Skyrocketing inflation. Your euro account loses value where you stand. This got us thinking. What if you never have to sell your portfolio again? Knaken Settle makes it possible to fulfil your payment obligations. Without selling your coins and withdrawing euros.

Vision

Knaken Settle is an important new product within the Knaken ecosystem. This product helps us bring our vision closer to reality. Namely contributing to the adoption of crypto in our society. Knaken Settle makes it possible to pay with your crypto portfolio. This means you don't have to use a traditional bank to make a payment! The large-scale adoption of crypto has begun and we are just getting started.

Use

Knaken Settle can be used in two ways. To pay in a (web) shop and to send payment requests to your friends, family or colleagues.

Shop

The first and most common way of Settle is being able to pay, online and offline. This means that you will soon be able to pay with Settle at your favorite clothing store and therefore pay with your crypto. You pay in a simple way, comparable to the payment methods you are already familiar with.

Payment requests

The second way you will use Settle is to send payment requests. You can now send a payment request to your friends. For example, advance tickets or a drink. You can create a payment request via our app or portal. Then you can share this link via email, sms, whatsapp and many other ways. You can then keep track of all the details surrounding the payment on the platform.

Benefits

• One of the main advantages is not having to sell and withdraw your portfolio to pay your bill. You do it now by paying directly from your portfolio.
• Knaken Settle is free. No set up fees. No 3% credit card fees. No hidden costs. We earn our money by switching from crypto to euro and vice versa. This makes Knaken Settle one of the cheapest ways to pay.
• Payments you make via Knaken are processed immediately. The money will be credited to your account within 10 seconds. No more waiting for the next business day. Pay in real time.
• Knaken Settle uses the latest technology in the field of cyber security. This ensures that you can pay your friends and receive payments with peace of mind.

Share

Now share your first Settle with one of your friends and when he or she opens an account they will become part of your affiliates. Hereby we share 20% of the profit we earn from this customer with you! For the rest of your life! In addition, at Knaken we give everyone a tenner as a gift for his or her first paid Settle. So in short, we split the winnings and your friends receive €10 cashback on their first Settle. Ready to settle?

Knaken Settle makes it possible to change your portfolio to a payment account. You never have to sell your portfolio and withdraw the euros to your bank again. Save in your favorite currencies and protect yourself from inflation with Knaken Settle.

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