Kraken provides encrypted transaction fee credit for FTX creditor users

Odaily Planet Daily News: According to official announcements, Kraken has been selected as one of the partners to distribute funds to former FTX customers. As these expenses will be paid in US dollars, new users who choose Kraken to receive funds from FTX will receive a fee credit, allowing them to purchase up to $50000 worth of cryptocurrency on Kraken Pro without paying any transaction fees. Based on the amount of funds received, a certain amount of Kraken transaction fee credit (KFEE) will be obtained and credited to the customer's account upon receipt of FTX allocation.