Krak Reviews 34

Easy sign up. Instant and easy access to my assets on Kraken. Nice app UX

Great add on app to the kraken family of apps.
Really easy to move funds between krak and kraken and a wide range of funding options.
Love the 1% cashback on spending, no other company in Europe can compete with such good cashback rewards.

Very convenient to pay with crypto and send cryptos with tags

Sleek app, easy to send money

Best new banking app. You get a 1% salary match every month and 2% cashback, and the account is completely free.

The Krak app is far superior to my traditional bank account. Having the flexibility to store my money in 500 different currencies and instantly spend at the checkout is a game-changer. Keep up the great work Krak team

⚠️ SCAM WARNING – Don’t Deposit ETH!

This app is a scam. I lost my ETH and got no service in return. Please read before using.

The app says the minimum deposit is 0.005 ETH. I sent ETH from my exchange, but due to the exchange fee, only 0.0047 ETH was received. That deposit showed as "failed" on the app — which I understood since it didn’t meet the 0.005 ETH minimum.

To fix it, I sent another 0.0012 ETH from the same wallet, thinking the total (0.0047 + 0.0012 = 0.0059 ETH) would now be enough.

But here’s the issue:

The second deposit never showed in my dashboard.

The app only shows the first failed 0.0047 ETH.

They completely ignored the second transaction.

I contacted support, but they said I must deposit at least 0.005 ETH in a single transaction, and refused to help or combine the two deposits. They also didn’t offer a refund for the failed one.

That means they kept my 0.0059 ETH and gave me nothing. If this was a real system, they would:

Accept combined deposits,

Or refund failed ones.

Instead, it looks like they purposely trap users into sending just below the limit, then ignore any additional small deposits, hoping users give up.

This feels like a planned scam to collect small amounts from many users. They say one thing but act in a way that steals your funds without support or transparency.

Avoid this app. Don’t trust them. Don’t send ETH. They are scammers.

(even a small exchange gives return of minimum criteria not meet )

ALSO THIS REPLY FROM TEAM

The minimum deposit amount on Kraken for Ethereum (ETH) over the Base network is 0.005 ETH as stated on the deposit page.

Your deposits: 0.00497 ETH and 0.00122759 ΕΤΗ

ETH deposits below the minimum amount will unfortunately not be returned or credited to your account even if more funds are sent.

Each ETH deposit is independent of one another and even if more funds are sent, each ETH deposit below the minimum is independent and cannot be credited.

Please let us know if you need further help.

The worst app. When you deposit by card you can't withdraw for 3 days . Super high fees . Other apps let's u withdraw instantly but this app wants to lock ur money for 3 days. No reason to use it