We were selected as one of the partners for the distribution of funds to former clients of FTX. Since these payouts will be in U.S. dollars, we want to minimize the cost of reinvesting that money into crypto for those who decide to put their trust in us.
New clients that select Kraken to receive their funds from FTX will receive fee credits that allow them to buy up to $50,000 in crypto on Kraken Pro without paying any trading fees. Proportional to the amount of funds received, they will receive up to $105 in Kraken trading fee credits (KFEE). These will be credited to the client’s account upon receipt of the FTX distribution.
To ensure clients receive their funds when FTX distributions start, they can complete the necessary steps thro ..
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