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OKB (OKB)

The price of OKB is $49.29, a -0.84% change over the last 7 days. Learn more about OKB’s price history, how it works, and how to invest.

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Updated: Mar 21, 2023
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Overview
Markets
Historical Data
Price Statistics
OKB price today
24h Change $0
24h Low $48.79
24h High $49.53
Market Cap $2.96B
Trading Volume (24h) $3.60M
Market Dominance 0%
Market Rank #40
Circulating Supply 60M
Max Supply -

OKB markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Poloniex Poloniex
OKB/USDT $39.96 - - 0 Recently
2
Zedxion Exchange Zedxion Exchange
OKB/USDT $48.80 $5,021.54 $3,122.27 34,153 Recently
3
Finexbox Finexbox
OKB/BTC $78.85 $2,440.56 $146.43 29,485 Recently
4
ViteX ViteX
OKB/BTC $25.13 - - 317 Recently
5
GroveX GroveX
OKB/USDT $48.87 $207,764.52 $308,570.24 311,929 Recently
6
ProBit Global ProBit Global
OKB/USDT $37.98 - - 304 Recently
7
SuperEx SuperEx
OKB/USDT $48.80 $48,179.93 $43,810.01 1,394,948 Recently
8
CherrySwap CherrySwap
USDT/OKB $0.99936 - - 573 Recently
9
Bitunix Bitunix
OKB/USDT $48.79 $253,045.87 $248,181.88 68,062 Recently
10
Azbit Azbit
OKB/USDT $48.82 $236,224.12 $218,292.36 504,646 Recently
1
Gate.io Gate.io
OKB/USDT $48.83 - - 1,073 Recently
2
BitMEX BitMEX
OKB/USDT $51.44 - - 669 Recently
3
XT.COM XT.COM
OKB/USDT $66.99 - - 4,107,215 Recently
4
MEXC MEXC
OKB/USDT $55.00 - - 21,400 Recently
5
Gate.io Gate.io
OKB/USDT $42.88 - - 918 Recently
6
MEXC MEXC
OKB/USDT $43.00 - - 41,459 Recently
7
XT.COM XT.COM
OKB/USDT $42.95 - - 103,854 Recently
8
Gate.io Gate.io
OKB/USDT $43.18 - - 401 Recently
9
MEXC MEXC
OKB/USDT $42.86 - - 6,938,532 Recently
10
XT.COM XT.COM
OKB/USDT $42.92 - - 219,648 Recently
No data found
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About OKB

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Resources

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What is the OKB price today?

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The OKB price is currently $49.29. The price of OKB is -11.35% over the last 30 days. You can use the live OKB chart to track the OKB/USD price in real time above, or compare the OKB value today to its past performance using the OKB price history tab at the top of this page.

What is the total supply of OKB?

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The circulating supply is 60,000,000.00 OKB, out of a total maximum supply of 0.00 OKB.

What is the price prediction for OKB?

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The average OKB price prediction values the coin at $66.43 by the end of 2024. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is OKB?

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OKB is the native cryptocurrency of the OKX exchange. Its primary function is to allow OKX users to invest in new digital projects. It’s the currency on the OKX exchange (formerly known as OKEx).

As one of the leading crypto spot and derivatives trading exchanges, OKX offers a wide range of crypto financial services to traders, including fiat-to-crypto trading.

The OKB token is used to pay fees on the exchange and to vote on the network’s governance, giving holders a voice in the direction and decision-making of the platform.

How does OKB work?

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OKB works by recording every transaction made on a digital ledger called a blockchain. The blockchain is a decentralised, distributed ledger that ensures the integrity of the data recorded.

OKB is built on the Ethereum blockchain and is an ERC20 token. This means OKB adheres to a specific set of standards defined by Ethereum, allowing other network users to validate transactions quickly.

OKB is the utility token for the OKX cryptocurrency exchange. It allows users to access special features on the platform, such as discounted trading fees, voting rights on the platform, and rewards for holding the token.

OKB is used as a means of payment for trading fees on the exchange, and the more OKB, a user, has, the more benefits they receive in terms of discounted trading fees.

How is the OKB network secured?

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It is secured by the blockchain it operates on. OKB is an ERC-20 token that utilises a proof-of-stake (PoS) consensus mechanism, which means that users can validate transactions on the network by holding and staking the token.

Initially, OKB was built on the Ethereum blockchain, but later it was moved to its own blockchain, OKExChain, providing more flexibility and security to the network.

The OKX platform prioritises security, using several technologies to ensure a reliable and stable trading environment. It has also developed hot and cold wallets, the latter being one of the safest methods for storing cryptocurrencies.

What is OKB used for?

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OKB allows users to access different features of the OKX exchange. One of the primary uses of OKB is to pay fees when you buy and sell digital money on OKX. When you hold OKB, you also get extra perks like discounts on trading fees, a say in how OKX is run, and rewards for holding the tokens.

The more OKB you have, the more benefits you get. VIP users get extra perks based on how much they trade.

OKB is also used on OKX Jumpstart, a platform for investing in new digital money projects. To participate in Jumpstart, you must register on the site and buy OKB using MixTrust.

Why does OKB have value?

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It offers discounts if you want to trade crypto on the OKX exchange. It’s also deflationary, so the total supply of OKB tokens falls over time, creating scarcity and driving up the price.

OKX charges a trading fee on every transaction, and 30% of the total is burned every three months. A ‘burn’ permanently removes those coins from circulation.  The details of these burns are recorded and publicly available on the OKX website.

Who created OKB?

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OKX was founded by Jay Hao, the CEO, who has been with the company since its inception. Before joining OKX, he had 20 years of experience in the semiconductor industry, working on a wide range of codecs such as UVLED, ASIC, FPGA, and multimedia codecs and SOCs for multimedia processors.

Where can I buy OKB?

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You can buy OKB on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in OKB?

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The simplest way to invest in OKB is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any OKB alternatives?

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There are lots of OKB alternatives and all exchanges have their own tokens. Here’s a selection of the best OKB alternatives for you to consider.

  • Binance Coin. BNB is the native coin of the Binance cryptocurrency platform
  • Cronos. Cronos is a cryptocurrency that is part of the Crypto.com exchange
  • Huobi Token. Huobi Token is the native coin of the Huobi exchange.

More crypto guides

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FAQs

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Is OKB safe?
Has OKB been hacked?
Is OKT and OKB the same?
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

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Latest OKB news

OKX adds inscriptions support for Atomicals, Stamps, Runes and Doginals
January 29, 2024
OKB price turns green after this deposit/withdrawal announcement by OKX
March 27, 2023
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OKX tokens soar double digits as crypto begins 2023 higher
January 2, 2023
OKX token soars to 6-week high as major coins struggle: here’s why
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