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Krak

Krak

Krak is a new simple crypto-powered mobile payment app by the popular Kraken crypto exchange. It is designed to be a crypto-friendly alternative to Ve...

Fido

Fido

Fido is a crypto-yield platform offering 10% APY with a simple, banking-like app. Unlike other centralized lenders, Fido uses self-custody and is non-...

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General

Platform
Krak logo
Fido logo
Founded
Krak 2025
Fido 2025
Headquarters
Krak San Francisco, CA
Fido
Availability
Krak Worldwide
Fido Worldwide

Fees & Financial

Bonus
Krak $10 bonus after $10 deposit with code: CIR
Fido 30-day 1% APY boost with code: CIR ($250 deposit required)
Token
Krak
Fido
Compounding
Krak Yes
Fido Yes
Payouts
Krak Weekly
Fido Every second
Fees
Krak None
Fido None
Lockup
Krak None
Fido None
Maker Fee
Krak
Fido
Taker Fee
Krak
Fido

Cryptocurrency Rates

BTC Rate
Krak 0.1%
Fido
BTC Max
Krak
Fido
ETH Rate
Krak 1%
Fido
ETH Max
Krak
Fido
Stablecoin Rate
Krak 3.6%
Fido 10%

Unique Pros

  • Simple, fee-free and rewarding app to manage crypto payments
  • Pays interest rewards on most coins
  • No lock ups

Key Cons

  • Rates are modest
  • New app with limited features vs full Kraken

Unique Pros

  • Deposit or withdraw USDC or USD
  • $100k insurance included
  • Fixed target rate

Key Cons

  • 10% is a target rate, not guaranteed
  • US-focused