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We are excited to announce that we now support direct Litecoin (LTC) deposits and withdrawals. This means you can fund your wallet with Litecoin and gain exposure to any of the digital assets listed on Abra. Litecoin has been one of the most popular assets in terms of transaction volume and we want to provide easy on-ramps for the Litecoin community to invest.
We are working on supporting direct deposits and withdrawals for other cryptocurrencies on our platform. So stay tuned for future updates!
Also, Monero (XMR), NEO (NEO), NEM (XEM), Lisk (LSK), and Verge (XVG) recently went live on Abra! You can now exchange 25 cryptocurrencies and 50+ fiat currencies in the app. We really value your feedback, so feel free to let us know in the comments below which cryptocurrencies you want to see on Abra.
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Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.
Based in the United States, Abra is available in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers, $7B in transactions processed, and $1.5B in assets under management, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, pymnts.com reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.
How Abra Protects Your Funds
Abra places clients’ financial objectives and security first. Abra practices a culture of risk management across all levels and functions within the organization.
Abra employs a state-of-the-art enterprise risk management framework that comprises a comprehensive set of policies, procedures, and practices detailing all applicable risk-related objectives and constraints for the entirety of the business. Abra has instituted a complete set of requisite systems and controls that continuously enforce these policies, procedures, and practices to manage all operations, including credit and lending. Abra’s independent Risk Committee comprises experienced compliance, risk, securities, and fraud operations professionals with backgrounds in industries ranging from traditional and digital assets banking, payments, remittance, to fintech.
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Peter1705 days ago
Is not possible, to send BTC direct to another platform/exchange ?
Or due i need to exchange to fiat and then send ?
Daniel McGlynn1705 days ago
You can send BTC, BCH and LTC from directly from Abra to another wallet. Check out this page for more info https://support.abra.com/hc/en-us/articles/115003663228-How-do-I-deposit-and-withdraw-
Anita1782 days ago
Nowulo1823 days ago
Hi do you have plan to create wallet for XRP?
Matt Taylor1823 days ago
We will have updates about additional support for native cryptocurrencies shortly.
Peter Viglis1825 days ago
Once you have added native deposit/withdrawal functionality to Abra’s synthetic cryptocurrencies, such as Digibyte or Stellar, would that also mean that there would be unlimited daily transactions permissible for those cryptocurrencies, and that daily hedging to synthetic fiat, as well as daily transactions to and from other native cryptocurrencies would no longer be limited to the price of Bitcoin over a particular 24 hour period?
Matt Taylor1824 days ago
That’s how it works currently for the natively supported BTC and LTC. We will definitely consider these same limits for future native integrations. For more info, see here: https://support.abra.com/hc/en-us/articles/115002918627-What-are-Abra-s-transaction-limits-
Carl1838 days ago
When do you feel digibyte, xrp and stellar will have their withdrawl and deposit functions added.
Matt Taylor1833 days ago
We are actively working on adding deposit/withdrawal functionality for several of the popular cryptocurrencies on our app. Stay tuned for future updates!
icasimpan1839 days ago
Good job. But is the 5USD minimum in place for LTC orany amount will do?
Matt Taylor1839 days ago
If you’re depositing or withdrawing LTC from the Abra app, there are no minimums or limits!
April1841 days ago
Is the Iraqi Dinar available ?
Matt Taylor1840 days ago
We do not. Here are the fiat currencies we support: https://support.abra.com/hc/en-us/articles/115002752388-What-countries-and-fiat-currencies-do-you-support-
Erwin1841 days ago
Awesome, big fan of Litecoin! Please consider listing Dentacoin (DCN), it’s a great cmc top 100 project with a friendly and active community. DCN is already an active project, but still has a lot of future potential.