Krak is available for US customers.

Krak

Krak Interest Rates

BTC Bitcoin: 0.1%
ETH Ethereum: 1%

up to 3%
XRP Ripple: 1%
SOL Solana: 4%

up to 6%
USDC/USDT Stablecoin: 4.25%

Bonus for new users

$10 bonus with $10 deposit

Compounding Interest: Yes
Payouts: Weekly
Fees: None
Lockup Period: None
Founded: 2025
Headquarters: San Francisco, CA
Availability: Worldwide

staking
usdc
usdg
usdt

Krak Pros

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

Krak Review

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 Venmo and Paypal.

Krak Invite Code / Promo Code

Use invite/promo code @cir during sign up to be eligible for $10 sign up bonus.

Krak focuses on a simple user experience for making peer-to-peer crypto payments to friends.

Krak also offers rewards on supported crypto assets and USDG (the stablecoin default used by the Krak app, Tether (USDT) and Circle (USDC) are also supported).

Krak Auto Earn

Krak pays interest and rewards on certain coins. Specifically, it offers Staking on eligible staking networks (15+ coins including BTC, ETH, XRP, USDT, USDC, SOL, ADA and more). You must turn on auto earn to earn on these assets.

Upcoming Krak Benefits

Krak also is teasing a few options, including a crypto credit card and higher-paying reward accounts called Vaults (assuming this will require lock-up terms).