Abra Exchange Adds Cardano, Basic Attention Token, And Tron
Popular all-in-one cryptocurrency wallet and trading platform; Abra, has announced that it is adding three top altcoins, available immediately.
Abra announced on September 4, the successful addition of Cardano, Tron and Basic Attention to its platform. According to the company, the addition of the coins was as a result of demand from users. This is no surprise since the three coins are some of the most-talked-about and promising coins in the market. According to the announcement, Abra’s vetting process included: checking the asset’s liquidity, contract market making, and other factors.
Abra, Coinbase Competitor
Abra offers a simple trading platform for users. It gives investors access to 28 digital currencies and accepts over 50 fiat currencies—an almost unparalleled number right now. Additionally, the platform allows users to track their portfolio and follow market updates. All these features make Abra an upcoming crypt exchange worth keeping an eye on.
Though it doesn’t have the volume of its competitor Coinbase, Abra is moving quickly. It has quickly trumped Coinbase’s listing of only five currencies; and offers credit card purchasing for all countries it supports. In addition, it allows users in the Philippines to buy coins with cash; a project that could expand to more countries soon.
Cardano, BAT, and Tron
Since its launch in 2015, the project has been targeting the smart contract sector, similar to Ethereum (ETH). While the coins share similar modeling Cardano has focused on improving perceived shortcomings of Ethereum. At the time of press, the coin is trading at $0.089917, down by 15% in the last 24 hours.
Basic Attention Token (BAT)
The Basic Attention Token project aims at radically improving the advertisement industry. It monetizes user attention and brings together advertisers, publishers, and users. This it does through the power of blockchain technology. The project has recently announced that its privacy-focused web browser; Brave, has hit over 10 million downloads. At the time of press, the coin is trading at $0.193900 and like ADA, it has lost 15% in the last 24hours.
Tron is designed to help the entertainment industry store and share files in an easy and efficient way. It helps content producers and consumers share content through blockchain technology. Recently, the digital asset made headlines with its acquisition of peer-to-peer file sharing service, BitTorrent. At the time of press, the coin is trading at $0.022064 down by 13%.
John is a finance and technology journalist with a growing interest in cryptocurrencies. Writing is his passion and when he’s not writing he’s listening to the Beatles.