CEX has launched a brand new integrated global financial application "Krak".

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On June 26, according to CoinDesk, the cryptocurrency trading platform CEX launched a blockchain-driven global financial application called Krak, which allows users to achieve cross-border instant transactions at almost zero cost while earning competitive returns on their account balance. CEX stated that Krak is designed to address the outdated rules of the traditional financial system, integrating encryption technology with CEX's trusted banking relationship network and payment partnerships. The application allows users to make peer-to-peer money transfers across 110 countries worldwide, supporting over 300 types of assets, including crypto assets, stablecoins, and fiat currencies, without the need to fill in bank information or encryption wallet addresses.

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