Abra finally treats its users as adults, lets them handle Ethereum directly

Tech 1 week ago The Next Web 40

Yesterday, cryptocurrency wallet and services provider, Abra, announced that users can now purchase Ethereum through its Android and iOS apps. You’d be forgiven if you thought this was already the case, but it wasn’t. Let me explain. With the new update, users can now add and withdraw actual Ethereum cryptocurrency to and from their Abra wallet. Before the update, any exposure to Ethereum on Abra was through one of its “synthetic assets,” which means you buy into the token without actually owning it. Abra also sees this addition as the first step to streamline the “process to add more ERC20…

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