According to the statement, Krak's main source of revenue is expected to come through exchange fees when users swap one asset or currency for another. The app supports over 300 crypto and fiat currencies.
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Kraken to compete with Venmo and PayPal with new cross-border payments app Krak
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Krak's primary revenue model is based on exchange fees charged when users convert between over 300 supported crypto and fiat currencies within the app
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