Abra Adds Two Major Altcoins: EOS and Siacoin

via QuoteInspector.com

Abra, an all-in-one cryptocurrency wallet and trading platform, has added two new top-50 altcoins: EOS (EOS) and Siacoin (SC).

According to the announcement, the addition of EOS and SC brings the total coins listed on Abra to 30, which are traded across 50 fiat currencies.

“Both EOS and Siacoin are listed on Abra as synthetic currencies. Abra’s synthetic currency uses crypto-collateralized cryptoassets to securely and efficiently store and move value amongst different assets,” reads the announcement. “The underlying synthetic currency also allows Abra’s non-custodial wallet setup and provides a platform for future financial innovation.”

This news comes two months after Abra launched the Bitwise 10 Crypto Index (BIT10), which allows users to gain exposure to around 85% of the entire crypto market with a single investment vehicle. The BIT10 is a market-weighted derivative product that tracks the top coins, including Bitcoin (BTC), Ethereum (ETH), and XRP (XRP).

EOS and SC are currently ranked 6th and 39th, respectively, in the AltDex 100 Cryptocurrency Index (ALT100).

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More: Welcoming EOS and Siacoin

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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