Kraken fee credits (KFEE) are internal tokens that can only be used to pay for trading fees on our exchange. They are found exclusively on kraken.com and are labeled with the code KFEE or FEE.
Frequently asked questions
The trade does not need to involve USD.
KFEE essentially allows you to trade fee-free up to a certain volume.
For example, a trade worth 3,846 USD executed with a 0.26% fee would cost 10 USD. Instead of paying that 10 USD from your USD balance, 1,000 KFEE would be deducted from your KFEE balance.
|Fee percentage||Fee-free trade volume per 1,000 KFEE|
|Highest taker fee (0.26%)||3,846 USD|
|Highest maker fee (0.16%)||6,250 USD|
|Lowest taker fee (0.10%)||10,000 USD|
|Lowest maker fee (0.02%)||50,000 USD|
*Note: Maker fees can actually go as low as 0%, but in that situation KFEE wouldn't need to be used.
The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.