Kraken has launched the Krak app, a no-fee platform designed to facilitate spending, sending, and saving across more than 300 assets, including Bitcoin. The app offers instant peer-to-peer payments in over 110 countries using personalized tags, eliminating the need for bank details. Users can earn rewards on stablecoins and digital assets. Future features include debit cards and expanded lending services. With recent MiCA license approval, Kraken is set to enhance its services in the European Economic Area, reaffirming its commitment to making financial services universally accessible.
Krak users can send instant peer-to-peer payments to over 110 countries with just a personalized Kraktag-no bank details or wallet addresses needed.
We built and launched the Krak app because the financial system has been stuck in the past, and we think it's time to do something about it.
We believe that basic financial services should be universally accessible, and that money should move as easily as information does.
Krak is just the beginning and will redefine how people move and manage value in Bitcoin and beyond.
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