"CALIFORNIA-based investment mobile application Abra has launched a new feature allowing users in over 150 countries, including the Philippines, to invest in fractional shares of popular stocks and Exchange Traded Funds in the United States (US) using bitcoins.
Abra started here and in the US three years ago. Initially, it’s an app for investing in cryptocurrencies (Bitcoin, Etherium, Ripple, etc.), and now in stocks listed in Nasdaq.
“We just rolled up the stock investing feature a couple of weeks ago. This is the first time that an app like this has made it super easy for anyone in the Philippines to be able to invest in the US shares, and also invest in what we call ‘fractions of shares’ at the same time,” Abra CEO and Founder Bill Barhydt told reporters during their recent news briefing in Makati City.
He cited that the micro-investment they offer works in such a way that if the share price of Apple, for instance, is $200 apiece, Abra users can actually purchase it for $5 each, the minimum amount of investment per stock."
Full article at -
https://businessmirror.com.ph/2019/07/13/abra-offers-filipinos-chance-to-invest-in-us-stocks-using-cryptocurrencies/_______________________________________________________________________________
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Medyo old na pero ngayon ko lang nalaman na pwede na palang bumili ng stocks ng US gamit ang Bitcoin sa Abra. Medyo interesting ito since meron din silang fractional share na kumpara sa iba na buong P50,000 ang babayaran mo para makabili ng isang stock, pero sa fractional share pwede ka ng makabili ng piraso ng stocks sa halagang P250 lang. Super ganda itong feature lalo na sa mga hindi ganoon kalaki ang capital na gusto mag try ng stock market (For sure madaming pinoy dito yan). Isa pa sa nabasa ko sa article is meron din silang dividend as option which is super good sa mga taong gusto ang passive income.
Hindi ko pa nagamit ang Abra app kaya ngayon ko lang nalaman to at kaya hindi ako masyado sure. Sa mga may experience dyan. Ano masasabi nyo dito? maganda bang gamitin ang Abra sa pag-iinvest sa stock market? Ang laki kasi ng capital barrier kapag sa iba ka mag-ininvest ng stocks.