Buy OKB with Coinbase Wallet

OKB can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$3.5B

Volume (24h)

$14.6M

Circulating supply

60.0M OKB

All time high

$24.9B

Price change (1h)

+0.53%

Price change (24h)

+0.11%

Price change (7d)

+1.43%

About OKB

What is OKB?

OKB is a global utility token developed by the OK Blockchain Foundation. It plays a crucial role in the OKEx ecosystem, a digital asset platform with a variety of trading pairs. OKB is utilized to cover transaction fees, access unique features, participate in voting and governance, and potentially receive rewards on the platform. The token is also employed in the OKExChain, the OKEx blockchain, to facilitate spot trading, derivatives trading, and the development of scalable applications. OKB seeks to benefit its holders by regularly burning tokens every three months, a process that is recorded on the official website.

How does OKB work?

OKB operates on a proof-of-stake consensus and was initially a token on the Ethereum blockchain. However, it later transitioned to its own blockchain, the OKExChain. The token plays a pivotal role in the OKEx ecosystem, offering users up to a 40% discount on transactions depending on the number of tokens they hold. Users are divided into regular and VIP status groups, with their level determined by their OKB holdings or trading volume. OKB holders may receive compensation and participate in the OKEx Jumpstart platform, which strives to help users benefit from their assets.

What are the potential use cases for OKB?

OKB serves multiple use cases within the OKEx ecosystem. It is used to calculate and cover trading fees, providing users access to discounts. It also grants users voting rights and governance on the platform, allowing them to participate in decision-making processes. Additionally, OKB holders may receive rewards for holding the token. The token is also used in the OKExChain for spot trading, derivatives trading, and the development of scalable applications. Furthermore, OKB is used to allocate resources on the OKEx Jumpstart platform, which aims to help users benefit from their assets.

What is the history of OKB?

OKB was developed by the OK Blockchain Foundation and introduced in 2017. OKEx, which emerged as an offshoot from the original OKCoin platform, is now a well-known trading floor. The platform was initially focused on exchanging fiat for crypto, but it later shifted its focus to crypto trading with a built-in API for algorithmic trading. The key management team includes Jay Hao, who has been the CEO since the beginning, and Mingxing “Star” Xu, who co-founded the separate OKEx platform.

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

OKB is on the rise this week.

The price of OKB has risen by 1.43% in the past 7 days. The price increased by 0.11% in the last 24 hours. In just the past hour, the price grew by 0.53%. The current price is $58.01 per OKB. OKB is 100.00% below the all time high of $24,917,782,493.24.

The current circulating supply is 60,000,000 OKB.

FAQ

What is the current price of OKB?

We update our OKB to USD currency in real-time. Get the live price of OKB on Coinbase.

What is the market cap of OKB?

The current market cap of OKB is $3.48B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of OKB?

The all-time high of OKB is $24,917,782,493.24. This all-time high is highest price paid for OKB since it was launched.

What is the 24 hour trading volume of OKB?

Over the last 24 hours, the trading volume of OKB is $14.60M.

What other assets are similar to OKB?

Assets that have a similar market cap to OKB include Dai, Litecoin, SHIBA INU, and many others. To see a full list, see our comparable market cap assets.

How many OKB are there?

The current circulating supply of OKB is 60 million.

Can I buy OKB on Coinbase?

Yes, OKB is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy OKB guide.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.