Abra: Buy Bitcoin & Earn Yield
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Description of Abra: Buy Bitcoin & Earn Yield
You can download the Abra app to easily and safely buy crypto. Abra lets you buy, trade, borrow, and earn interest on Bitcoin, Ethereum, Cardano, Dogecoin and more than 100 other cryptocurrencies. The Abra crypto app is used by more than a million people in more than 150 countries. All users now earn outsized rewards on trades, loans, and interest earning assets. As a user, you can now earn up to 9% APY on your crypto and up to 14% when you earn with Abra Perx rewards!
With Abra, you can:
Earn interest on your Bitcoin, Ethereum and stablecoins — with daily compounding.
Borrow USD stablecoins starting at 0% APY. *
Buy, sell, hold and trade more than 100 cryptocurrencies and stablecoins.
Send Bitcoin, crypto or USD stablecoins anywhere in the world
Store your Bitcoin and crypto using the secure Abra Wallet.
Make referrals to earn Crypto Perx (CPRX) tokens.
Earn CPRX rewards on your trades, loans, and interest earning assets.
ABRA TRADE: INVESTING IN BITCOIN, ETHEREUM & MORE
You can start investing in crypto within minutes using Abra. The Abra crypto app combines a safe cryptocurrency wallet and exchange with an easy-to-use experience available in more than 150 countries. It’s the best choice for cryptocurrency investors and those looking for alternative wealth management options.
You can fund your Abra crypto wallet in multiple, convenient ways:
Crypto: Deposit dozens of popular cryptocurrencies or stablecoins directly into your Abra wallet
Bank Transfer: We support a variety of major and regional banks in the United States. You can add to your Abra wallet via ACH transfers or through bank wire transfers
Visa or Mastercard: Use your debit and credit cards to fund your account
Cash: make a cash deposit at hundreds of retailers** and it will land in your Abra crypto app
ABRA EARN: GET PASSIVE INCOME FROM YOUR BITCOIN
Abra Earn lets you generate passive income from your Bitcoin, Ethereum, Litecoin and various USD stablecoins — offering some of the best interest rates around. It’s a perfect way to stack sats and grow your wealth because you’re earning interest on top of how much your cryptocurrency appreciates. Your interest compounds on a daily basis.
ABRA BORROW: GET MONEY WITHOUT SELLING YOUR BITCOIN
Abra Borrow lets you use your crypto as collateral to get a USD stablecoin loan, starting at 0% interest**. It’s ideal for those who are long-term investors in Bitcoin and other cryptocurrencies but need some cash for short-term purchases like repairs, vacation or to buy more crypto. Abra Borrow doesn’t have any origination fees, doesn’t require credit checks and loans can be approved in minutes.
Maximum repayment period is 24 months, minimum repayment period is anytime with no penalties. Maximum interest rate (APR) is 9.95%. For example, if a user borrows 100,000 USDC with 3.95% APR, 20% LTV at 24 month term, the user will have a total of 7,900.08 USDC total finance charge. There will be 24 interest payments of 329.17 USDC with a final balloon payment of the borrowed principal of 100,000 USDC. The User will need to provide approximately 299 ETH (depending on the price of ETH) as collateral.
BUY, SELL, HODL OR TRADE 100+ CRYPTOCURRENCIES
Abra lets you buy, sell, exchange and hold more than 100 cryptocurrencies. You can trade the coin you want instantly. Some of the popular cryptocurrencies and stablecoins in the Abra app are:
Ethereum Classic (ETC)
USD Coin (USDC)
And many, many more. We’re also continually adding tokens and new cryptos.
* Restrictions apply
** Availability varies by location
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