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OKB OKB price today is $53.45 with a marketcap of $3.23 B. Its price is 3.74% up in last 24 hours.
What is okb coin (OK Blockchain)?
OKB (also known as OK Blockchain Token) is a cryptocurrency created and issued by the global digital asset exchange OKEx. It is an ERC-20 token built on the Ethereum blockchain and can be used to pay for services and fees within the OKEx ecosystem. The coin was launched in late 2018 and has since become one of the most widely traded digital tokens in the world. As an ERC-20 token, OKB can be stored on any Ethereum wallet, and multiple crypto exchanges around the world also support it. The primary use cases for OKB are to pay transaction fees on OKEx and its derivative trading platform, OK Jumpstart, as well as to participate in the platform’s IEO, voting, and bounty programs. it has seen impressive growth since its launch and is now listed on over 100 exchanges. It has also grown to become one of the top 20 cryptocurrencies by market capitalisation. To learn more about this coin or other cryptocurrencies, visit our website for up-to-date information and resources.
OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OK Blockchain as a global utility token issued by the OK Blockchain Foundation. The total available supply of OK Blockchain will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OK Blockchain on the ERC20 protocol earlier this month.
There will be a total of 1 billion tokens supplied globally, out of which 600 million coins will be distributed to OKEx customers for community-building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years. According to OKEx, the company had officially issued OKB on the ERC20 protocol earlier this month.
How does okb coin work?
Okb coin is a cryptocurrency that uses a proof of stake algorithm. This means that holders of these coins are rewarded with new coins for holding their coins in a wallet. In order to participate in the staking process, you must keep your ok blockchain coin client open and connected to the network. The more okb coins you have, the higher your rewards will be.
This is a great way to generate passive income through crypto without having to do any trading or investing! How cool is that? Additionally, This coin also uses a master node system which can provide additional rewards for running a master node server. The rewards from both staking and running master nodes can really add up, making okb coin a great option for anyone looking to generate some extra income through cryptocurrency. So check it out if you're interested in getting into the crypto world!
How to get okb coin?
In order to get these coins, you can purchase them directly from the OKEx exchange using your local fiat currency or other supported digital currencies. If you don’t want to buy it, you can also earn it by completing certain tasks related to the platform. For example, referring friends and family, participating in events and campaigns, or providing valuable feedback. You can also take part in airdrops and other promotions to get your hands on some free tokens. No matter which route you choose, make sure that you do your research so that you understand the risks involved before investing in any cryptocurrency. Good luck!
Okb coin price live data.
Okb coin price live data can be easily accessed from various exchanges around the world, including Binance, HitBTC and OKEx. This coin allows users to track the latest price and market trends for Ok blockchain coins in real time. Additionally, it has also developed tools that allow users to purchase Okb tokens directly from their wallets using fiat currency or other cryptocurrencies.