$18.440 / $16.540
What is OKB (OKB)
OKEx Exchange defines its platform’s token OKB as “the global utility token issued by OK Blockchain Foundation”. OKB token is the bridge connecting OKEx trading platform and its users. OKB has a role on the OKEx Exchange like Binance Coin’s (BNB) role on Binance and Huobi Token’s (HT) role on Huobi Exchange. According to its website, all OKB holders can enjoy exclusive functions on OKEx platform with a wide range of ecosystem use cases available.
OKEx’s aim is to create a win-win situation in the global blockchain era and jointly promote the healthy development of the blockchain and digital asset sector through OKB. This exchange token is a deflationary token which has a total of 300 million OKB supply. A certain amount of OKB is repurchased by the OKEx exchange platform. OKB is currently issued on the Ethereum Network, but in the near future OKB will be migrate to OKChain, a public chain launched by OKEx.