Abra Launches Crypto Card on American Express Network | Crypto

Abra Launches Crypto Card on American Express Network

– The Abra crypto card is the first crypto credit card of its kind.
– It is hosted on the American Express network.
– It allows you to transact in dollars and crypto.
– It also enables you to trade in over 100 different cryptos, earn dividends on your digital assets, and seek loans against your crypto portfolio.
– The card will be available in late 2022.
– The collaboration between American Express and Abra enables the latter to gain access to a global market as well as offer customers on the service easy access to crypto and other financial services.
– The Abra crypto card runs on the Amex software that enables fintech to bring new innovations more expeditiously to the market.
– The platform also generates a unique recovery phrase that you can use to restore your account if you ever lose the device youre logged in on for added redundancy.
– However, Abra is a custodial wallet, which means your private keys are in the hands of a third party who has full control over your wallet and, in essence, your digital assets.

thecoinrepublic logo 4dfefd11e401f10473b04f3db4d145f2 Abra Launches Crypto Card on American Express Network

Leave a Reply

%d bloggers like this: