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Krak

Krak

Krak is a new simple crypto-powered mobile payment app by the popular Kraken crypto exchange. It is designed to be a crypto-friendly alternative to Ve...

Lantern Finance

Lantern Finance

Lantern Finance offers cryptocurrency-backed loan products that allow users to obtain loans secured by their digital assets. Lantern Finance offers co...

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General

Platform
Krak logo
Lantern Finance logo
Founded
Krak 2025
Lantern Finance 2023
Headquarters
Krak San Francisco, CA
Lantern Finance Las Vegas, NV
Availability
Krak Worldwide
Lantern Finance Worldwide

Fees & Financial

Bonus
Krak $10 bonus after $10 deposit with code: CIR
Lantern Finance
Token
Krak
Lantern Finance
Compounding
Krak Yes
Lantern Finance No
Payouts
Krak Weekly
Lantern Finance
Fees
Krak None
Lantern Finance
Lockup
Krak None
Lantern Finance
Maker Fee
Krak
Lantern Finance
Taker Fee
Krak
Lantern Finance

Cryptocurrency Rates

BTC Rate
Krak 0.1%
Lantern Finance
BTC Max
Krak
Lantern Finance
ETH Rate
Krak 1%
Lantern Finance
ETH Max
Krak
Lantern Finance
Stablecoin Rate
Krak 3.6%
Lantern Finance

Unique Pros

  • Simple, fee-free and rewarding app to manage crypto payments
  • Pays interest rewards on most coins
  • No lock ups

Key Cons

  • Rates are modest
  • New app with limited features vs full Kraken

Lantern Finance

Full Review →

Unique Pros

  • Supports many collateral coins (BTC, ETH, SOL, LTC, DOGE)
  • US-based

Key Cons

  • Loans only, no earn product
  • Newer platform, limited track record