What is OCD? OKB coin is a global service token with various use cases, released by cryptocurrency exchange OKX. As Kriptokoin.com, we will examine OCD in this article. In addition, we will answer questions such as what is OKX, what is OKB coin, what is it for, how to buy it, which are wondered by investors. Now, let’s examine this crypto money, which is an exchange token like BNB and HT, together.
What is OKX?
Before moving on to the OKB coin, we need to examine the OKX exchange. For those who don’t know, OKX is an innovative cryptocurrency exchange with advanced financial offers. It serves millions of users worldwide in more than 180 regions. The platform provides users with cutting-edge crypto trading experience and earning services. Users can trade spot, margin and derivatives with this exchange. They also have a number of advantages such as providing access to DeFi products via the Web3 wallet. The platform covers many items from NFTs to dApps.
What is OKB coin?
OKB coin is a global utility token jointly released by OKX and OK Blockchain. OKX is among the largest crypto exchanges in the world. Accordingly, it currently ranks third in liquidity and fourth in trading volume. Many aspects of OKX are similar to those of Binance, the largest cryptocurrency exchange. However, it also has a few important differences. The purpose of use of OKB is to provide access to various services on this exchange. The asset is currently hosted on OK Blockchain and Ethereum.
What does OCD do?
OKB coin plays an important role in the OKX ecosystem. It allows users to get up to 40% discount on transactions. This discount rate varies according to the amount of tokens owned by users. At this point, the exchange divides users into 2 status groups: normal and VIP. Regular users get a discount based on how many coins they hold. VIP users, on the other hand, get a discount rate according to their transaction amount. This means that in addition to commissions, users also receive discounts based on their rank.
However, holders of the token can also earn passive income through the “Earn” category on OKX. The rate of return earned by coin holders is higher than for ordinary users. Finally, the asset can enjoy a number of benefits, such as participation in pre-token sales of high-quality crypto projects. With a supply of 300 million units, the cryptocurrency is currently the 37th largest cryptocurrency.
What is OKB coin? How to take
In addition to OKX, the OKB coin is also listed on cryptocurrency exchanges such as MEXC, Hotcoin, and XT. Interested investors must become a member of one of these exchanges and deposit an asset in their wallets according to OKB’s trading pairs. Those who do this can buy the asset by placing a buy order for crypto money.
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