Abra lets you magically buy stock with Bitcoin… but it’s crazy complex
Cryptocurrency exchange and wallet service provider Abra has just announced the launch of a new way to invest in traditional stocks, commodities, indexes, and ETFs using Bitcoin. Only it’s not as simple as it sounds. In what it’s claiming is a world first, Abra is adding new investment features to its app that will allow investors in over 155 countries to invest in 50 traditional stocks. Before you go thinking this is something groundbreaking, consider that it’s a world first on the basis that it’s being offered on a global scale, and because Abra offers more cryptocurrencies and fiat currencies…
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