What is OKB?
OKB is a utility token of the OKX exchange, issued by the OK Blockchain Foundation in cooperation with OKX, a leading cryptocurrency exchange. It is backed by the Ethereum blockchain and belongs to the ERC-20 coin group. OKB is designed to be a deflationary token, used to pay transaction fees on OKX, access DeFi services, participate in token sales, and more.
OKB goals
The purpose of OKB is to provide various benefits and use cases within the OKX ecosystem. It offers discounts on transaction fees depending on the amount of OKB owned, and is used for trading spots and derivatives. OKB also provides payment interfaces at physical stores, manages virtual game assets, and is used for shopping in offline stores, topping up mobile phones and fuel cards, buying digital art copyrights, exchanging for fiat currencies, and more.
OKB fondamentals
OKB is an unmineable cryptocurrency, with its creation and distribution determined by the OKX foundation. Many individuals can earn rewards by staking OKB tokens for a certain duration.
Marketcap
$3.051B
Total number of OKB
235957685 OKB
OKB technology
OKB is backed by the Ethereum blockchain and belongs to the ERC-20 coin group. This means that OKB is built on a well-established and widely-used blockchain, providing a secure and reliable foundation for its functionality.
OKB competitors
OKB differentiates itself from competitors through its versatile utility and the reputation of the OKX platform. As the native utility token of a leading cryptocurrency exchange, OKB offers a wide range of ecosystem use cases, setting it apart from other tokens.
OKB price history
Frequently asked questions
OKB is a utility token of the OKX exchange, issued by the OK Blockchain Foundation in cooperation with OKX, a leading cryptocurrency exchange.
OKB holders can enjoy discounts on transaction fees depending on the amount of OKB owned, and can use OKB for various purposes within the OKX ecosystem.
No, OKB is an unmineable cryptocurrency, with its creation and distribution determined by the OKX foundation.
Many individuals can earn rewards by staking OKB tokens for a certain duration.
OKB is backed by the Ethereum blockchain and belongs to the ERC-20 coin group.
The purpose of OKB is to provide various benefits and use cases within the OKX ecosystem.
Yes, OKB is used for trading spots and derivatives on the OKX exchange.
Yes, OKB is designed to be a deflationary token.
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