According to the official announcement, Kraken has been selected as one of the partners to distribute funds to former FTX customers. As these expenditures will be paid in USD, they hope to minimize the cost for users to reinvest this money into cryptocurrencies. Therefore, new users who choose to receive funds from FTX via Kraken will receive a fee waiver, allowing them to purchase up to $50,000 worth of cryptocurrencies on Kraken Pro without paying any trading fees. A certain amount of Kraken trading fee credit (KFEE) will be granted based on the amount of funds received, and it will be credited to the customer's account after receiving the FTX allocation.