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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.
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.
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.
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.
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.
Easily buy OKB tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include OKB/USDT, OKB/USDC, OKB/ETH, and OKB/BTC.
You can also buy OKB with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.
Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for OKB with zero fees and no price slippage by using OKX Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into OKB, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
Dive deeper into OKB
OKB is the native utility token of the OKX cryptocurrency exchange, previously known as OKEx. Founded in 2017, OKX introduced OKB to the market a year later, in March 2018.
OKX is one of the world's largest crypto trading platforms, allowing users to buy, hold, and trade popular crypto tokens, including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and more. The crypto exchange is known for its robust security measures, clean asset reserves, diverse product offerings, and user-friendly interface. With a global presence in over 100 countries, OKX is committed to providing a safe, secure, and transparent platform for users to buy and trade cryptocurrencies and take full advantage of the opportunities presented by blockchain technology.
Beyond spot, margin, and derivatives trading, OKX also offers trading bots and copy trading for users to trade with confidence, an Earn program for users to grow their crypto holdings passively, an NFT marketplace, and an OKX Web3 Wallet that allows users to seamlessly access decentralized finance (DeFi) services and decentralized applications (dApps). Additionally, OKX boasts its own EVM and IBC-compatible Layer 1 blockchain network, OKX Chain (OKC), for next-gen dApps.
OKX has also established strategic partnerships with a number of globally recognized brands, including McLaren F1, Manchester City, and Tribeca Festival. Through these partnerships, OKX aims to raise awareness of the benefits of blockchain technology and increase the adoption of cryptocurrencies worldwide. These prestigious partnerships demonstrate OKX's commitment to expanding the use cases of blockchain and its dedication to supporting cultural and sporting initiatives.
Disclaimer
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.