NewsYou can now top up your crypto wallet from...

You can now top up your crypto wallet from all 7-Elevens in the Philippines


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Crypto-wallet company Abra announced Wednesday that customers can now top-up their Abra crypto wallets in all 6,000 7-Eleven stores in the Philippines.

Abra is a wallet that lets users invest in stocks using crypto. It has partnered with ECPay, an e-commerce payments company, to make this happen.

Users of the Abra wallet can top up their wallet in fiat money, which they can then swap into any of 25 supported cryptocurrencies—including Bitcoin, Ethereum and Zcash—as well as 49 other fiat currencies. To do so, they must find a CLIQQ kiosk inside any 7-Eleven in the Philippines, and transfer at least 500 Philippines Pesos ($9.60) into the wallet. The maximum deposit is 100,000 Pesos ($1,925).

But it’s not instant: deposits can take up to two days to be credited in the user’s wallet.

Abra isn’t the only company trying to make it easy for people to get their hands on cryptocurrencies. Dash, a cryptocurrency optimized for e-commerce, announced last week that it is now accepted at around 1,000 ATMs worldwide. But whether anyone is actually using these services is another question.



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