What is Abra?
Abra is a cryptocurrency investment platform that enables users to buy, sell, trade, and earn interest on a variety of cryptocurrencies. With as little as $5, users can earn around 10% interest on stablecoins and 4.5% interest on Bitcoin, compounded daily.
Charlie Lee, the creator of Litecoin, has long teased a “huge unexpected surprise” for Litecoin. The surprise has arrived in the form of a new app from Abra. The app allows people to invest in 20 cryptocurrencies and 50 fiat currencies through the use of Bitcoin and Litecoin smart contracts. Not only can you invest in the 70 different assets, but trading between them is feeless and nearly instant.
2 down, 2 to go! License.