OKB is the native utility token of the OKX exchange. It is designed to provide various benefits to users within the OKX ecosystem, including discounts on trading fees, access to exclusive token listings, and staking rewards. OKB operates as an ERC-20 token on the Ethereum blockchain.
OKB operates on the Ethereum blockchain as an ERC-20 token. This allows it to leverage blockchain technology for secure, transparent transactions through smart contracts. OKB provides token holders with up to 40% discounts on trading fees, staking rewards, and exclusive access to high-quality crypto projects through the OKX Jumpstart platform. Its supply is periodically reduced through a token burning mechanism to enhance its value.
OKB has several use cases within the cryptocurrency sector:
OKB was launched on March 22, 2018, as part of the OKX exchange's global ecosystem. OKX itself was launched in 2017 as a branch of the Chinese platform OKCoin. Since its inception, OKB has reached significant milestones, including a high trading volume and ecosystem expansion. It includes deflationary mechanisms like token burning to reduce supply and has seen enhancements such as the integration with OKChain for improved scalability and security.
The OKB price is $94.44 AUD, representing a +3.36% from the day prior.
The best place to buy OKB (OKB) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell OKB (OKB) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of OKB (OKB) is $43.3M AUD in the last 24hrs, representing a +3.36% from the day prior.
OKB (OKB) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of OKB (OKB) is $5.6B AUD.
Yes - With Coinstash you can convert your OKB (OKB) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of OKB (OKB) is 60.0M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling OKB (OKB) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.