Binance

Abra, an all-in-one cryptocurrency wallet and trading platform, sent shockwaves through the fintech community on Wednesday when it announced that it will soon be adding stock and ETF investing to its platform.


According to the new landing page, investors will soon be able to use Bitcoin (BTC) to invest in stocks and ETFs from anywhere in the world with 155 different countries supported.

Similar to Robinhood, investors can begin purchasing stocks and ETFs investing with as little as $5 through partial stock investing. Additionally, Abra will feature $0 trading fees on stocks and ETFs for everyone who requests early access.

Abra

The crypto community’s response to the announcement has been overwhelmingly positive, with many celebrating Abra’s use of Bitcoin as a settlement layer for trading.

This news comes roughly four months after Abra launched the Bitwise 10 Crypto Index (BIT10), which allows users to gain exposure to around 85% of the entire crypto market with a single investment vehicle. The BIT10 is a market-weighted derivative product that tracks the top coins, including Bitcoin, Ethereum (ETH), and XRP (XRP).

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Download Abra

More: The future of investing has arrived – Abra
Recommended: Abra’s Non-Custodial Bitcoin Backed Global Investment App Is a World First

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

Voyager

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