{"id":184548,"date":"2025-12-02T12:21:31","date_gmt":"2025-12-02T10:21:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=184548"},"modified":"2025-12-02T12:21:31","modified_gmt":"2025-12-02T10:21:31","slug":"krak-debuts-its-all-in-one-crypto-account-and-card-spend-send-earn-up-to-10-apy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/krak-debuts-its-all-in-one-crypto-account-and-card-spend-send-earn-up-to-10-apy\/","title":{"rendered":"Krak Debuts Its All-In-One Crypto Account and Card: Spend, Send, Earn up to 10% APY"},"content":{"rendered":"

Kraken recently announced the launch of \u201cKrak Card\u201d in the UK and the EU as part of a phased global rollout. This Mastercard-powered debit card is a crucial piece of Kraken\u2019s all-in-one platform, \u201cKrak,\u201d which first debuted as a mobile app this year.<\/p>\n

The launch is meant to feel like a modern money app designed to work with digital assets seamlessly. In fact, it positions Kraken to directly challenge traditional neobanks like Revolut and payment apps like PayPal.<\/p>\n

Which begs the question: what does a truly unified crypto account unlock for everyday users? Read on to discover how Krak works and how you can get started in just a few steps.<\/p>\n

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products, or other materials on this page.<\/strong><\/em><\/span><\/p>\n

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Why Traditional Banks Can\u2019t Keep Up With Modern Finance<\/h2>\n

It\u2019s challenging for traditional banks to keep up with today\u2019s fast-paced global world. To put things in perspective, it can still take 3 to 5 business days for a bank-to-bank money transfer across countries. Also, most savings accounts offer a nominal interest rate, which massively undermines passive income potential. Even credit and debit cards that do give rewards typically have limits, hidden fees, or high currency conversion fees.<\/p>\n

Krak is reimagining the model entirely by actively building a crypto banking app that combines spending, global crypto transfers, and earning into a single app. This will give you greater freedom and faster access than traditional banks.<\/p>\n

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Spend Crypto Worldwide With the Krak Card and Earn up to 1% Bitcoin Cashback<\/strong><\/h2>\n

One of the main draws for retail users is global eligibility, as the Kraken crypto debit card<\/a> works anywhere Mastercard is accepted.<\/p>\n

But more importantly, you can get up to 1% back on every purchase, either in your local currency or in Bitcoin. There are no limits on rewards, and no hoops to jump through to claim them, making it a promising card with Bitcoin cashback.<\/p>\n

\"Krak<\/p>\n

You can even pay with more than 400 currencies that Krak supports, including fiat and crypto. At checkout, conversion will occur instantly with no extra fees, such as foreign exchange, transaction, or ATM withdrawal fees.<\/p>\n

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Visit Kraken<\/span><\/a><\/div>\n\n<\/div>\n<\/div>\n

Send Money Globally in Seconds With Krak\u2019s Instant Transfers<\/strong><\/h2>\n

Krak makes sending money across borders as easy as sending a message. For perspective, Krak Users can send cash, crypto, or stablecoins to other users instantly, without having to enter bank codes or wait. They can pay anyone using their personal Kraktag, which is a unique username.<\/p>\n

\"Krak<\/p>\n

In a practical scenario, this will make it easy to pay a freelancer who lives in another country. Moreover, transfers are instant and free between Krak accounts, without the high fees or poor exchange rates you\u2019d get from a bank. You can send crypto instantly or transfer fiat globally, and Krak will handle any currency conversion behind the scenes.<\/p>\n

And soon, users will also be able to get their paychecks directly in their Krak account, ready to spend, send, or put to work as soon as they arrive.<\/p>\n

How Krak Vaults Help You Grow Your Crypto With up to 10% APY<\/strong><\/h2>\n

Crypto enthusiasts are also excited about Krak Vaults, flexible crypto yield products that use DeFi strategies to help you earn up to 10% APY crypto.<\/p>\n

There are multiple vaults for people with varying levels of risk tolerance:<\/p>\n