Send and receive money instantly with Krak – the fast, secure, and easy way to pay anyone, anytime. No banks. No hassle. Just tap and go.
Krak is a money app that helps you earn, send and spend. Get up to 8% APY, send money to 160+ countries and unlock travel perks with Krak Concierge.
→ YOUR MONEY WORKS WHILE YOU SPEND
Krak puts select assets to work at up to 8% APY. No lock-ins, no minimum balance. Always earning and ready to spend when you need it.
→ SEND, SPLIT AND PAY GLOBALLY
— Send money to 160+ countries.
— Pay anyone instantly with a @Kraktag.
→ KRAK CONCIERGE
Up to 60% off luxury hotel bookings and up to 6% cashback on top.
→ DISCLAIMERS
Geo restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer. Please see our fee schedule for more information: www.kraken.com/features/fee-schedule.
APY is variable and not guaranteed; there is a risk of loss. Onchain interactions involve technological, market, and operational risks (see Terms of Service). Kraken does not control third-party protocols. Provided by Payward Wallet, LLC. Fees apply. Geo restrictions apply. Vaults are an unregulated product.
Geographic restrictions apply. Rewards rates are determined and paid out by Kraken in its sole discretion and are subject to change. See our Terms of Service for more info. Due to its partnership with the issuer, Kraken receives an economic benefit with respect to amounts of stablecoin minted, held on platform, and received in on-chain transfers.
Geo restrictions apply. Krak Concierge processes bookings via Entravel Holdings Ltd. (“EH”). Krak is not a travel agent and the merchant of record for bookings. Prices, taxes and fees are set by the provider. Cancellations/refunds follow the hotel and/or EH policy. Instant buy/sell fees apply and are shown when converting one asset or currency before making a transfer. See our fee schedule for details. Krak may receive a commission from EH on completed stays.
This is great - user friendly and I love being able to earn a competitive yield on my USDG - this means I won’t have to transfer it back out somewhere else where it will earn a better rate. I’d love to see something like expense tracking and groups like Venmo/Splitwise. This would convince me to fully make the jump over to Krak. Thanks!
Developer Response
Your feedback is much appreciated and heard. If you have any other feedback let us know or reach out on our socials!https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media
Unfortunately confusing
lady foxtrot
To test it out I put $50 in my Krak and converted it to USDG for the APY benefits. But then when I wanted to use it to buy crypto I couldn’t figure out how to put that money in my Kraken. There’s a “transfer” that would show it had moved it, but only within the Krak app. When I went to my Kraken nothing had changed or been added; no activity changes noted in Kraken either. I’m currently waiting on support trying to figure out how to get my money into my Kraken. This seems like a poor UI issue, not a finance issue. Perhaps some tutorial videos are needed to permanently exist in the menu.
Developer Response
Hi there! Thanks for the feedback. 'Everyday' balance refers to the funds in the Krak app. On the right side you will see Kraken which is the balance in your Kraken account. If you want to move your Krak 'Everyday' funds to Kraken you need to select transfer after clicking on your 'Everyday' account. If this does not work, please reach out to us via another social media platform so we can review this in depth and assist. Here's how to reach us 👉 https://support.kraken.com/articles/201351886. Thanks a lot!
Gamechanger for payments
JaredRBlake
Couldn’t send money easily to Canada, now I can instantly and for free. Game changer in both its accessibility and how enjoyable it makes payments. Excited to see Kraken compete with my checking account and win.
Developer Response
Great to hear it's working for you well in your region! Stay tuned for even more awesome upcoming features.
Amazing
Aeoris Targaryen
Platform works perfectly as expected, support was fast and reliable when I had a delay with a deposit I made.
Developer Response
Thanks for the wonderful feedback. We're glad that your experience is nothing less than what we intended. Keep on Krak-in, Aeoris! 💜
We’re always making sure Krak is easy, safe and secure for you to use.
This release contains various improvements and fixes.
Version 1.52.0
The developer, Kraken, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Usage Data
Data Linked to You
The following data may be collected and linked to your identity:
Purchases
Financial Info
Location
Contact Info
User Content
Search History
Identifiers
Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Usage Data
Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
