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
How do I get KFEE?
What is KFEE worth?
The trade does not need to involve USD.
How does KFEE work?
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.
How do I redeem a KFEE voucher?
- 2Go to the Trading tab
- 3Hit the Redeem a voucher button in the top-right corner
- 4Enter your Voucher code and click Redeem!
Do you have a voucher and the Redeem button is not appearing?
If you receive a voucher by email, you must open the voucher link and then redeem the code on the same device. Please open the email and click on the link using the device that you would typically use Kraken on, rather than opening the email on one device and then going on Kraken with a different device.
How much fee-free trading can I do?
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.
What else can I use KFEE for?
Can be paid with KFEE | Cannot be paid with KFEE |
---|---|
✔︎ Trading fees ✔︎ Opening fees for spot positions on margin* ✔︎ Rollover fees for spot positions on margin |
✗ Kraken Futures fees ✗ Margin trading losses ✗ Bank fees ✗ Deposit fees ✗ Withdrawal fees ✗ Buy/Sell/Convert fees |
Does KFEE expire?
*Availability of margin trading services is subject to certain limitations and eligibility criteria.
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.