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OKB wallet mobile app for iOS and Android
OKB is the native exchange token of OKEx that provides discounts on trading fees, access to the OK Jumpstart initial exchange offering (IEO) platform, and voting rights for tokens to be listed on the exchange. In the future, it will be used to pay transaction fees on the OKChain blockchain as well as decentralized exchange OKDEX.
OKB token type
ERC-20 until Migration
Discount, Payments, Vote
Token Burn OKEx uses 30% of transaction fees from the spot market to buy-back and burn OKB.
Discounted fees OKEx offers spot and futures trading fee discounts based on the user’s holdings of OKB as well as 30-day trading volume.
OK Jumpstart IEOs on OK Jumpstart are available to OKB holders basedon user’s 7-day holdings.
Token listing votes OKB gives holders voting rights on subsequent token listings where 1 OKB = 1 vote. The winning candidate will be required to pay a security deposit between 200k – 300k which will be returned monthly over 12 months.
“Happy Friday” distribution OKEx runs a weekly bonus campaign where half of the trading fees are distributed to token holders. The rewards are denominated in bitcoin and the amount distributed is dependent on the number of OKB a user holds.
OKB history and first price
OKEx is a Malta-based crypto exchange that launched in 2017 and released their native OKB token in March 2018.
You can transfer your OKB holdings and store it safely with Cropty wallet. Cropty secures safety of your holdings through various verification options like using password, authenticator app, Face ID, Touch ID and backup codes. You can be sure no one can get access to you OKB holding except you.
The Cropty wallet provides the most convenient application for storing and transfering OKB. Cropty targets to become one the best crypto wallets for Android and iOS in 2022. Cropty provides convenient application and secure custodial services, built for crypto beginners, as well as for crypto-savvies.
- Sign up to OKB wallet.
- Top up your balance with OKB.
- Store, trade or deposit your OKB.
- Get OKB deposit interest directly to your Cropty wallet.