Abra Launches Services for SEPA Bank Account Holders

2018-9-4 13:00

Cryptocurrency wallet and exchange, Abra, has announced the launch of support for customers holding Single Euro Payment Area (SEPA) bank accounts. The move allows the citizens of the 28 member states of the European Union, four member states of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland), and Andorra, Monaco, and San Marino, the ability purchase cryptocurrencies via direct bank transfer.

Also Read: 21,000 New Locations Across Canada, Europe, Australia to Purchase Bitcoin Cash

SEPA Bank Account Holders Now Able to Purchase Crypto Through Abra

Abra, a virtual currency wallet and exchange, has announced support for SEPA bank account holders – increasing the number of countries serviced by the company by 35.

Bill Barhydt, the founder and chief executive of Abra, stated: “With users from over 70 countries globally, and a greater demand for the ability to invest in cryptocurrencies from any bank account, it is really important to give investors the opportunity to fund their Abra wallet directly from any bank account. This new feature is helping to change the way people invest, adding to a brighter future for the cryptocurrency market around the world.”

“As we continue to expand our capabilities, we are constantly looking for efficient and secure on-ramps that will enable our users to easily invest in cryptocurrencies. Ease, efficiency, and effectiveness are paramount for us in helping our clients invest,” he added.

Abra Customers Soon Able to Fund Accounts Using BCH

Abra’s customers will soon be able to fund their wallets using Bitcoin Cash, with a press release stating that “beginning over the next several days, users will also have the ability to fund their Abra wallet using Bitcoin Cash (BCH). This would come in addition to the newly launched SEPA bank transfers and cryptocurrency deposit options already available in the app today.”

Alongside the expansion into the SEPA zone, Abra also launched support for Cardano (ADA), Basic Attention Token (BAT), and Tron (TRX). Abra now provides support for 50 fiat currencies and 28 cryptocurrencies.

In July, Abra announced support for Visa and Mastercard purchases – with customers able to purchase between $50 USD and $20,000 USD worth of BTC at a time.

What is your favorite method for purchasing cryptocurrency? Join the discussion in the comments section below!

Images courtesy of Shutterstock

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