What is OKB ? | All about OKB in Short | Crypto Currency OKB
What is OKB ? | All about OKB in Short | Crypto Currency OKB
What is OKB?
OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx. The exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKEx is similar in many aspects to the cryptocurrency exchange giant Binance, but there are a few key differences.
When was OKB invented?
OKEx has become a world-leading trading floor since its launch in 2017. The platform launched in the spring of 2017 and emerged as an offshoot from the original OKCoin platform (operating since 2013 in China).
Importance of OKB?
The OKB token plays an important role in the OKEx ecosystem. It allows users to receive up to a 40% discount on transactions (depending on the number of tokens a user has). The exchange divides users into two status groups: regular and VIP. Regular users are assigned a level according to their OKB stock, and VIP users get a level according to their trading volume. The commissions are updated daily, and users get a discount depending on their respective level.
Future of OKB?
With a 5-year investment, the revenue is expected to be around +299.08%. Your current $100 investment may be up to $399.08 in 2026.