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the new app by Kraken that revolutionizes money management

Krak di Kraken presents itself as a true revolution in the world of financial management, combining the power of cryptocurrencies with the practicality of daily operations. 

Launched by Kraken, one of the most long-standing and reliable crypto platforms globally, the new app promises to redefine the way people send, save, and spend money, surpassing the limits imposed by traditional banks.

A global app for a digital generation: the Krak novelty by Kraken 

Designed for an increasingly digital and connected generation, Krak was created with the goal of offering users maximum freedom and autonomy in managing their own funds. 

The app allows the management of over 300 assets among fiat and digital currencies, enabling instant transfers at extremely low costs in more than 110 countries.

This all-in-one solution presents itself as a true portable financial hub, capable of adapting to the needs of those living in a borderless world.

According to Arjun Sethi, co-CEO of Kraken, Krak’s mission is clear: “The financial system has remained anchored to the past, and we believe it’s time to change.

With Krak, we want to rebuild what we consider the most important layer of the global economy: the way people move and use their money.”

The app, in fact, aims to make basic financial services as universal and accessible as drinking water, with the same ease with which information is exchanged today.

One of the most significant innovations of Krak is the ability to make peer-to-peer payments instantly and at reduced costs between app users, in over 110 countries.

Thanks to Kraktag, personalized identifiers, it is no longer necessary to enter bank details or wallet addresses: just the Kraktag to send or request money in more than 300 assets, including cryptocurrencies, stablecoin, and fiat currencies.

Krak offers separate accounts for daily spending and saving, allowing users to easily manage their finances.

On balances in stablecoin USDG, it is possible to earn up to 4.1% rewards, while on over 20 digital assets, earning opportunities can reach up to 10%, with no restrictions or subscriptions. A solution designed for those who wish to make their savings grow without complications.

News coming: advanced cards and services

The Krak ecosystem is set to expand further. The launch of physical and virtual Krak cards is already planned, which can be used for online purchases and in stores worldwide, in addition to pay-in-advance services like loans and credit cards.

These features will make the app even more comprehensive, providing users with all the necessary tools for modern and flexible financial management.

Krak is based on the technological innovation of cryptocurrencies and the solid network of banking and payment partnerships built by Kraken over the years. This ensures users a secure, reliable, and transparent environment for managing their assets.

The platform offers professional customer support active 24/7, 365 days a year, to address any needs or concerns.

Founded in 2011, Kraken has established itself as one of the most secure and long-standing crypto platforms in the world. Its mission is to promote the global adoption of cryptocurrencies and to foster financial freedom and inclusion for everyone.

Today, Kraken customers can trade over 300 digital assets and 6 national currencies (GBP, EUR, USD, CAD, CHF, AUD), accessing spot trading, margin, parachain auctions, staking, regulated derivatives, and indices services.

Kraken was the first crypto platform to conduct a Proof of Reserves, setting new standards of transparency and trust in the sector. Kraken markets are accessible both via the web and through the Kraken and Kraken Pro apps, available for iOS and Android devices.

A more accessible financial future

The arrival of Krak marks an important step towards a future where money management will be increasingly simple, accessible, and global. As Sethi emphasizes again, “Krak is just the beginning: it will be the pillar on which the future of money management for everyone will be founded.”

The app aims to become an indispensable tool for those who desire total and immediate control over their assets, overcoming the barriers imposed by traditional systems.

For those who want to discover all the potential of Krak, the app is already available on Google Play Store and Apple App Store, as well as on the official Kraken website.

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