Abra is a powerful and easy to use cryptocurrency application to trade, earn and borrow with your crypto.
Abra Boost (formerly Abra Earn) is a crypto interest account, allowing you to deposit and earn interest-in-kind on many cryptocurrencies. Abra Boost supports BTC, BCH, ETH, LTC, DOT, MATIC, XLM, and many stablecoins (USDC, USDT and TUSD). Abra Boost features daily compounded interest and payouts are made weekly.
In the U.S., customers must be a verified accredited investor with Abra to add funds to Abra Boost. Abra Boost remains open to all institutional investors with no additional requirements.
Abra is the first service to support CPRX (Crypto Perx), a perk token for rewarding its users. CPRX is not owned by Abra.
Abra offers staking as a service for Ether (ETH) at 4% APR. Note staked ETH can’t be withdrawn until March 2023 (expected date, may vary).
Abra credit card
Abra has announced a partnership with American Express to offer a crypto rewards credit card, the first from AMEX. The card is not available yet, but a waitlist is open.
Abra risks (is Abra safe?)
Abra has demonstrated good financial health in the current volatile market, and has not limited its service at all, unlike others.
While Abra Earn’s interest rates aren’t industry topping, they have proven the platform is healthy and all services by Abra have been uninterrupted.
Abra Loyalty Program
Overall Abra Review and Score
Interest rates 3/5 Ease of use 4/5 Features 4/5 Security/Safety 4/5 App design and experience 3/5