Abra Bitcoin Wallet Adds New Coins: Tron (TRX), Cardano (ADA) And BAT
Abra has revealed that it will now support Tron (TRX), Basic Attention Token (BAT) and Cardano (ADA) on its intuitive app. This app allows investors to purchase, invest, store and deal in more than 28 different cryptocurrencies securely in one place. You can fund your Abra seamlessly through bank transfer, Litecoin, bitcoin, debit/credit card and start trading in the leading crypto coins.
The decision to add TRX, ADA, and BAT, was driven by multiple user requests and the developers obliged to ensure the needs of the community were met.
Abra Bitcoin Wallet Adds New Coins
Here is a brief overview of the new crypto coins now available on Abra:
Cardano is similar to the Ethereum project, and it is a multi-layered blockchain platform that is created for bridging the existing gap between conventional financial infrastructures and emerging cryptocurrencies. The use of a layered architecture helps Cardano to deliver better scaling with fast customization and upgrades.
Tron was founded last year in 2017, and it was made to improve file storing and sharing for the entertainment industry across the world. The vision is to transform the current economics and business structure of sharing content by connecting consumers and content producers in a secure, decentralized manner. This company recently acquired the P2P file sharing platform BitTorrent as part of the expansion process.
Basic Attention Token (BAT)
BAT is a crucial part of an extensive ecosystem that looks to transform the way digital advertising functions. This token runs on Ethereum’s blockchain and plans on monetizing user attention as well as improving the relationship between consumers, advertisers and internet publishers through disrupting trackers.
Giving Abra Users More Crypto Options
Abra revealed that it was delighted to list the new crypto coins on its platform while giving the assurance that it is still working to get more altcoins for its users. Before any coin is listed on this app, it must go through a rigorous and comprehensive vetting process, which includes checking for various factors like the currency’s liquidity among others. Once a coin meets all those criteria, they are added to Abra’s currency system, thus leveraging the platforms stable coin model.
Most importantly, since all of these coins are based in the blockchain, the Abra app wallet is more secure as it is non-custodial. The app also has a straightforward user interface with easy funding options that include the ability to buy bitcoin from bank accounts directly, wire transfers, Mastercard and Visa.
To access these new coins, you will need to update your Abra app on your phone. Abra wants to make sure that their clients can invest in any cryptocurrency that they wish to quickly and easily, without having to deal with the hassles of high fees and multiple transactions.