Abra Adds 60 New Tradable Cryptocurrencies for US Customers

Abra, the company, known for its crypto investment platform, has expanded its offerings in the United States. Abra added 60 new cryptos to the list of tokens available to U.S. users.

According to a blog post on Tuesday, the addition results in a total number of 96 digital currencies available for American users to trade directly on Abra’s platform.

U.S. customers can transact any of the new coins, which include Bitcoin SV., Geocoin, Aeon, NAVCoin, and others, as well as deposit and withdraw four stablecoins, including Tether, Paxos, DAI, and TrueUSD directly from their bank accounts.

“By far, the most requested product feature is support for more cryptocurrencies and the flexibility to easily invest in them. And today, that’s what we are delivering for our users,” the CEO and founder of the San Francisco-based app, Bill Barhydt said.

In addition to that, Abra raised the limits of withdrawal and bank deposits. Now, U.S. customers can withdraw up to $4,000 per day, $8,000 per week, or $16,000 per month. 

Furthermore, the crypto wallet and investment app provider said it would add at least 200 cryptocurrencies and also provide access to the new assets for other users outside America, by next month.

The update is coming in response to the demand by the users, as the company noted: 

Abra users — from the early days, all the way up until now — have been asking for more access to more cryptocurrencies […] So delivering on the power of choice and the ability to create a custom crypto portfolio has been a primary focus of ours over the past several years.

Abra revealed plans to release new price-performance charts this quarter, to “help users study markets and make informed decisions.”

In July, Coinfomania reported that Abra had to adjust its services in the U.S., due to regulatory uncertainty and restrictions in the country.

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