Categories: Insights and analysis

OKB Review— your official guide to investing in OKB

Published by
Robyn Abrahams

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.

Robyn Abrahams

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