What Is OKB (OKB)? How It Works and Where to Buy It

OKB is the native exchange token of the OKX Cryptocurrency Exchange. Positioned as a utility token, OKB enables holders to receive generous trading discounts and powers interactions within the OKX ecosystem.

Key Features of OKB

• 350+ listed cryptocurrencies
• <0.10% transaction fees
• 120 million registered users
• Secure asset storage for users
• Earn rewards on deposits

Global Availability

• Headquartered in the U.S.
• Start with a minimum deposit of $10
• Buy and sell 200+ cryptocurrencies
• Pro solutions for advanced traders
• Available in 190+ countries

👉 Discover the best crypto trading platform

How the OKB Token Works

The OKB token operates similarly to other exchange tokens like Binance Coin (BNB). Holders benefit from reduced transaction fees when trading on the OKX platform.

Core Utilities of OKB

1. Trading Fee Discounts – Users pay lower fees when using OKB for transactions.
2. Ecosystem Growth – OKB gains more utility as OKX expands its services.
3. Profit Trading – Traders capitalize on OKB’s price volatility.

OKB ranks as the 7th largest exchange token by market capitalization.

Where to Buy OKB Tokens

The best platform to buy OKB is OKX Exchange.

Available Exchanges for OKB

1. Gate.io
2. OKX Exchange

To purchase OKB:

• Deposit fiat currency (USD, EUR, etc.).
• Buy OKB via debit/credit card or bank transfer.
• Store OKB in your OKX wallet.

OKB Token Supply

• Circulating Supply: 60,000,000 OKB (20% of total supply).
• Total Supply: 300,000,000 OKB.

👉 Start trading OKB today

Competitors of OKX and OKB

Top exchange tokens competing with OKB:

1. Binance (BNB)
2. Crypto.com (CRO)
3. FTX (FTT)
4. KuCoin (KCS)

Future Plans for OKX and OKB

OKX aims to:

• Expand token utility.
• Increase user adoption (currently 20M+ users).
• Enhance trading volume ($10B+ daily).

Pros and Cons of OKB

Pros

• Low trading fees.
• High exchange liquidity.
• Strong partnerships (e.g., Manchester City FC).

Cons

• Only 20% of tokens are in circulation.
• Founder’s past legal issues raised concerns.

FAQ

Can OKB be mined?

No, OKB is a non-mineable token.

What is OKB’s market cap?

$1.15 billion (76th largest cryptocurrency).

Is OKB a good investment?

OKB offers utility and growth potential but carries risks like volatility.

How do I stake OKB?

Some exchanges offer staking with variable APY.

👉 Trade OKB securely on OKX

Final Notes:

• All hyperlinks except OKX have been removed.