There is some good news for Abra users, Bill Barhydt co-founder and CEO of Abra have added 17 more native support to his altcoins. The 17 Crypto assets that have been added are Dogecoin (DOGE), Digibyte (DGB), Neo (NEO), 0x (ZEX), Dash (DASH), Basic Attention Token (BAT), TRON (TRX), Lisk (LSK), Stratis (STRAT), Augur (REP), OmiseGo (OMG), Qtum (QTUM), Golem (GNT), Ethereum Classic (ETC), Vertcoin (VTC), Zcash (ZEC), and Status (SNT).
Today Abra has started enabling native access to DGB DOGE, DASH, BAT, NEO, ZEX, OMG, QTUM, VTC, ZEC, GNT, STRAT, REP and SNT. Starting today you can withdraw/send these cryptos to native wallets. Deposits coming soon (no date to announce just yet.)
— Abra (@AbraGlobal) 8 May 2019
Hence, users will soon be able to withdraw and deposit Ethereum (ETH), Bitcoin (BTC), and Bitcoin Cash (BCH), plus 17 different Cryptocurrency. This was a promised by the firm who previously announced that it would give its users more options to buy synthetic parallels of ETFs and stocks using Bitcoin smart contracts.
Abra deals with its privacy by being a non-custodial wallet, i.e., private keys of each individual is not stored in a company’s database but in the user’s device instead. Abra also connected to thousands of banks by partnering with Plaid.
Plaid is a San Francisco based Fintech firm which helped Abrar to connect its users account to thousands of US banks. App users previously had to deposit money into their wallets via banks transfers. However, with the new update, users can now connect their bank accounts directly in-app via API.
Bill Barhydt recently commented, with the addition of new liquidity enhancements in Abra app, our users have more ways to move between their fiat and crypto. The company is very excited about their partnership with Plaid, as it brings thousands of additional financial institutions into use for their US customers.