OKB priceOKB

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OKB price live data

The current price of OKB is --, with a 24-hour trading volume of --. In the last 24 hours, the price of OKB decreased by 1.73%. With a circulating supply of 241,454,998 OKB and a maximum supply of 300,000,000 OKB, OKB's fully diluted market cap stands at --. Currently, OKB ranks No.24 by market cap. The OKB to price is updated in real-time.

OKB market information

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241,454,998 OKB
Market cap at circulating supply

About OKB (OKB)

OKB is the utility token of the OKX ecosystem, and holders of OKB will enjoy a series of privileges on the OKX platform. On May 4, 2019, we initiated the OKB Buy-Back and Burn program, and 30% of the spot-market transaction fees are used to buy back OKB. OKB has a total supply of 300 million. As of Mar 10, 2023, 58,545,001 OKB has already been burnt, and the circulating supply is 241,454,998 OKB. The distinguished OKB holders will enjoy many privileges including trading fee discounts, OKX Jumpstart, OKB savings, and more. We will always be dedicated to providing first-class services to OKB holders, and expanding the use cases of OKB all over the globe.

Learn more about OKB (OKB)


What is OKB?
OKB is the native utility token of the OKX cryptocurrency exchange. OKB is designed to be a deflationary token that is used to pay transaction fees on OKX, access DeFi services, participate in token sales, and more. Additionally, OKB holders can enjoy discounts on transaction fees depending on the amount of OKB owned.
What is the OKB Buy-Back and Burn program?
OKX's Buy-Back and Burn program is a unique feature that makes OKB a deflationary token. It was initially launched on May 4, 2019, OKX started to buy back OKB tokens every 3 months according to the seasonal market and operating performance.The program is designed to reduce the total supply of OKB, thus increasing the value of each remaining token. As of March 2023, OKX has bought and burned over 58 million OKB tokens.
How does OKB compare to other cryptocurrencies, and why should I buy it?
OKB's unique features, such as its deflationary Buy-Back and Burn token model, set it apart from other cryptocurrencies in the market. Its partnerships with distinguished brands like McLaren F1 and Manchester City also add to its credibility and make it an attractive option. Additionally, as the native token of OKX, OKB provides users exclusive access to new crypto projects alongside discounts when trading on the platform.
How does OKX ensure the security of user funds?
OKX has implemented various security measures to ensure the safety of user funds. The exchange uses a multi-signature cold wallet system to store the majority of user funds, ensuring that they are kept offline and out of reach from potential hackers. In addition, OKX conducts regular security audits and employs advanced security protocols to protect against potential security breaches. Furthermore, the exchange's security team monitors all transactions on the OKX platform to ensure that any suspicious activity is detected and addressed promptly. Users can also enable two-factor authentication (2FA) for added security when logging into their accounts. OKX takes user security very seriously and has a dedicated team that works around the clock to ensure the platform remains secure and reliable.
What is OKX's Proof of Reserves?

OKX's Proof of Reserves (PoR) is a monthly report that provides full transparency to users regarding the platform's reserves. It allows users to verify that their assets are fully backed by real assets at a 1:1 ratio. This practice sets a standard for the entire crypto industry, ensuring that exchanges prioritize the safety and accountability of their users' assets.

OKX uses the Merkle Tree (or Hash Tree) verification method to prove its claim, which adds an additional layer of security. Moreover, OKX users can conduct self-verification by checking their audit data on the Audits page or manually verifying their assets by following this guide. By prioritizing transparency and accountability, OKX sets itself apart in the crypto industry.

Where can I learn more about OKB?
If you're interested in learning more about OKB, the exchange provides a comprehensive educational resource called OKX Learn. OKX Learn offers a variety of resources, such as articles, videos, and tutorials, covering topics ranging from blockchain basics to advanced trading strategies. OKX Learn also provides insights on the latest market trends and updates in the crypto industry. Whether you're a beginner or an experienced trader, OKX Learn is a valuable resource for expanding your knowledge about the OKB token and the OKX exchange.
How to buy OKB?

To purchase OKB, users can rely on reputable cryptocurrency exchanges like OKX. OKX offers several ways to buy OKB.

If you prefer to use fiat currency, you can use a valid credit or debit card to purchase OKB by clicking the "Buy with card" option from the "Buy crypto" header menu.

Alternatively, you can use your existing cryptocurrencies to obtain OKB tokens through the various trading pairs available on OKX's spot market. You can also visit OKX Convert to swap your cryptocurrencies for OKB without incurring any fees or price slippage.

To view the estimated live conversion price of your preferred fiat currency, such as the US Dollar, to OKB, visit our new OKX Crypto Converter Calculator. OKX's high-liquidity marketplace ensures the best prices for your crypto purchases.