ABRA bitcoin wallet offers no fee for any transaction!!
Good news to all ABRA bitcoin wallet/exchanger they are offering no fee’s in any transaction and converting your bitcoin to any currency around the world.
Here is an example* (with 1 BTC = $10,000, to keep it simple):
Download Abra and complete sign up (make sure to write down your recovery phrase!)
Transfer 1 bitcoin to Abra from an external wallet. Your total Abra portfolio balance is now $10,000.
You instantly exchange 1 BTC into $10,000 USD (or any of the 50+ fiat currencies Abra supports) because you want to protect against a BTC market downturn. Your total Abra portfolio balance is $10,000.
THE PRICE OF BITCOIN DECREASES TO 1 BTC = $5,000
Your Abra portfolio balance is still $10,000, because you converted your funds to USD
You feel there is a good buying opportunity because of the dip, so you exchange your USD back into BTC. Your Abra portfolio balance is now worth 2 BTC, because 1 BTC = $5,000.
THE PRICE OF BITCOIN INCREASES TO 1 BTC = $12,000
Your Abra portfolio balance is now worth $24,000 (2 BTC x $12,000). By converting into USD and then back into BTC at a later date, you now have $12,000 more than if you had just held BTC. At this point, you may decide to lock in the appreciation again by moving funds to USD, or diversify into ETH, for example.
I am a part of @steemitfamilyph. Join us! Follow - Upvote - Resteem - Comment
Be a member on our Facebook page -- click this link
Hello, please follow the rules of the group Steemit for Resteem ↕ and you will be resteemed by the most active members in the group.
You have to resteem a post from the group before you post yours there.
Here is : HOW TO RESTEEM ON STEEMIT ?