OKB (OKB)
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About OKB
OKB is the utility token of the OKX (formerly OKEx) ecosystem, a cryptocurrency exchange and trading platform. Holders of OKB benefit from trading fee discounts, access to exclusive features, participation in token sales, and staking opportunities. As part of the OKX ecosystem, OKB enables users to participate in decentralized finance (DeFi) services, earn rewards, and access other platform benefits. OKX employs a token buyback and burn program to reduce OKB’s circulating supply, aiming to enhance its value and stability. For live OKB prices, historical data, and market trends, visit our OKB Markets page to stay informed on this utility token’s performance.
Convert Fiat to OKB
News
Franklin Templeton Launches Singapore's First Tokenized Fund for Retail Investors
Franklin Templeton has received approval from Singapore's central bank to launch a tokenized money market fund, the first of its kind for retail investors in the country. The move marks a significant step in integrating blockchain with traditional finance. Regulatory…
Mastercard Enables Stablecoin Use at 150M Merchants With Moonpay
Mastercard is unleashing stablecoin utility worldwide, enabling real-time crypto-to-fiat spending at 150 million locations through its partnership with Moonpay and API-powered cards. Mastercard Unlocks Stablecoin Spending at 150 Million Places via Moonpay Mastercard and Moonpay announced on May 15 a…
JPMorgan Predicts Bitcoin Will Outgun Gold in 2025 Supercycle Shift
JPMorgan sees bitcoin dominating gold in 2025 as surging ETF inflows, corporate adoption, and state-level crypto reserves ignite a powerful wave of institutional momentum. JPMorgan Spots a Massive Rotation—Bitcoin Gaining, Gold Draining Global investment bank JPMorgan expects bitcoin to significantly…
Ripple Confirms XRP Victory Stands as SEC Deal Collapses in Court
XRP’s regulatory clarity remains rock-solid as Ripple’s legal chief confirms its non-security status is untouched, even after a court setback stalls a proposed SEC deal. Ripple Legal Chief Defuses Panic After Court Rejects SEC Deal Over XRP Ripple’s chief legal…
Former Rep. McHenry: Gensler's Anti-Crypto Stance Tied to Senate Politics
Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler's anti-crypto stance to…
Frequently Asked Questions about OKB
What is OKB?
OKB is the utility token for the OKX (formerly OKEx) platform, offering holders benefits such as trading fee discounts, staking rewards, and access to exclusive platform features.
What are the benefits of holding OKB?
OKB holders receive trading fee discounts, participate in staking and token sales, and gain access to exclusive features within the OKX ecosystem, enhancing their experience on the platform.
What is the OKB buyback and burn program?
OKX periodically buys back and burns OKB tokens to reduce supply, aiming to increase the token’s scarcity and value for holders over time.
How can I store OKB securely?
You can store OKB in compatible wallets such as the OKX Wallet, Ledger, and Trust Wallet, providing secure and user-friendly options for managing your OKB.
What makes OKB unique as a utility token?
OKB offers a range of benefits within the OKX ecosystem, including trading fee discounts, access to platform-exclusive services, and a deflationary model through buybacks and token burns, enhancing its value proposition.
Is OKB a good investment?
OKB’s utility within the OKX ecosystem and its buyback and burn program make it an attractive option for some investors. As with any cryptocurrency, investment decisions should be based on research and risk tolerance.
Can OKB be used in DeFi applications?
Yes, OKB can be used for various DeFi services on the OKX Chain and other compatible platforms, allowing holders to participate in staking, lending, and other decentralized finance applications.