eAccording to what is stated on Abra's website, it will initially be a select group of users who will have at their disposal the first transactions to acquire the cryptoactive and in the following days the possibility will be extended to the rest of the users of the application.
Users whose purchase option is already enabled can purchase up to $ 200 in bitcoins per day, and up to $ 1,000 per month with a fee charged by Abra of 4% on transaction made.
Abra founder and CEO Bill Barhydt said that the alliance's venture is not intended to generate fee income but to gain market share in exchange rate management and that the interest rate is to cover its costs.
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