The Abra Crypto app is fantastic for those who want to buy Bitcoin, have a Bitcoin wallet, earn interest on their crypto or borrow against their crypto.
Abra is the best app to buy, trade and hold Bitcoin, Ethereum, Dogecoin and more than 100 other cryptocurrencies. The Abra crypto app is used by more than a million people in more than 150 countries.
With Abra, you can:
Earn interest on your Bitcoin, Ethereum and stablecoins — with daily compounding
Borrow USD stablecoins starting at 0% APY *
Buy, sell, hold and trade more than 100 cryptocurrencies and stablecoins
Send Bitcoin, crypto or USD stablecoins anywhere in the world
Store your Bitcoin and crypto using the secure Abra Wallet.
Make referrals to earn Crypto Perx (CPRX) tokens.
ABRA TRADE: INVESTING IN BITCOIN, ETHEREUM & MORE
You can start investing in crypto within minutes using Abra. The Abra crypto app combines a safe cryptocurrency wallet and exchange with an easy-to-use experience available in more than 150 countries. It’s the best choice for cryptocurrency investors and those looking for alternative wealth management options.
You can fund your Abra crypto wallet in multiple, convenient ways:
Crypto: Deposit dozens of popular cryptocurrencies or stablecoins directly into your Abra wallet
Bank Transfer: We support a variety of major and regional banks in the United States. You can add to your Abra wallet via ACH transfers or through bank wire transfers
Visa or Mastercard: Use your debit and credit cards to fund your account
Cash: make a cash deposit at hundreds of retailers** and it will land in your Abra crypto app
ABRA EARN: GET PASSIVE INCOME FROM YOUR BITCOIN
Abra Earn lets you generate passive income from your Bitcoin, Ethereum, Litecoin and various USD stablecoins — offering some of the best interest rates around. It’s a perfect way to stack sats and grow your wealth because you’re earning interest on top of how much your cryptocurrency appreciates. Your interest compounds on a daily basis.
ABRA BORROW: GET MONEY WITHOUT SELLING YOUR BITCOIN
Abra Borrow lets you use your crypto as collateral to get a USD stablecoin loan, starting at 0% interest**. It’s ideal for those who are long-term investors in Bitcoin and other cryptocurrencies but need some cash for short-term purchases like repairs, vacation or to buy more crypto. Abra Borrow doesn’t have any origination fees, doesn’t require credit checks and loans can be approved in minutes.
BUY, SELL, HODL OR TRADE 100+ CRYPTOCURRENCIES
Abra lets you buy, sell, exchange and hold more than 100 cryptocurrencies. You can trade the coin you want instantly. Some of the popular cryptocurrencies and stablecoins in the Abra app are:
Ethereum Classic (ETC)
USD Coin (USDC)
And many, many more. We’re also continually adding tokens and new cryptos.
* Restrictions apply
- Earn interest on crypto and US dollar stablecoins with daily compounding.
- Abra Referral
Ratings and Reviews
Deposits not being processed
On December 20, 2020 I requested a withdrawal from my bank account to be deposited into my Abra account. The expected deposit date was December 21, 2020. When the deposit was not completed I sent an email requesting information. I received an email from Xavier in Abra Support indicating with the holidays please be “patient”. On December 29,2020 I sent another email to Xavier advising that my deposit still was not completed. I asked for someone else to look into this situation. On December 30, 2020 I received an email from Ava (Abra) indicating that my deposit request was canceled on December 24,2020. On December 30,2020 I sent Ava an email requesting information on who canceled my deposit as I did not cancel it. I also asked why wasn’t I informed of this cancelation? There was more than sufficient funds in my bank account for the withdrawal / deposit. To date, I have not received the courtesy of a response from Ava.
To make matters worse, I submitted another request for a withdrawal from my bank account to deposit into my Abra account with the expected deposit date of yesterday, January 4, 2021 and again the deposit has not been completed.
I am totally dissatisfied with Abra support staff and I’m seriously considering closing my account and using another wallet to conduct my trading.
Developer Response ,
Hello Jonh39, Deposits or withdrawals can be canceled for a number of reasons. Please note, you can only link a personal checking account in your name to the Abra app. If this issue has not been resolved please send a new email referencing this review and we will be sure to resolve this issue as soon as we can. -Best, Abra Support
Tax Return Issues
I really loved using Abra, secure wallet, easy to purchase multiple digital assets. But, I was very disappointed, which may be not a big thing for Abra help desc, but me being a investor whose major crypto portfolio is stored on Abra wallet, I couldn’t get my transactions for 2018 in appropriate CSV format which I could upload on different tax software available in the market. Unfortunately I obtain only manual transaction history, which I was not able to upload on any tax softwares available in the market. Other apps like Uphold, Circle prepared CSV files which were very user-friendly. I requested and communicated with help desk multiple times if I can get my total capital gain/loss in year 2018, in proper spreadsheet format so that I could upload on tax return software but I was told for now this is the only CSV format available. I was highly disappointed, finally I have started transferring mostly my assets to different otherWallets, so probably next year I can apply crypto tax returns more Conveniently.
Developer Response ,
Hi Qaakhan, thank you for writing in with your review. I've gone ahead and shared your feedback to our team - our apologies for the incompatible format, as I've experienced this as well. We are still working on finalizing our transaction report csv which will be out in a few days. However, we will definitely look towards making it compatible with more platforms/software/reporting tools in the future. Appreciate the honest feedback, we will work on doing better. Thank you. -Ryan
Great app but pls read
So Shout our to Abra for their wallet it truly is cutting edge in many ways. I found its installation and usage to be quite simple for a crypto wallet. They offer many coins and this was a huge draw for me.
You might ask why 3 stars then. Here’s why:
1: a simple test of their customer service and review. I’d love to hear back from abra on this thread and I will upgrade 1 star when support responds as I cannot give this a 4th star without testing support.
2: Now we come to the only real technical issue I have with the wallet. Though it allows you to swap coins in a variety and keep any coins you have swapped in abra It seems that you can only send and receive BTC LTC and BCHABC. This is a problem for me. Cause this makes it feel like a basic wallet as it really only allows transactions for these 3 coins. I often send in and out of exchanges. I don’t like to keep funds there for obvious reasons. But I was hoping to keep large sums of alt coins on this wallet that was part of a trading portfolio. As I cannot withdraw my swapped coins to an exchange I cannot trade efficiently. If abra upgrades its system to allow for such withdrawals at least I could use the wallet. Deposits in btc and swaps then off to the exchange. Simple request. 😋 this will get you the 5th star.
All this being said if you merely hold bitcoin abra is an excellent option and I find their wallet quite simple and secure.
Developer Response ,
hi cryptokade, you are always welcome to write into email@example.com. We do want to support as many coins as we can natively, but this will take a long time. Please do make sure to write down your recovery phrase so you aren't at risk of losing any funds. We're working on a lot of improvements, so please do stay tuned. Thank you for taking the time out to provide your feedback and suggestions! All the best, Ryan
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- iPod touch
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