What is Okex Token?
Okex Token (OKB) is a utility token issued by the Okex cryptocurrency exchange. It was launched in April 2018 and is currently the world’s largest exchange token by market capitalization. OKB is an ERC-20 token based on the
Ethereum blockchain and is used to pay for fees on the Okex platform, as well as to access certain features and discounts on the platform. OKB can also be used to participate in Okex’s various incentive programs.
Okex Token, OKB, ERC-20, Ethereum, Cryptocurrency Exchange, Market Capitalization
What are the Benefits of Holding Okex Token?
Holding Okex Token (OKB) provides users with a number of benefits, including discounted trading fees, access to incentives, and a share of the platform’s profits.
Discounted Trading Fees: OKB holders can receive a discount on trading fees on the Okex platform. The discount amount is based on the amount of OKB held and can range from 0.05% to 0.2%.
Incentives: OKB holders can participate in Okex’s various incentive programs, such as the “Okex Trading Competition” and the “Okex Token Airdrop”. The rewards for these programs can range from OKB tokens to other cryptocurrencies.
Share of Profits: OKB holders can also receive a share of the platform’s profits. Okex distributes a portion of its profits to OKB holders on a quarterly basis.
Discounted Trading Fees, Incentives, Share of Profits
What is the Price of Okex Token?
The price of Okex Token (OKB) is determined by the market and is subject to fluctuations. As of June 2021, the price of OKB is around $17.90 USD.
