Kraken has launched the KRAK App, a peer-to-peer payments app allowing users to send and receive over 300 assets instantly, including local currencies and cryptocurrencies.
Key features of the KRAK App include instant 24/7 payments, global accessibility in 100+ countries, support for 300+ assets, free or low fees for transfers, and the ability to earn yield.
The app is built on Kraken's compliance infrastructure and offers both virtual and physical cards soon for spending. Users can earn $10 by completing their first transaction using a referral link.
KRAK represents Kraken's shift towards becoming a financial super app, providing a crypto-native way for global money movement in a world where crypto, fintech, and banking intersect.