You will see a new tab on your portfolio screen called “Interest account.” Tap on any crypto or the image to start the application process. If you do not see the interest account tab, this feature may not be available in your area yet or you may need to update your Abra app. If you are running the latest Abra app and still do not see the tab, you may not be eligible to receive interest on Abra at this time.
The application process is meant to collect information that will be sent securely to our partner, Prime Trust. Prime Trust provides custody of your interest-earning assets.
For most customers, the application process takes about a minute, and the approval of your account may take from a few minutes to a few hours. Some customers outside of the United States may see a small delay of a day or two.
We will notify you once you have been approved to earn interest on Abra, and you will be able to transfer crypto from your trading account to your interest account. At this time, any deposits from external wallets must go through your trading account. You can then move it into your interest account.
You will start earning interest the day after you deposit.