Abra - A User-friendly Cryptocurrency Wallet and Exchange

By msimyunn | crypto saving | 7 Nov 2019


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Philippines might be late in cryptocurrency adoption than other asian country like Japan or South Korea, but it does not mean that it was not blessed with cryptocurrency wallet.

One of these wallets is Abra, unlike Binance and Bitrue or any other exchange that requires advance trading knowledge, Abra is simple and easy-to-use wallet and exchange.

 

Deposit and Withdrawal

Deposit and withdrawal can be made in cash (Php) through Tambunting, Bank, or 7-11 Stores. And in cryptocurrency using Bitcoin, Ethereaum or Bitcoin Cash, or by buying cryptocurrency through Visa/Mastercard using third party gateway.

 

Pros

The advantages of Abra are - so easy to use, user-friendly and lightweight; available to other 150 countries; and unlike coins.ph that only supports four cryptocurrency coins, Abra supports 30 coins; lastly it can be use as forex or stocks trading too.

 

Cons

Not all coins in the wallet are transferable. The wallet can not be exported to other wallet. Gain/loss can not be easily monitored unless a third party app is use.

 

 

Reference

https://support.abra.com/hc/en-us

 

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msimyunn
msimyunn

Schooled to be an engineer, work as a firefighter. Cryptocurrency enthusiast. Pro proof-of-stake and masternode


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