Abra’s Latest Innovation for European Users
In a bold move to enhance the user experience for cryptocurrency enthusiasts in Europe, Abra has announced that it will now allow direct purchases and sales of cryptocurrencies via European bank accounts. This exciting update, shared in a press release on September 4, broadens accessibility for users wishing to explore the digital currency landscape.
Supporting SEPA Transactions
With the integration of the Single Euro Payments Area (SEPA), users can seamlessly transfer euros and several other national currencies directly into their Abra wallets. This revolutionary change means a gateway for new customers to purchase a diverse range of 28 cryptocurrencies including Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). No more complicated processes; users can now easily fund their wallets and dive into crypto investments!
Bill Barhydt’s Vision
Bill Barhydt, the founder and CEO of Abra, expressed his enthusiasm about the update. He mentioned that with users spanning over 70 countries, responding to the heightened demand for direct investment from any bank account is a priority. “It is really important to give investors the opportunity to fund their Abra wallet directly from any bank account,” he noted. Talk about making crypto-age investments easy-peasy!
What’s New In the Wallet?
In addition to adopting SEPA, Abra has also recently added three new cryptocurrencies to its catalog: Cardano (ADA), Basic Attention Token (BAT), and Tron (TRX). Talk about expansion! Cryptocurrency enthusiasts will surely appreciate this growing menu of options when deciding how to diversify their digital portfolios.
Understanding SEPA: The Payment Game-Changer
For those not yet familiar with SEPA, it’s worth noting that this payment system simplifies bank transfers across member states within the EU. This includes 28 EU member countries, as well as four nations from the European Free Trade Association and a few more like Andorra and Monaco. It’s a significant development that could make life easier for many crypto investors across Europe.
