Sept. 17, 2021 — Changelly, an instant cryptocurrency exchange, announced today a new partnership with Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies. The partnership with Changelly enables Abra users to exchange over 200 different crypto assets directly via Abra’s platform, making the user experience seamless. The integration of the Changelly API enables Abra app users to invest in hundreds of cryptocurrencies as well as easily build and manage a crypto portfolio with secure transactions and low exchange rates.
“It is great for us to work with a company whose vision is an open, global financial system that is easily accessible to everyone,” said the Changelly team, adding, “As Changelly’s primary mission is to facilitate user’s cryptocurrency interaction, the partnership with Abra is a significant opportunity to follow these mutually beneficial goals.”
Abra now offers a wide range of wealth management services such as Abra Borrow, an in-app feature for using crypto as collateral to borrow fiat against digital asset holdings. Abra Trade offers users access to crypto exchanges and a seamless experience with no required trading experience and an easy on-ramp. Abra Earn consistently offers generous returns with U.S. stablecoin rates currently at 8% per annum.
“We’re excited to provide Abra’s users with a broader ecosystem for accessing tokens outside of our wallet,” said Bill Baryhdt, founder and CEO of Abra, adding, “Changelly’s exchange API brings some great opportunities for trading additional alts while we continue to expand Abra’s token selection in parallel.”
Abra is a financial services and technology company that operates an all-in-one custodial cryptocurrency wallet. Abra is the world’s first global investment app that makes cryptocurrency investing simple. Abra’s easy-to-use app provides users with unprecedented access to hundreds of cryptocurrencies, offering the freedom to buy, sell, trade, earn and borrow anywhere, anytime. Founded in 2014 with global headquarters in the San Francisco Bay area, Abra is available in more than 150 countries. Its investors include American Express Ventures, First Round Capital, Foxconn Technology Group, Arbor Ventures, Lerer Hippeau, RRE Ventures, DCG, and many others.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to over 200 cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via the Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO was built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly website: changelly.com
Changelly PRO website: pro.changelly.com