Mobile Crypto App Abra Adds Bitcoin Cash (BCH) Support

Jim Makos / Flickr

Abra, an all-in-one cryptocurrency wallet and trading platform, announced this week that it has added support for Bitcoin Cash (BCH) as a means to fund user accounts.

According to the announcement, Bitcoin Cash joins both Bitcoin (BTC) and Litecoin (LTC) as options for deposits, in addition to bank transfers, wire transfers and debit or credit cards. Abra also recently announced that it would be integrating SEPA payments, allowing European customers to directly deposit funds.

The news comes roughly a week after Abra added three major altcoins, Cardano (ADA), TRON (TRX) and Basic Attention Token (BAT). Each altcoin listed on the Abra platform leverages a crypto-backed stablecoin model where investors are essentially trading derivatives on the price movement of each asset, similar to what is done on the Robinhood platform

As a result of the newly announced BCH support, BCH proponent Roger Ver has come out to publicly thank the company and further emphasize the relative utility of BCH in merchant applications.

BCH is currently ranked 4th in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Bitcoin cash support
Similar: Abra Adds Cardano, TRON and Basic Attention Token (BAT)
Photo: Jim Makos / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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