Crypto users gain borrowing and payout tools in Kraken Exchange app overhaul

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Hanna Syniavska

14.08.2026

Crypto users gain borrowing and payout tools in Kraken Exchange app overhaul — Kraken Exchange launches app enhancements

Kraken Exchange announced major updates to its mobile app, rolling out new borrowing and payment features for its users.

The update enables users to borrow against their existing crypto holdings without liquidating assets, as well as participate in profit-sharing funding challenges. Additionally, the new Kraken Card allows customers to pay with cryptocurrencies like cash and earn up to 2 percent back in rewards. Kraken Exchange continues to expand its product suite to improve access and utility in the crypto ecosystem.

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Kraken Exchange has introduced promotions to engage its user base, including a Williams F1 sweepstakes in Madrid for app participants. The company has also released a free AI Investing Guide for crypto investors seeking to leverage artificial intelligence. These initiatives reflect Kraken’s continued push to expand its offerings beyond standard trading services.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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