Kraken woos FTX victims with $50k fee-free trading incentive | Headlines | News | CoinMarketCap
01/10/2025 15:27Kraken is offering former FTX clients $50,000 in fee-free crypto trading incentives as part of its role in distributing funds following the collapse …
Kraken is offering former FTX clients $50,000 in fee-free crypto trading incentives as part of its role in distributing funds following the collapse of the exchange.
Cryptocurrency exchange Kraken is sweetening the deal for FTX victims in an effort to help them get back on their feet after the latter left hundreds of thousands of investors without billions in customer funds. New clients who select Kraken to receive their FTX payout will get trading fee credits, allowing them to buy up to $50,000 in crypto on Kraken Pro with no trading fees, the exchange said in a blog announcement on Jan. 9.
On top of that, clients will receive “up to $105 in Kraken trading fee credits,” based on the amount of funds they receive, which will be added to their accounts once the FTX distribution comes …