2 years ago

Read the full article: https://decentralised.news/abra-non-custodial-crypto-wallet-exchange-review/

The Positives
1) More than 100 cryptocurrencies are available to buy and sell on Abra in the US, all from within the app, with over 200 available to international customers.
2) US customers are permitted on the platform, though they must jump through extra verification hoops, as is pretty much standard in the crypto space.
3) Their partnership with Simplex allows users to buy cryptocurrencies directly with Visa and Mastercard – both debit and credit.
4) The platform permits fiat deposits from more than 70 currencies, one of the highest figures for any platform in this market.

The Negatives
1) Abra is a centralized platform. Their wallet used to be non-custodial but more recently, the company adopted a hosted model for their wallet offering.
2) Their main credit card payment provider, Simplex, is quite expensive to deposit with (at least a $10 fee).
3) There’s no native support for altcoins, so when you withdraw altcoins on Abra.

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