The live price of OKB is - per (OKB / USD) with a current market cap of $3.18B USD. 24-hour trading volume is - USD. OKB to USD price is updated in real-time. OKB is -% in the last 24 hours with a circulating supply of 60.00M.
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
OKB is a functional token of the OKEx ecosystem. OKB holders have multiple rights and interests on the OKEx platform. Starting from May 4, 2019, OKEx has carried out a destruction plan every three months for the total issuance of 300 million OKB. OKB holders enjoy multiple rights and interests on the OKEx platform, including transaction fee discounts, OKB financial management, etc. We will be committed to providing first-class services to OKB users in the long term and continuously expanding OKB's application scenarios around the world. In addition, OKB will reportedly be used to pay transaction fees on the OKChain blockchain and the decentralized trading platform OKDex.
OKB is the ecological functional token of OKEx Exchange, which is used to better serve OKEx users and create sustainable value for the community. Benefits enjoyed by OKB holders include: 1) Enjoy fee discounts when trading on OKEx Exchange 2) Earn extra income on the Coin Earning Page by holding OKB 3) Participate in JumpStart activities, etc. In addition, you can use OKB tokens to pay for various types of services on platforms that OKEx cooperates with.
OKB was launched in March 2018, about a year after the OKEx cryptocurrency exchange platform was launched in Malta. OKEx was then officially renamed OKX.
For users who believe in the long-term development of OKEx, OKB tokens are a good investment opportunity. The price of OKB tokens is guaranteed by sending tokens to the burn address every 3 months, and each burn report can be checked by users. OKB holders can enjoy up to 40% trading discounts (the amount of discount depends on the number of tokens held by the user), participate in token purchases, or enjoy other added value.
OKX is owned by the OK Group. OK Group was founded by Xu Mingxing in Beijing in 2017 and then moved its headquarters to Malta in 2018.
OKB is the network cryptocurrency of the OKX ecosystem. OKB holders can enjoy ultra-low transaction fees when engaging in spot or contract transactions on the OKX platform. In addition, OKB can also be used for other aspects of the OKX network, such as voting to decide the listing of currencies on the OKX platform. In addition, OKX also plans to use OKB tokens to pay transaction fees on its OKDEX and OKChain blockchain networks in the future.
The maximum supply of OKB tokens is unknown, and the current circulating supply is 60 million. The network is reportedly reserving a portion of its token allocation for community marketing and promotion efforts.
OKB operates on the OKChain blockchain network, which is dedicated to performing OKX-related functions. OKChain has attracted widespread attention because it enables users to trade by integrating a digital ecosystem, while also working to increase the use of OKB in the OKX community. In 2021, OKChain successfully integrated the Bitcoin Lightning Network, which became one of its most notable achievements.
OKB is a deflationary token. The OKX platform will use 30% of the spot trading fees for the entire ecosystem's buyback and destruction program. Every three months, this fee is used to purchase OKB tokens from the open market and destroy them; the process is then recorded and made public.
The buyback and destruction program helps maintain the scarcity of OKB tokens, thereby protecting their value to a certain extent. In addition, OKX also provides margin trading to traders to increase the purchasing power of trading positions on its platform.
The OKB to other currencies exchange rate?
