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Kraken Launches Krak, a No-Fee App to Use and Store Bitcoin and Crypto

  • Kraken has launched Krak, a no-fee, all-in-one global money app that allows users to spend, send, and save across over 300 fiat and digital assets, including Bitcoin.
  • The Krak app aims to merge the best of banking, payments, and crypto into a single user experience, redefining how people manage value in Bitcoin and beyond.
  • Users of Krak can send instant peer-to-peer payments to over 110 countries with personalized Kraktags, manage over 300 assets in one place, and earn rewards on balances without subscriptions or lockups.
  • Kraken's Krak app plans to introduce physical and virtual debit cards for spending at merchants, expand into lending and credit tools, and deepen its footprint in Euro-denominated Bitcoin markets across the 30 European Economic Area countries.

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