Beginner-friendly crypto wallet Ka.app has been attracting more and more users across the globe, especially since they launched their crypto debit card. It’s available in 179+ countries/locations as of writing, with licenses in Italy, Bulgaria, and Seychelles.
If you’ve heard about Ka.app and are interested in using the platform, this crypto wallet review will give you an overview of what it has to offer, plus a step-by-step guide on how you can create an account.
First Things First, What Is Ka.app?
Ka.app is a crypto wallet and payment platform designed to make crypto transactions easy and convenient for all sorts of users. Whether you’re new to crypto or an experienced user, Ka.app aims to simplify and speed up crypto transactions, from buying and selling tokens to sending and receiving funds.
The idea of Ka.app started over dinner in early 2021. Friends Carl Roegind (Ka.app’s Chief Executive Officer) and Sebastian Appelberg (Ka.app’s Chief Technology Officer) were discussing how cryptocurrencies weren’t as easy to use as they want them to be on a daily basis when they thought of creating a product that would provide solutions over this dilemma. They started learning more about the crypto industry, then grew their team from the ground up.
Top Ka.app Features: 8 Things We Like Most About the Platform
Ka.app has a wide range of features that enable users to fully manage their crypto journey. These include, but are not limited to, the following:
1. Buy Crypto with Your Preferred Payment Method
One of the best things about Ka.app is that you have a good number of payment options for purchasing crypto. Users in the European Economic Area (EEA), for instance, can buy crypto with euro (EUR) using IBAN or a crypto/debit card. Meanwhile, users from the other parts of the globe can access the Ramp integration, which allows them to buy crypto with Apple Pay, bank transfers, and credit/debit cards as well.
Having these options can give you more flexibility, especially if you like switching things up on your transactions.
2. Convert Crypto Within Seconds
Ka.app makes it simple to convert your tokens to EUR and vice versa, allowing you to spend your crypto assets just like traditional money. This feature is especially useful for people who want to bridge the gap between crypto and traditional finance without complex procedures or the need for multiple platforms. This also makes it easier for you to use funds for daily transactions or cash out money as you can use the Ka. Debit Card to withdraw EUR straight from Ka.app.
At the same time, you can also convert one crypto to another (e.g., Bitcoin to Ethereum) hassle-free in just a few steps.
3. Send Crypto for Free to Other Ka.app Users
Another standout Ka.app feature is the ability to send crypto instantly and without fees to other Ka.app users. This makes transferring funds to friends, family, or business contacts quick, easy, and affordable, especially for international remittances.
4. Your Personal IBAN on the Platform
Ka.app gives users the unique ability to create a personal IBAN (International Bank Account Number) right within the platform. This feature, designed for EEA users, lets you transfer/deposit EUR from an external bank account into the platform, merging the convenience of traditional banking with blockchain technology.
Getting your IBAN on Ka.app is a simple process. You just have to activate the Cash feature in the platform, and you’ll automatically generate your Ka. IBAN.
5. Ka. Debit Card for Real-World Spending
The Ka.app platform also offers a debit card, allowing you to spend your tokens in the real world by converting them to EUR. The Ka. Debit Card is Visa-compatible, so you can use it in stores, at ATMs, or for online shopping, just like a traditional debit card. This card is especially valuable for those if want to integrate crypto into everyday spending.
6. Lock Up KASTA Tokens to Activate Exclusive Benefits
Ka.app has a KASTA (the native token of Ka.app) lock up feature that offers different tiers that unlock specific benefits for users. All you need to do is to lock up at least 40 tokens to unlock a tier in the platform for at least six months and you can unlock annual percentage yields (APY) and discounted service fees for conversions, crypto purchases, and more.
You can earn as much as 8% APY on KASTA tier VII (the highest available tier to date) and enjoy service fees as low as just 0.376% of your transaction amount.
7. Generous Referral Program
Ka.app offers an exciting way for users to earn rewards through its Refer a Friend program. By successfully inviting friends to join the Ka.app platform, you not only help grow the Ka.app community but also get the opportunity to earn up to $1,000 worth of tokens (which would be credited directly to your Ka.app wallet).
Both you and your referral can earn a certain amount of tokens from their service fees when they make a transaction, and you can keep earning until you reach the $1,000 limit each. The more referrals you make, the more you can earn, and there’s no cap on the number of people you can invite, so the sky’s the limit!
8. Robust Security Features
Security is a top priority for Ka.app. The platform uses advanced encryption, and a battle-tested, institutional-grade multiparty computation technology through Fireblocks. Consequently, it offers two-factor authentication (2FA), regular software updates, and robust Know Your Customer (KYC) checks that help prevent fraud, money laundering, and other illegal transactions.
Available Cryptocurrencies on Ka.app
Ka.app accepts some of the most popular cryptocurrencies in the market such as:
- Bitcoin (BTC)
- Ethereum (ETH)
- KASTA
- Tether (USDT)
- USD Coin (USDC)
- Binance Coin (BNB)
- POL (Polygon)
- Cardano (ADA)
- Polkadot (DOT)
- Solana (SOL)
As mentioned, EUR is also available on the platform for EEA users.
How to Set Up Your Ka.app Wallet
Ready to kick off a much simpler crypto journey with Ka.app? Here’s how you can set up your wallet:
1. Start the sign up process. Enter all the required details.
2. Set up your PIN code.
3. Complete the KYC check. See the accepted proof of identification and proof of address documents here.
4. Ka.app’s compliance team will review your account, and once approved, you’re good to go!5. Download the web app into your smartphone or tablet by going to my.ka.app using your browser, clicking/tapping the ‘Share’ button, and then choosing ‘Add to Home Screen.’
Final Thoughts: Is Ka.app the One-Stop Crypto Wallet You Need?
If you’re looking for a crypto wallet that combines ease of use, versatility, and security, Ka.app could be just what you need. With a wide range of features designed to make crypto accessible and manageable for everyone—whether you’re new to the space or a seasoned user—Ka.app brings everything together in one convenient platform.
From buying and selling crypto with various payment options to storing funds securely, earning rewards, and even accessing your own personal IBAN for seamless transfers, Ka.app covers all the essentials and then some more.
FAQs
Is Ka.app available in my country?
You can access Ka.app in 179 countries/locations across the globe. See the list of restricted countries here.
Is Ka.app licensed?
Yes, Ka.app has licenses in Bulgaria, Italy, and Seychelles.
Is Ka.app audited?
Yes, Ka.app undergoes regular audits conducted by Zokyo.
What is the KASTA token, and what does it do?
As the native cryptocurrency of Ka.app, the KASTA token plays a crucial role within the Ka.app ecosystem. It allows you to earn Refer a Friend rewards, activate discounted service fees through lockups, and also offers APYs through different tiers on the platform. KASTA is also a speculative investment that you can trade on several exchanges.
How can I get KASTA tokens?
Aside from buying them on Ka.app, you can also get KASTA tokens on various centralized and decentralized exchanges, such as ByBit, MEXC, Gate.io, LATOKEN, QuickSwap, and Uniswap v3, among many others.
