Abra, a full-service cryptocurrency wallet and exchange app, today announced it has partnered with Coinify, a technology gateway for bitcoin and other cryptocurrencies. The partnership will extend Abra’s services of buying and selling cryptocurrencies to the European market.
Coinify’s cryptocurrency-to-fiat trade engine will now power Abra wallets, allowing for extended wallet services within the European region whereby users will have the option to buy bitcoin using bank transfers.
The Coinify integration allows Abra to onboard European users of the wallet and offer Single Euro Payment Area (SEPA) bank transfers within the Abra app.
“With continued adoption of virtual currencies, we are excited to partner with Abra and extend our wallet services further. Their expansion into the European market aligns with our strategy in bridging the virtual and traditional payments arena. Furthermore, Abra’s all-in-one currency exchange application is a brilliant example of continued differentiation within this space. We look forward to helping Abra on-board even more wallet users into their multi-currency swapping service, as well as being a part of their ongoing success.”