Kraken Just Launched a Debit Card in the US With 2% Cashback and 600+ Currencies — Here's What That Means for Everyday Crypto Spending
4h ago · 1 source
Kraken has launched the Krak Card in the United States, offering users up to 2% cashback on purchases and support for over 600 currencies, including both crypto and fiat. The card allows users to spend directly from their Kraken accounts, bridging the gap between holding crypto and using it for everyday transactions.
WHY IT MATTERS
Think of the Krak Card like a regular debit card, but instead of being linked to a bank account, it's linked to your Kraken crypto account. So if you own Bitcoin or any other cryptocurrency on Kraken, you can now use it to buy groceries, pay for gas, or shop online — just like swiping a normal card. The 'up to 2% cashback' means you get a small reward back on your purchases, similar to rewards programs from traditional banks. This matters because it makes crypto more practical for everyday people — you no longer have to sell your crypto on an exchange, transfer money to a bank, and then spend it. The card handles all of that automatically.
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Educational only — not financial advice.