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Guavy AI Editorial TeamSentiment: 3.8Clout: 83

Kraken Offers $200 Fee Credits to Support Futures Traders

Kraken, a prominent cryptocurrency exchange, has launched an initiative to support its Futures traders with fee credits. The offer provides $200 in KFEE (Kraken Fee Credit) for all eligible traders on Kraken Pro, valid until March 5, 2026.

The KFEE is an internal token that can be used to automatically absorb trading fees during transactions. With 1,000 KFEE equaling 10 USD in trading fees, the $200 credit represents a significant amount for traders, enough to cover a substantial trading volume depending on their fee level.

Kraken's rationale behind this offer is to support traders during periods of high market volatility, when trading activity and costs tend to increase. By providing fee credits, Kraken aims to reduce the impact of fees on traders' performance, especially for high-frequency or scalping strategies where fees can quickly eat into profits.

To claim the KFEE, traders need to follow three simple steps: create or log in to a verified Kraken account, activate Futures on Kraken Pro, and fill out the registration form available on the platform. The credits will be credited to their Kraken Futures account within 7 business days and are valid for 30 days from the credit date.