Nov 28, 2022 at 12:19Contents
OKB is the unsung hero of the OKX crypto exchange!
What is OKB?
OKB is the utility token initially launched by the OK Blockchain Foundation and adopted later by OKEx (one of the leading cryptocurrency exchanges). OKB is an ERC-20 token that is very popular on CoinMarketCap. The feature that makes OKB so attractive is that it offers its long-term holders advantageous trading fee discounts. This crypto token is available on over 30 crypto exchanges.
While it is not as sexy as Bitcoin or Solana, it has consistently grown in value in the last two years. This is everything you need to know about buying, selling, trading, and holding OKB!
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What are the pros and cons of investing in OKB?
| Pros | Cons |
| OKB has its own innovative, proprietary blockchain, which allows for the development and deployment of Dapps. | Not available in every country, i.e., USA. |
| Low trading and financing fees. | It has a lot of competition despite innovation. |
| Fiat deposits are allowed. | It has strict withdrawal limits. |
| OKB supports EVM and has a cross-chain gateway compatible with the IBC cross-chain solutions of COSMOS. |
Where to buy OKB?
OKB is a very successful token issued by the OKX blockchain foundation. Still, the crypto token has evolved since its first generation and is now available on many crypto exchanges. These are the top 10 exchanges to buy OKB:
| # | Exchange | Pair | 24h Volume | Price |
| 1 | Coinex | OKB/USDT | $3,928
185 OKB |
$21.23
21.23 USDT |
| 2 | Lbank | OKB/USDT | $1,049,434
49,556 OKB |
$21.18
21.18 USDT |
| 3 | OKEX | OKB/USDT | $6,565,654
309,993 OKB |
$21.18
21.18 USDT |
| 4 | FinexBox | OKB/BTC | $8,339
390 OKB |
$21.38
0.0012921 BTC |
| 5 | HitBTC | OKB/USDT | $N/A | $21.74
21.74 USDT |
| 6 | ProBit Exchange | OKB/USDT | $10
0 OKB |
$20.65
20.65 USDT |
| 7 | ViteX | OKB/BTC | $85
13 OKB |
$6.75
0.0004080 BTC |
| 8 | Aex | OKB/USDT | $23,498
1,097 OKB |
$21.42
21.42 USDT |
| 9 | Bitmart | OKB/USDT | $19,670
929 OKB |
$21.18
21.18 USDT |
| 10 | MEXC Global | OKB/USDT | $49,718
2,347 OKB |
$21.18
21.18 USDT |
How to buy OKB?
Step 1 — Register an account with Gate.io and complete the KYC.
Step 2 — Deposit funds
Gate.io is a crypt-to-crypto exchange, so you must transfer crypto from your wallet or another crypto exchange.
Step 3 — Select OKB and set the trading pair to USDT/OKB
Set your crypto pairs to buy or sell OKB on Gate.io. USDT is one of the best options for OKB trade pairs.
Step 4 — Buy/Sell OKB via limit order
The trading price will be set in USDT, and the transaction cost will be deducted from your wallet.
Step 5 — Withdraw funds.
The withdrawal process is very similar to the deposit process on the front page of the Gate.io front page. You must ensure that your wallet address is correct before processing your withdrawal request.
How can I make money on this?
While OKB is a crypto token, its creation places this token uniquely positioned to help its holders earn passive income. These are ways to make active and passive income with OKB:
- Invest in OKB and hold until it appreciates over time.
- Use technical analysis to trade OKB to make a profit strategically.
- Use Coinrule: Buy an OKB (20-100 OKB) and hold for 30 days. You earn interest from your OKB holdings.
This is not financial advice but your official invitation to explore the opportunities attached to investing in OKB crypto tokens!
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