Abra Crypto Wallet Joins Forces With Coinify To Expand European Market Services

Abra, a digital currency exchange and wallet app, has formed a partnership with Coinify, a gateway platform for virtual currencies. As a result, Abra will now extend its crypto trading services to European countries. Fundamentally, Coinify will enable Abra wallets to seamlessly convert cryptocurrencies into fiat money, and vice versa. In turn, this will allow European clients to easily acquire Bitcoin using bank transfers.

We're excited to announce our partnership with @AbraGlobal! Abra Wallet users can now purchase bitcoin via bank transfers via Coinify! https://t.co/SGlndtZex3 #cryptocurrency #partnerships pic.twitter.com/6YcPF9ttoi

— Coinify (@coinify) September 5, 2018

Mark Højgaard, the CEO of Coinify, lauded the collaboration with Abra, saying that the increased adoption of digital currencies will contributed to the growth of their wallet service. Mark added that the entry into the European market conforms to their objective of bridging the gap between digital currencies and fiat money. Moving forward, Mark said that Coinify will work together with Abra to onboard more users into the multi-currency conversion platform.