Kraken: Buy Stocks & Crypto
play.google.comSummary
Kraken is a mobile application that functions as a cryptocurrency and stock exchange. It allows users to buy, sell, and trade a wide variety of cryptocurrencies, including Bitcoin, and also offers commission-free trading of US stocks and ETFs. The platform emphasizes low fees, 24/7 support, and robust security standards for its users.
Features4/12
See allMust Have
3 of 5
Instant P2P Transfers
Commission-Free Stock Trading
Bitcoin Trading
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Other
1 of 7
Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
PricingFreemium
See allKraken+
- Zero trading fees (up to $10k/month)
- Earn boosted, up to 4%+ APR on USDG
- Spread and payment processing fees still apply
- Boosted USDG Rewards, including the Rewards rate, is subject to change and is not available in all regions
Rationale
Kraken is primarily a cryptocurrency exchange that has expanded to include stock trading. It offers commission-free stock trading and bitcoin trading, which are direct matches to the must-have features. It also mentions security standards and the ability to send money fast to other Kraken users with zero fees, aligning with fraud monitoring and instant P2P transfers. However, it does not offer a prepaid debit card, early direct deposit, or high-yield savings, which are key features of the described concept.
