Kraken fee credits (KFEE)

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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?

We will occasionally offer KFEE to our clients for various reasons.

What is KFEE worth?

1,000 KFEE = 10 USD worth of trading fees on the Kraken exchange.

The trade does not need to involve USD.

How does KFEE work?

If you have a KFEE balance, it is automatically used to pay for any trading fees incurred.

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?

To redeem a KFEE voucher which has been offered to you, follow these steps:

1
Sign in or create a new Kraken Pro account
2
Go to the Trading tab
3
Hit the Redeem a voucher button in the top-right corner
4
Enter 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?

The volume of fee-free trading for a fixed amount of KFEE depends on the percentage of trading fees. Below are some examples:

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 Multi-Collateral fees	✗ Kraken Futures Single-Collateral fees ✗ Margin trading losses ✗ Bank fees ✗ Deposit fees ✗ Withdrawal fees ✗ Buy/Sell/Convert fees

Does KFEE expire?

No, KFEE balances do not expire so you do not need to feel rushed to trade.

*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.