Krak is an Android application from Payward, Inc., the team behind Kraken, one of the world’s most popular cryptocurrency exchanges. This utility provides access to global payments and borderless currency management. Instant peer-to-peer transactions are provided.
Payments and fees
With the app, users can send money within seconds to over 160 countries. Instant payments require the recipient’s unique @Kraktag username. There is no need to know international bank account details or lengthy e-wallet addresses.
Notably, Krak offers zero operation fees on payments. When a currency conversion is required, all rates are displayed upfront for full transparency. Transfers happen instantly, so there is no need to wait for business hours, just like in Bitget Wallet.
Currencies and funding
This platform allows you to store, convert, and send over 300 fiat currencies, stablecoins, and cryptocurrencies. This includes mainstream currencies like USD, EUR, and GBP, alongside many digital assets. Conversion happens in real time, so you can see every cost before confirming transactions.
It is possible to hold various assets and get rewards. There are no minimum commitment periods. Krak accepts both fiat and crypto for funding accounts. It is possible to link to external bank cards or digital wallets.
The personalized @Kraktag ID system functions like your digital username. Payments, requests, reminders, or animated paylinks are made in an interface that mimics instant messaging apps. You can use dedicated accounts for spending and earning.
Features
- offers global payments and instant peer-to-peer transactions;
- allows you to store, convert, and send over 300 currencies;
- @Kraktag ID system functions like your digital username;
- it is possible to hold various assets and get rewards;
- the app is free to download and use;
- compatible with current Android versions.
