Using Abra to buy bitcoin with your bank account

In a recent post on our company blog, we announced that bitcoin is a now a first-class currency in the Abra wallet. Users can now send, receive, buy, sell, and hodl bitcoin as a currency right in the app. This is one of the biggest updates we’ve ever announced, and we’re excited to see how people will start using this new feature. To help you get started, we created this guide to help our customers have the smoothest experience with buying bitcoin in the app. […]

Buy a Bit of Bitcoin with your Bank Account (and other updates)!

Buy bitcoin with Abra

Abra now has direct support for bitcoin! While bitcoin has always powered all of Abra’s transactions underneath the surface, you can now buy, hold, send, and spend bitcoin as a currency directly within the Abra app globally. In the US and the Philippines, you can even buy bitcoin using your bank account with no fee. Given that our bitcoin price is always close to the current USD spot rate, we’re confident that Abra offers the least expensive ACH-based option for buying bitcoin today. So if you’ve been […]

New Merchant Alert: Abra and Asiasoft PlayPark Team Up

ABRA MAKES IT EASIER FOR PLAYERS TO TOP UP! Gaming enthusiasts can now pay for credits on Asiasoft Playpark quickly and easily. If you have a mobile phone and an Internet connection, you can conveniently purchase e-pins through the Abra mobile app. Want to start playing using your Abra wallet? Here are the steps: 1.  First, sign up for a Level Up! Account here, which you can use to top up credits for your PlayPark account. If you’ve already done this, you can skip to step […]

Going Global: Building a Worldwide Digital Cash Network; Includes Direct Bitcoin Support

Send in Bitcoin, receive in Dollars

Today, at the North American Bitcoin Conference,  I announced the next phase of Abra’s global expansion: Next month, we’ll be enabling Abra worldwide, activating a global network of Tellers who can transact in over 50 currencies, including directly in Bitcoin. This means that anyone with a smartphone in any country can send or receive funds in most major currencies and can cash in or out of their Abra wallet, even without a bank account. Bitcoin is key to these efforts. While Bitcoin has always been […]

Solving the “Last Mile” Problem for Bitcoin

For years, Bitcoin has been offered as a solution for cross-border payments. After all, Bitcoin is a payment network whose only boundary is the edges of the internet, which is becoming more widely available every day. However there have always been challenges for individuals and companies attempting to use Bitcoin for this purpose: how do you get money in and out of the network? How do you handle slippage and price volatility? Even as Bitcoin exchanges have proliferated around the globe, the answers to these questions […]