Abra now offers equities to 150 countries with $0 stock trading fees for 2019. This latest product is secure, affordable, and makes investing in US markets available worldwide.*
The big day has finally arrived!
Now Abra users who live outside of the United States can invest in stocks and ETFs right from the Abra app.*
Fractional amounts of valuable stocks from global markets such as Tesla, Uber, Alibaba, and Facebook — as well as ETFs like the gold SPDR, and indexes like the S&P 500 are now available to investors in over 150 countries.
This is a major milestone in realizing Abra’s mission of democratizing access to financial services for everyone. We also believe that services like Abra can have a big impact on global investors trying to generate and protect their savings, especially in markets and communities that have traditionally been excluded from such opportunities.
While there are certainly no guarantees, investing regular amounts over long periods of time in traditional equities markets has proven to be an effective investment strategy, and now we’ve made that really easy and accessible to billions of people.
Abra’s new stock and ETF investing product will be available right next to our continually growing list of crypto assets, which makes Abra one of the world’s simplest and most dynamic investing applications.
Now, with a couple of taps, most of the world can buy and sell investment exposure to the most exciting wealth-building assets.
Looking for more info about how Abra’s new stock and ETF investing will work? Check out this guide for more detailed information, or download the app (or update if you already have it) and see how easy it is to start building a portfolio that is completely tailored to your investing situation and preferences.
Abra’s mission is to democratize access to financial services.
Investing, sending money across the world, switching between cryptocurrencies and fiat — these are all activities that today still cost a lot of time and money in most parts of the world. But they don’t need to.
It’s time for people to be able to have flexibility and options when it comes to managing their money and investments, and that’s exactly what Abra represents — a simple and secure alternative to the way money has traditionally worked (or not worked).
Abra isn’t just another application or fintech company building a new user interface on top of the traditional banking system.
Instead, in order to drive costs down and make access universal around the world, we are building Abra to leverage the programmable aspects of the Bitcoin blockchain.
Put simply, by building on Bitcoin, we are able to build secure financial services that are available universally to the whole world right from a mobile app.
It also means that we can build Abra as a non-custodial wallet. Users don’t have to trust us with their crypto — they maintain control of their underlying cryptocurrencies via a private key system that means each Abra user has their own unique private key that controls his or her wallet.
Our non-custodial model makes Abra way more secure and less vulnerable to hacks and other potential breaches than more centralized financial services, which are little more than penetrable databases.
We are really excited about the latest additions to the Abra app — our next step on the path towards a more open and accessible financial system.
* The services described herein are provided by Plutus Technologies Philippines Corporation (Abra International). You are not allowed to access or use the services of Abra International if you are located, incorporated or otherwise established in, or a citizen or resident of: The United States of America, Cuba, Iran, North Korea, South Sudan, Sudan, Syria and Ukraine. Persons or businesses in these countries or in any jurisdiction where it would be illegal according to applicable law (by reason of nationality, domicile, citizenship, residence or otherwise) are forbidden to access or use the services of Abra International.
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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