About the product
Kraken Krak Card overview
Kraken Krak Card is a debit card tied directly to your Kraken account. It lets you spend the balance held on the exchange without first withdrawing to a bank account.
Key terms
- Card type: Debit Mastercard
- Supported currencies: fiat: EUR, GBP; BTC, ETH, USDT; and other assets available on Kraken
- Where it works: EEA countries, United Kingdom
- Fees: 0% virtual card issuance; per Kraken pricing; ATM withdrawal fees may apply
Key features
The card runs on Mastercard and is accepted wherever that network works, with assets converted into fiat at the market rate at the point of sale. You apply through the Kraken mobile app: after verification you can issue a virtual card and add it to Apple Pay or Google Pay. Like most exchange cards, Krak Card has no credit line — you can only spend what is on your balance.
How to get the card
- Create an account on Kraken and pass verification (KYC).
- Apply for the card in the Card section.
- Fund your exchange balance with a supported asset and add the card to Apple Pay or Google Pay.