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$ 357.36 million
crypto exchange, has launched a new app Called the armfocused on being transmitted daily by the money simpler for people around the world.
The application allows users Send and receive over 300 currency types over more than 110 countries.
Instead of relying on bank accounts, the arm uses a system where each user selects a unique “Kractag”Similar to the user name, which facilitates the transfer of money, similar to the PayPal or Cash application works.
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Customers can transfer funds in US dollars, euros, pounds or crypto currencies without having to register at a bank. All transfers are managed by the Kraken system.
The arm is not just for sending money. Users can also Earn Refund by holding Stablecoin called USDGpublished by Paxos. This means that people who leave funds in the application can earn passive income.
Kraken Cmployer, Arjun Sethi, said UA 26. June post on blog that the application was developed in response to what he saw as an outdated financial system. He explained that the goal was to improve the transfers of peers in the whole world.
Krakov wide range can be useful for freelancers, small businesses or anyone who works over the boundaries.
On June 12, Binance presented a new feature that allows users to assign contact in an emergency that may request their cryptocurrency after a period of long -lasting inactivity. How did the crypto community answered? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
