Learned by 33 usersPublished on 2024.04.06 Last updated on 2024.10.15
Tokens
Introduction to OK Cryptocurrency (OKB)
OKB is the native token of the OKX (formerly known as OKEx) cryptocurrency trading platform, issued by the OK Blockchain Foundation in March 2018. OKB is a utility token primarily used to provide various benefits on the OKX platform, including:
OKB operates on the OKChain blockchain network, which is dedicated to executing functions related to OKX. OKChain empowers users to trade by integrating the digital ecosystem and strives to enhance the usage of OKB within the OKX community.
OKX (formerly OKEx) was founded by Star Xu. According to relevant information, OKX's predecessor OKCoin was established in 2013, later evolving into OKEx, and was renamed OKX in 2022.
Here are the venture capital firms and individuals that have invested in the cryptocurrency exchange OK (OKX/OKEx):
Additionally, the following individuals also participated in the investment:
The OK cryptocurrency (OKB) is the native digital currency of the OKX exchange, and its operational principles are as follows:
Transaction fee discounts: Holding OKB allows for transaction fee discounts on the OKX exchange, of up to 40%.
Participation in savings plans: OKB holders can participate in OKX's savings plans to earn interest.
Participation in early cryptocurrency projects: Through OKX's Jumpstart activities, OKB holders can acquire token airdrops of other projects at lower costs.
Voting rights: OKB holders have the right to vote on future proposals within the OKX ecosystem, thereby playing a decision-making role in shaping the future development and direction of the exchange.
The operation of OKB is closely tied to the ecosystem of the OKX exchange, offering various benefits and participation opportunities. Here is how OKB operates on the OKX platform:
In conclusion, OKB is a vital component of the OKX exchange, providing numerous benefits and participation opportunities that facilitate trading activities and user engagement.