Abra Reviews

Total rating 2.20

Poor

TrustScore calculated from 5 reviews

Bad
40%
Poor
20%
Average
20%
Great
20%
Excellent
0%

Description Abra

Abra is on a mission to create a simple and honest crypto bank to enable millions of crypto holders to maximize the potential of their crypto assets. We operate an easy to use app allowing users to earn interest, buy, sell, hold, and trade in cryptocurrencies, in one single place. Our vision is an open, global financial system that is easily accessible to everyone. Abra is the favorite crypto app of more than a million users across 150+ countries. Abra has been regularly featured in Coindesk, Forbes, CNN Money, Fortune, and Techcrunch as a pioneer in the cryptocurrency space.

Abra will be straightforward, transparent and honest with our customers, partners, and employees. We will put the user first. Get the user experience right and wow them and everything else is much easier.

With Abra you can:
Borrow USD stablecoin starting at 3.95% APY
Earn up to 10% per annum interest on popular cryptocurrencies and US Dollars or stablecoins
Buy, sell, hold and trade across 100 cryptocurrencies and stablecoins
Exchange between any two currencies — no limited trading pairs
Send bitcoin, crypto or dollars anywhere in the world.


- bad
Paullie, 2021-04-15

I was told by customer service I would not be able to use a bank account or card. So I don’t know how you can restrict an account that was NEVER used. So I basically had an account that could never be used and was being told what I could do not have my account be useable. I was able to Join Coinbase and be verified quickly. And able to purchase and transfer ETH the same day.

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  0   1
- Average
Edward H, 2021-02-13

Have used it extensively trading digital currencies and have tripled my money in the past two years... BUT ... just so you know when you want to get your money out and back to your bank account they didn’t let it go that way.

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  0   1
- Poor
Rebecca, 2021-01-10

I love trading on it because it’s faster to buy, sell and exchange faster than any exchange I’ve been on. I recommend this to everyone but make sure they know the limitations and should have a second exchange as well. As I cannot withdraw my swapped coins to an exchange I cannot trade efficiently. If abra upgrades its system to allow for such withdrawals at least I could use the wallet. Deposits in btc and swaps then off to the exchange.

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  0   1
- bad
Quin, 2020-10-17

I’ve never had any wallet prior to this. I was branching out and trying to invest in crypto currency and this experience made me realize how unreliable these companies are. They want me to deposit BTC or ETH in their wallet but not any USD. Sounds like fraud to me. Plus they sent a message to contact them yet refused to let me know how in less than 24 hours when never using this or any other like it I could be “restricted”.

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  0   1
- Great
Alex, 2020-07-02

As compared to other crypto platforms, it’s easier to open Abra. Takes a few minutes to approve. Fees are great. I will say that overall Abra is the best. Since it is easy to open and link bank account. You can do that easily with Plaid. You can buy btc with credit card, Apple Pay and Samsung.

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  0   1

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