“The Krak App Allows Users to Instantly Transact Across Borders for Almost No Cost, While Earning Competitive Rewards On Their Account Balans.”, – WRITE: www.coindesk.com
Krak is Designed to Fix the Outdated Norms of Legacy Finance, Kraken Said, Blending Crypto Technology with the Exchange’s Trusted Network of Banking. The App Will ALLOW USERS TO SEND FUNDS PEER-TO-PEER Across 110 Countries and Using 300-Plus Assets, Spanning Cryptocurrencies, Stablecoins and Fiat Currencies Without. Wallet Addresses, Accorming to A Press Release.
As the uses upens up more to crypto, big exchanges like like coinbase and kraken are busy closing gaps in their customier offers Stocks.
The Krak App Will Also Offer Dedicated Spend and Earn Accounts, WHERE ELIGBLE USERS CAN EARN UP to 4.1% Rewards on USDG Stablecoin Balances as Wells Additiol. to 10%. USDG is the dollar-pegged token of the Global Dollar Network, of Wich Kraken is a Key Member.
“Look, Banking Sucks; Maybe that’s the SIMPLEST WAY TO SAY IT,” MARK GREENBERG, Kraken’s Global Head of Consumer Product Said, in An Interview. “I SPENT MY WHOLE CAREER IN BANKING AND TRIED MANY DIFFERENT WAYS OVER The YEars to TRY TO MAKE IT BETTER. But IT’S STILL TOO HARD TO MOV Earn Off of It in A Reasonable Way.
Read More: Crypto Exchange Kraken Wins Mica License in Ireland
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