Abra added support for SEPA. In Europe it will be easier to buy cryptocurrency


In cryptocurrency wallet the opportunity to Deposit via a European Bank account

Directly buy bitcoins for Euro or their own national cryptocurrency now will the residents of the Single Euro payments area (SEPA), writes CoinDesk. This was possible thanks to the cooperation of the electronic wallet Abra and startup Coinify.

Clients of the payment system can convert digital money into one of the tokens that are now available in the app, including Cardano, Basic Token Attention and Tron. Bank standard SEPA enables citizens of the European Union, Iceland, Norway, Switzerland, Liechtenstein, Monaco and San Marino to carry out cross-border payments if they are within the state.

“Abra collaborates with adjustable exchange partners in various fields, who have access to personal data of our customers and process deposits, withdrawals and purchase of bitcoin. Abra works with Coinify as the first partner in Europe for the integration of European banks using SEPA. Users in Europe had the opportunity to make a Bank transfer from your account in a European Bank directly to the exchange partner Abra; the result is credited the equivalent amount in bitcoins on their wallets in Abra,” Abra said CEO bill Barhydt.

Informed customers of cryptocurrency wallet have deposited via Bank transfer in USA or buy digital money using debit and credit cards American Express, Visa and Mastercard. After the upgrade, users will be able to Deposit funds in Bitcoin Cash, to make deposits was only possible with bitcoin or litecoin.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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