How to Get Cryptocurrency for Free

Crypto has hit the mainstream. For example, U.S. crypto users will reach a projected 33.7 million in 2022, compared to just 15.3 million in 2020. Everyone wants to buy their favorite coins and tokens on their favorite platforms like Abra. However, there are ways to get cryptocurrency for free.  In this guide, we’ll explain everything you need to know about airdrops, staking and lending, reflection tokens, crypto referrals, and crypto faucets.  Let’s dive in and help you find ways to score free crypto.  Airdrops Airdrops are

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How Does a Crypto Loan Work?

Crypto Loan

Crypto loans are on the rise, with loan originations topping well over $100 billion in 2021, according to a Bloomberg report.  Unlike traditional loans —  which base approval on your credit history —  crypto loans offer a much faster approval process and use your crypto holdings as collateral. What’s more, crypto loans usually have lower interest rates than traditional loans.  As interest in this new financial tool increases, education about crypto lending will need to increase to meet the growing number of crypto borrowing products

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How Does Crypto Earn Interest?

Are you seeing more opportunities to earn interest on your crypto but unsure of what that means? How does crypto earn interest? The short answer is that most interest earned through crypto is a floating interest rate based on supply and demand. Although the rate fluctuates, most larger coins have a relatively stable APY. For example, Bitcoin (BTC) interest rates typically range between 2% to 7%. Stablecoins like USD Coin (USDC) tend to offer higher rates, often 8% or above. Our guide covers everything you

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CPRX in Abra Earn is Here!

At Abra, we’re always looking for ways to help make your crypto work better for you and to offer the most user-friendly products in the crypto banking sector. That’s why we’re excited to announce that Abra Earn now supports CPRX! Starting today, earn 3% APY on your CPRX token holdings.  What is Abra Earn? Abra is a crypto wealth management platform that allows users to trade, borrow, and earn interest on crypto.  One of our core products is Abra Earn — a crypto interest account

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Proof of Stake vs Proof of Work

Blockchain is now responsible for processing millions of crypto transactions each day, according to work from Statista. However, different coins process transactions differently. For example, Bitcoin processes transactions differ from Cardano or Solana. That’s because different blockchain networks use different consensus mechanisms.  Proof of Stake and Proof of Work are the two most popular consensus mechanisms. Each has a unique process to determine how validators agree on whether crypto transactions are valid or invalid. Our guide compares Proof of Stake vs Proof of Work to

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