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Description

With Abra you can invest in cryptocurrencies like Bitcoin, Ethereum, Ripple, OmiseGo, Zcash and many more, all in one app. Featured in Forbes, CNN Money, Wall Street Journal, Planet of the Apps, Coindesk, Techcrunch & more.

Abra combines a safe cryptocurrency wallet and exchange in an easy to use app with only one recovery phrase to manage.

You can add money to your wallet using fiat (USD, PHP) or bitcoin and exchange to the currency of your choice, anytime you want, almost instantly.

Abra also enables you to store bitcoin purchased from an external cryptocurrency exchange or bitcoin wallet, like Coinbase, GDAX, Kraken, CEX.io, Binance, Bittrex, Bitfinex, Shapeshift, Mycelium, etc.

** BENEFITS **

With Abra you can:
* Buy, sell and hold bitcoin
* Invest in a variety of cryptocurrencies, including BTC, BCH, DASH, DOGE, ETH, ETC, GNT, LTC, OMG, QTUM, XRP, VTC and ZEC
*Exchange between currencies whenever you want. For instance, invest in cryptocurrencies like Ripple or Ethereum by exchanging from US Dollars.
* Hedge your investment portfolio in a quick, easy and safe manner. If you believe the value of cryptocurrencies will drop, or you just want to lock-in profits, exchange from crypto to US Dollars (or any other currency).
* Hold your investments in a free, safe, non-custodial wallet where YOU control your money, not us.

** FUNDING METHODS **

Abra is a global, bitcoin-based, non-custodial wallet with several ways to cash in, depending on where you live:

Add money to your wallet using:
* Bank: We support a variety of major and regional banks in the US and Philippines
* Cash: Use the app to find an Abra Teller in the Philippines
* American Express: US only. Eligible consumer cards include Amex cards, Bluebird, and Serve
* Bitcoin purchased externally: You can securely transfer bitcoin purchased outside Abra into your Abra wallet

Abra allows you to invest in several popular cryptocurrencies currently:

* Bitcoin (BTC): The original blockchain that enables decentralized payments and store of value
* Bitcoin Cash (BCH): A fork of bitcoin with capacity for larger blocks and currently offers faster transactions
* Dash (DASH): A blockchain that pioneered built-in governance and privacy
* Dogecoin (DOGE): A cryptocurrency with a history of charitable contributions
* Ethereum (ETH): A decentralized blockchain platform that runs smart contracts
* Ethereum Classic (ETC): A fork of Ethereum that is immutable
* Golem (GNT): A decentralized blockchain that creates a global market for idle computer power
* Litecoin (LTC): One of the first altcoins, a fork of Bitcoin with fast and cheap transactions
* OmiseGO (OMG): A cryptocurrency aiming to provide financial inclusion through a public, decentralized network
* Qtum (QTUM): A smart contract platform that can interoperate with smart contracts on other blockchains
* Ripple (XRP): A blockchain focusing on faster bank-to-bank transactions, created by a centralized company called Ripple
* Vertcoin (VTC): A cryptocurrency built to resist ASIC mining, and thus centralized mining control
* Zcash (ZEC): A privacy-focused cryptocurrency with the option to create completely anonymous transactions

These additional cryptos will be rolled out in the next few weeks:

* Bitcoin Gold (BTG): A fork of Bitcoin that is attempting to be more decentralized than Bitcoin
* Stellar Lumens (XLM): A cryptocurrency focused on cross-border payments
* DigiByte (DGB): A security-focused blockchain
* Augur (REP): A decentralized platform that enables a prediction market
* Status (SNT): A blockchain that creates an ecosystem of decentralized apps, messaging and payments
* Stratis (STRAT): A platform that helps organizations run smart contracts on its blockchain network
* 0x (ZRX): A blockchain that has implemented series of smart contracts, to enable decentralized exchange of other ERC20 tokens.

Contact us
* www.abra.com
* contact@abra.com
* Twitter: @AbraGlobal
* https://www.facebook.com/GoAbraGlobal/

What's New

Version 3.9.0

With Abra 3.9.0 for iOS, you can now invest in seven additional cryptocurrencies, for a total of 20.
• 0x (ZRX)
• Augur (REP)
• Bitcoin Gold (BTG)
• DigiByte (DGB)
• Status (SNT)
• Stellar Lumens (XLM)
• Stratis (STRAT)

Ratings and Reviews

4.5 out of 5

2K Ratings

2K Ratings

Photo ID Upload Terrible!

Jeffro1111

Abra worked fine for me during the initial crypto buying process (although the limits were too low). However - when it came time for me to sell a little crypto for $USD, I could not accomplish this using Abra. The daily limit was so low, it would have taken me days to complete the most simple sell order. When I attempted to "increase daily limits" by uploading my drivers license, the system rejected my photo over 30 times! Yes - I consulted Abra's web site and email support. I am a photographer, so I know that the photo must be clear, edge to edge, on a dark background, no glare, etc. (Note, Virginia licenses have a transparent secondary photo that will not show well on a dark background). I contacted support, I was told, "Unfortunately we do not have much control over this process since the ID is validated by our banking partner and they use an automated system.". No willingness to own the problem and contact the banking partner on my behalf, I was told just, "sorry for the inconvenience". Well, my inconvenience with Abra is over. So - Abra, I'm "sorry", but I have deleted your app and have no problem performing my trades (nor uploading IDs) using other services, using increased limits.

Developer Response

Hi Jeffro1111, thank you for the feedback. We do have a wire program, application : abra.com/wires that would allow you to deposit or withdraw 2-30k per wire, per day to/from your bank. We cannot submit ID on behalf of users at this time and unfortunately the automated process is our banking partner's, so we are unable to bypass their process. It is extremely inconvenient and we hope that the process is improved. Our apologies for the poor experience, Ryan

Too good to be true

Cebert xela

The app sounds good, has flexibility for funding, diverse coin options. Once you get into it you find out there are limitations to amount you can fund, which I was ok with. I fund my account initially using a credit card, went with max daily allowance $200), which went through without an issue (with service charge $208). Tried to fund to the max allowable daily limit the next day and card gets declined. I try to link my bank account after this and shortly after I receive an email requesting additional verification, which I found excessive and seemed like a phishing attempt. They required a photo of an ID, a selfie of you holding the ID, and a image of the bank statement for the account you linked. Only after they accepted my initial credit card transfer was when this level of verification was requested and now required. I also spoke to my credit card company to figure out why my card was being declined and said that I was only allowed $200 per day including the service charge of 4%. Only when I circled back to ABRA about this did I find out they required the level of verification described above. Not a good experience unfortunately.

Developer Response

Sorry your experience has not been a more positive one. We have daily, weekly, monthly limits for bank transactions that can be upgraded with additional ID verification and application process (i.e. Abra wire program). Limits also apply to AMEX cards and these limits are set for now. We are very meticulously on validating users for your own protection and ours thus all that additional documentation. Again, we are sorry for any inconvenience. If you feel you may be interested to increase your funding limits and would like to apply to our Wire program, please contact us directly so we can let you know more details. - More feedback? please write us at support@abra.com

Not good for transferring to bank

Geoffrey E.

Guys, watch out for places like this that don’t allow you to withdraw to your bank, and won’t give you a reason. This is generally a scam and they’ll end up taking coins from you. (From numerous reports that have been posted) I can also see, from other reviews; I’m far from the first person to have this issue, and when the developer replies, they don’t address this issue, they just “hope you’ll give Abra a shot.” Not saying this is the case, but beware. I’ve had no issues with any exchange regarding bank withdraws, besides this one. This is the only one that won’t allow me to withdraw, and I’m kind of worried.

As many issues you guys are having with your “partner bank” who handles this stuff for you guys, I would certainly go with another partner to handle this, or take it into your own hands. It seems like Abra has good values, but since you guys can’t give the reasons, I’m assuming it’s the sorry excuse of a partner Abra is using. I’ve been dealing and investing in crypto currency for years. Recently signed up for Abra.

This is the only issue with this exchange (which is huge). Fix this issue and I’ll give it 5 stars.

Developer Response

Your feedback is very appreciated. Unfortunately, when the Abra wallet is disabled to transact using a financial institution your funds CAN STILL be withdrawn via BTC (and soon LTC) to an external crypto wallet and from there you can withdraw them back to your bank account linked to that third-party wallet. Exchanging USD/fiat to BTC is free of charge for now. Withdrawing BTC out of the Abra will incur on a network fee (which Abra does not profit from). While these network fees are a bit high, this 'problem' will go away once we support native LTC (very soon). Again, we appreciate your comments and do we hope you give the app a try. - More feedback? please write us at support@abra.com

Information

Seller
Plutus Financial, Inc.
Size
146.3 MB
Category
Finance
Compatibility
Requires iOS 9.3 or later. Compatible with iPhone, iPad, and iPod touch.
Languages
English
Age Rating
Rated 4+
Copyright
© Plutus Financial, Inc.
Price
Free

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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