Okb token (OKB) Price

Info

Contract Address

ETH 0x75231f58b43240c9718dd58b4967c5114342a86c

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About Okb token (OKB)

OKB is a global utility token issued by the OKX Blockchain Foundation. It provides various benefits to its holders, including trading fee discounts, passive income, and access to exclusive services on the OKX platform. OKB aims to connect digital asset projects with OKX users and professional investors, fostering the development of blockchain technology and the digital asset sector.

OKB (OKB) is the native cryptocurrency token of the OKX exchange, formerly known as OKEx. It serves several purposes within the OKX ecosystem:

Trading Fee Discounts: Holders of OKB can enjoy discounts on trading fees, with the discount percentage increasing based on the amount of OKB held. This can result in savings of up to 40% on trading fees.

Governance and Voting: OKB holders have governance and voting power on the network, allowing them to participate in decision-making processes such as choosing which cryptocurrencies are listed on the platform.

Passive Income: OKB holders can earn passive income through various means, including staking and participating in OKX Earn programs.

Settlement Token: OKB is used as a settlement token for gas fees on the OKBC Chain, a zkEVM layer-2 on the Ethereum network.

External Services: OKB can be used to access external services, such as security and financial services, through partnerships with various businesses.

OKX Jumpstart: OKB holders can participate in token sales and other events on the OKX Jumpstart platform.