Have you heard of OKB? Just as Bitget has BGB and Kucoin has KSC, OKB is the utility token for OKX. OKB launched in 2018, and the total supply of OKB is 300 million. Notably, the OKB circulating supply is periodically reduced when OKB is burned.
What is OKB?
Launched in March 2018, OKB is the native utility token of the OKX exchange.
The main utility for OKB is the discounts on the trading fees charged by the OKX exchange. Regular traders on OKX may prefer to hold OKB tokens, because doing so gives them up to a 40% discount on eligible purchases, depending on their trading volume.
By holding OKB, you also gain exposure to high-quality crypto projects through the OKX Jumpstart launchpad initiative. Additionally, we offer staking rewards on OKB tokens through OKX Earn.
Projects and protocols OKB works with
We work with several projects and protocols across financial and utility services with our OKB holders in mind. For example, you can save on fees with CryptoHopper or manage your virtual game assets on Enjin with OKB.
Financial services
Bitpie: Store OKB in a mobile wallet
Blocto: Store OKB in a mobile wallet
BuyUCoin: Store OKB in an online wallet
Cobo: Store OKB in a mobile wallet
Coinomi: Store, transfer, and exchange OKB
Coinrule: Earn OKB and enjoy automated trading
Cointopay: Store and trade OKB on the crypto platform
Constant: Lend and borrow OKB in Vietnam
CoolWallet S: Store OKB in a hardware wallet
Cryptohopper: Enjoy fee discounts on automated trading and earn OKB
Dapp Pocket: Store OKB in a mobile wallet
Ellipal: Store OKB in a hardware wallet
Guarda: Store OKB in a cross-platform wallet
Haasonline: Enjoy fee discounts on automated trading and earn OKB
Hyperpay: Store OKB in a cross-platform wallet
Kamoney: Store and trade OKB on the South American crypto platform
Ledger: Safely store OKB in famous hardware wallets
LinkEye: Lend and borrow OKB
Math: Store OKB in a mobile wallet
Mudrex: Enjoy fee discounts on automated trading and earn OKB
Nerve: Store OKB in an online wallet
Trustee: Store and exchange OKB in a mobile wallet
ZelCore: Store OKB in a mobile wallet
Utility services
Aeron: Buy aviation services and solutions with OKB
AIchemy: Shop in various stores with OKB
BetProtocol: Bet on games and sports with OKB
BitKan: Create content and pay for it with OKB
BitTorrent: Subscribe for an ad-free high-speed service with OKB
BiYong: Use OKB on blockchain social networks
Coinify: Provide OKB payment interfaces at physical stores
Enjin: Use and manage virtual game assets with OKB
Linka: Shop in offline stores with OKB
LITEX: Top-up mobile phones and fuel cards with OKB
Machi X: Buy digital art copyrights with OKB
Mercuryo: Exchange OKB for EUR, USD, and RUB
MixMarvel: Use OKB to get benefits in the blockchain game HiCats
MyWish: Create smart contracts without coding, paying in OKB
NOWPayments: Make fast payments online with OKB
The final word
OKB, which functions as a utility token, empowers holders to use our services and participate in different projects and protocols. OKB can be traded like any other cryptocurrency, however, it's essential to remember that its value changes according to market demand.
As an OKB holder, you have the opportunity to receive up to a 40% discount on fees on our CEX platform, earn up to 5% on OKX Simply Earn, and join Jumpstart for exclusive access to cryptocurrency projects.
FAQs
The total supply is 300 million.
With OKX Earn, we offer flexible options where you can earn up to 5% on your OKB tokens. You can also take a look at our financial partnership list, where you'll find opportunities to stake OKB.
For the latest news and up-to-date information, please visit our OKB page.
© OKX, 2024. Цю статтю можна відтворювати або поширювати повністю або в цитатах обсягом до 100 слів за умови некомерційного використання. Під час відтворення або поширення всієї статті потрібно чітко вказати: «Стаття використовується з дозволу власника авторських прав © OKX, 2024». Цитати мають наводитися з посиланням на назву й авторство статті, наприклад: «Назва статті, [ім’я автора, якщо є], © OKX, 2024». Використання статті в похідних та інших роботах не допускається.
