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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Abra by LUIS RIVERO R

Revainrating 5 out of 5

Abra is a blockchain wallet that supports several cryptocurrencies and is…

Abra is a blockchain wallet that supports several cryptocurrencies and is available for android and ios, ideal for P2P payments. However, the creators disclose the application as a way in which people can enter the world of cryptocurrencies by making small advances since it allows the entry of legitimate money, then it is possible to exchange it for any cryptocurrency listed, and the most important is easy to use something like a bank application. In general I would recommend it to all the people who are starting and who do not want complex methods of exchange houses, but always recommending their use with responsibility and not so many stored quantities.



Updated 5 years ago
Rating changed from 4 to 5
Wallet with characteristics of an investment platform
BTC purchase procedure really easy with a credit card, it is not necessary to have an account created in Abra. Just place the address and data of the card and you're done, the payment process is done with the Simplex platform. The main problem is that it only stops acquiring bitcoin would be interesting if LTC or Etherium was available.
Currently offers a traditional investment platform, now available for more than 150 countries. It is possible with Abra wallet to invest in shares with bitcoin.



Pros
  • Offers an integrated exchange Possibility of entering fiat money with card and cashier. Very easy the option to enter money with a card, it is also processed almost immediately. Supports 50 fiat coins. The user has control of their private keys. Multiple admitted motions. Easy to use.
Cons
  • It is not available in desktop version. To download the App you must enter your number to be sent the link, makes you doubt about the provacidad. Limitation of countries where fiat money is allowed Few assets are listed. Fees for income of fiat money are somewhat high.