This post has been updated to reflect changes to the Abra app in November 2017 For over two years, Abra has provided free bank-to-bank transfers and convenient cash-based transfers for Filipino residents, OFWs, and their families in the Philippines and abroad. Since rolling out direct support for bitcoin in March 2017, we’re excited to say that the Philippines has also become one of our largest markets for customers buying bitcoin. With over 1500 Teller locations and major bank integrations supported throughout the country, this comes
At the beginning of any journey into the world of bitcoin, one is faced with a daunting amount of information about this new technology and the economy forming around it. The team at Abra is in the unique position of being one of the first points of human contact on this journey, and so we are able to help many of our customers answer their beginner questions about bitcoin. One question that often comes up is the question about what options are available for buying
Update: As of October 31, 2017 Abra Tellers are no longer available outside of the Philippines. Thanks to everyone who participated in this trial program and gave us valuable feedback. Two months ago we launched our global Teller program. We’ve since received hundreds of applications from all over the world and interviewed nearly as many people to find the most qualified candidates to become early Abra Tellers. We are excited to announce that as of today, Abra customers can now use Abra Tellers to make cash
Post update: For more information about the Abra recovery phrase, please check out our more recent post about the topic. Every Abra wallet is a bitcoin wallet that is used to store, send, and receive money. Like all bitcoin wallets, Abra uses special codes called “private keys” to authorize transactions. Anyone who has the private key to a bitcoin wallet can authorize transfers to other wallets. It is therefore very important to keep the private keys to your wallet safe and secure, away from prying
Abra is a bitcoin wallet that lets you hold, send, and receive money in over fifty different currencies, including bitcoin. One question we often get is whether we have any plans to add support for digital currency alternatives to bitcoin, also referred to as “altcoins”. While we have no plans to add direct support for holding altcoins in the app, it is possible to fund your Abra wallet with altcoins using a convenient exchange service like ShapeShift. ShapeShift is a digital vending machine for altcoins.