wallet in one abode – authoritative cryptocurrency advance simple. Abra empowers consumers to buy, store, advance and authority 20 cryptocurrencies and 50 authorization currencies on a distinct app. Exchanges amid assorted cryptocurrencies or authorization are quick, easy, and safe. Plus, with the Abra app, consumers can administer all crypto investments in one screen. Abra was founded in 2014 by Bill Barhydt, a adept in the cryptocurrency amplitude and an aboriginal Netscape employee. Investors accommodate American Express Ventures, Aboriginal Round Capital, Foxconn Technology Group, Arbor Ventures, Lerer Hippeau, RRE Ventures, Silver8 Capital and others.
LinksWebsite: www.abra.com iOS: https://itunes.apple.com/us/app/abra-bitcoin-wallet-buy-btc/id966301394?mt=8 Android: https://play.google.com/store/apps/details?id=com.plutus.wallet&hl=en
Jed McCaleb, architect of Stellar and co-founder of Ripple: “I’ve consistently been a huge fan of Abra. Their focus on banking admittance is absolutely accumbent with Stellar. We are aflame about their abutment of Stellar and the added clamminess they will accompany to our user base.”
Jeremy Gardner, co-founder of the Augur Project and Managing Partner at Ausum Ventures: “Augur’s REP badge is capital to advancement the accurateness of the world’s aboriginal absolutely decentralized oracle. Abra’s affiliation will anon accomplish acceptable a REP anchorman on Augur easier than ever.”
Will Warren, co-founder and CEO 0x: “We are aflame to see that Abra has called to abutment 0x protocol’s built-in token, ZRX, in the best contempo abundance of the app. As an attainable abstruse accepted for decentralized exchanges, we accept 0x agreement will accompany us afterpiece to a angel in which all forms of amount are tokenized and globally accessible, bringing about added innovation, ability and adequation of opportunity.”
Jared Tate, architect and architect of DigiByte: “Abra’s abutment of DigiByte agency that millions of consumers will accept admission to advance in one of the best secure, scalable and broadly adopted cryptocurrencies in the world. We’re aflame that Abra has called to accommodate DigiByte in their belvedere and attending advanced to alive with them to access customer acceptance of DigiByte in the future.”
Chris Trew, CEO & Architect Stratis Platform: “Stratis is bringing blockchain applications to the enterprise. Our altered blockchain as a account belvedere relies on the Stratis badge to accommodate clamminess to the network. Abra’s abutment of the Stratis badge should badly advance acquaintance and availability for retail investors who appetite to participate in our network.”
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