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Cardano (ADA) and Tron (TRX) make it to the Abra wallet crypto list

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Cardano Tron
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Undeniably, more and more cryptos are being created every day, so we can be sure that the times when Bitcoin had the market to its own merely is gone forever. It is because of this that results imperative to have a variety of options to play with when it comes to exchanges, wallets, and any platform to operate with crypto and fiat currencies obscurely.

In this sense, one of the preferred platforms to exchange fiat to crypto and vice-versa is the ABRA wallet, one of the most extensive services in the world of digital money.

ABRA has made a horde of announcements in the last days that promise to shake the crypto world, including the addition of three new cryptocurrencies to its platform, and the diversification of the payment methods allowed in the network. Let’s see all the details behind the wallet update.

ABRA updates

Yesterday, ABRA announced that Cardano (ADA), and TRON (TRX) are currently integrated into their systems, so users can now fund their wallets with these top cryptos. It was also known that the company is planning to include Bitcoin Cash (BCH) as well, a milestone that would count a total of 28 cryptos accepted in the network, one of the widest repertories in the industry.

However, this is not the end. The company is planning to diversify their payment options as it aims to include the benefit of funding from European bank accounts as well, a fact that will open the doors for all of the European traders in the European Union.

Let’s recall that before this announcement ABRA users had the option to fund their wallets by bank and wire transfers in the United States, as well as with Mastercard, American Express, and other debit and credit cards from all around the world.

Like this, ABRA is actually ready to conquer the financial world by offering investors of all sorts the opportunity of accessing an incredibly broad range of options related to digital currencies, a fact that, to say the least, the platform is accomplishing with an incredible ease.

In fact, its main competitor Coinbase, is way beneath this level; only offering its users 5 cryptos, Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH) and of course, Bitcoin (BTC), and a short repertory of fiat options versus the 50+ alternatives that ABRA offers in fiat currencies such as AUD, USD, NZD, EUR, and many others.

Conclusion

The latest Abra crypto updates represent a significant advancement in the cryptocurrency world as it gives enthusiasts and investors more excellent opportunities to play with, and that’s precisely what we’re all looking for concerning usability. On the other hand, it represents a low blow for Coinbase, which now has to look to diversify its offer to keep on the picture. And why not, who would not want Coinbase to list Cardano and Tron as Abra just did?

If you want to get more information about ABRA, please go to their website abra[dot]com and find out everything about the latest updates and developments of the wallet service.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Nicole Honeywill on Unsplash

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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