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OKB

OKB  

#OKB

OKB Price:
$40.39
Volume:
$30.0 M
All Time High:
$44.24
Market Cap:
$10 B


Circulating Supply:
246,638,974
Exchanges:
12
Total Supply:
300,000,000
Markets:
21
Max Supply:
300,000,000
Pairs:
22



  OKB PRICE


The price of #OKB today is $40.39 USD.

The lowest OKB price for this period was $0, the highest was $40.39, and the exact current price of one OKB crypto coin is $40.38948.

The all-time high OKB coin price was $44.24.

Use our custom price calculator to see the hypothetical price of OKB with market cap of ETH or other crypto coins.


  OKB OVERVIEW


The code for OKB is also #OKB.

OKB is 3.8 years old.


  OKB MARKET CAP


The current market capitalization for OKB is $9,961,619,865.

OKB is ranked #11, by market cap (and other factors).


  OKB VOLUME


The trading volume is large today for #OKB.

Today's 24-hour trading volume across all exchanges for OKB is $29,978,606.


  OKB SUPPLY


The circulating supply of OKB is 246,638,974 coins, which is 82% of the maximum coin supply.


  OKB BLOCKCHAIN


OKB is the native coin for the Okex Chain blockchain.

View the full list of Okex Chain blockchain tokens, and has digital contracts with 2 other blockchains.

See list of the OKB Blockchain contracts with 3 different blockchains.


  OKB EXCHANGES


OKB is integrated with many pairings with other cryptocurrencies and is listed on at least 12 crypto exchanges.

View #OKB trading pairs and crypto exchanges that currently support #OKB purchase.


  OKB RESOURCES


Websitewww.okx.com
Whitepaperokexchain-docs.readthedocs.io/en/latest
Twitterokx
Redditr/OKEx
TelegramOECofficial
Discord2rynEUqJxP
Mediumokex-blog
Instagramokx_official


  OKB DEVELOPER NEWS



Why DeFi

Ever since late 2019 and early 2020 DeFi has been the hot “buzz word” for cryptocurrency. What makes DeFi special? And why was it invented in the first place? — Bitcoin the first decentralized internet money. — Bitcoin is the first decentralized cryptocurrency and allows users to send value to each other in a peer to peer system. For peer to peer payment Bitcoin worked quite well but it has a limited smart contract system that can’t take care of loans, exchanging tokens, and other important services. To make up for Bitcoin’s limitations centralized services were put in place. Some have served their customers quite well (like OKEx) while others like Mount Gox caused customers to lose a lot of Bitcoin. — Ethereum and smart contracts. — In 2013 Vitalik Buterin launched the Ethereum white paper and two years later launched the network. Ethereum is made for flexibility and running the sorts of smart contracts that Bitcoin can’t do. Over the course of several years Ethereum developed its code and eco system and gradually what we call DeFi emerged. — DeFi products and services. — Once complicated smart contracts could be ran on blockchains it opened up a wide world of possibilities. This includes: Decentralized exchanges that allow you trading of tokens without centralized services like Uniswap., Lending services like Compound., Stablecoins like Maker DAO, Wrapped coins that don’...




Cryptocurrency: a Non-correlated Asset

Newcomers to cryptocurrency often wonder what the financial advantages are to owning cryptocurrencies like Bitcoin. Many people get carried away with the gains that they see in the current bull market and fail to see one of it’s biggest advantages; a hedge against government currency failure. Venezuela Venezuela used to be one of the most financially prosperous countries in South America… until the government hyperinflated their currency to pay for debts and entitlement programs. Not only did the currency become worthless but it also ruined the Venezuelan stock market and bonds market. Hyperinflation does not just kill currency. It kills everything that a currency depends on; including most businesses. The Problem of Hyperinflation There have only been a handful of assets in Venezuela that maintain any semblance of value; gold and cryptocurrency. Everything else has been destroyed by the Venezuelan government. Why do assets like gold and Bitcoin survive when everything else dies? Stocks and bonds can’t survive hyperinflation. The businesses tied to the stocks need a stable and useful currency to function correctly. This means the business must: A: Adopt a currency that is NOT the local currency. This may be against the country’s laws, be expensive to implement or just not practical. B: Go out of business. C: Do illegal activity to survive. D: A little bit of everything. Government bonds and corporate bonds also bec...




Ten Crypto Myths

There is a lot of false information and fuzzy thinking in the crypto world… especially for newcomers. Here are ten crypto myths (in no particular order) that need to be slain by Hercules. Bitcoin is a Ponzi scheme. Ponzi would take people’s money, promise to invest it, and then give them their return on investment. In reality, he would get money from a new investor to pay the old ones off. Eventually he ran out of money and got in trouble. With Bitcoin there is no Ponzi and there is no “investment scheme”. When you buy one Bitcoin you have bought one Bitcoin. Whether it goes up or down in value is for the free market to decide., Bitcoin will die any day now. According to mainstream news Bitcoin died in 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020. Yet, it continuously goes up in value and now has institutional investors like MicroStrategy and Tesla., Bitcoin is the only legitimate cryptocurrency. There are several high quality cryptocurrencies on the market. Ethereum for instance, has ran strong from 2015 and hosts a wide variety of DApps like the Brave Browser and Uniswap., Only cryptos that have a high price are worth buying. What matters is growth. If Bitcoin goes up 10,000 Dollars that is a nice gain. But if Dogecoin goes up 10 cents the investment just doubled. Always take growth over a big number., Cryptos have no real value. The value of everything is determined by the laws of supply and dem...




The Importance of Decentralization






The Power of Network Effect

Everyone is stronger together What makes Bitcoin so powerful? Why do crypto enthusiasts dream about mass adoption of cryptocurrencies like Bitcoin and Ethereum? Why does the price of Bitcoin seem to rise when more people buy it? And why does Bitcoin remain the number one crypto when it longer has the best technology? These are all common questions asked by those who are new to the strange world of cryptocurrency. The answer to these questions can be summarized in one phrase: network effect. — What is Network Effect? - Those of you familiar with computer science already know the power of network effect. It’s why we still use old internet protocols like TCP/IP even though computer scientists can build something better. For the rest of us it’s easier to explain “network effect” with popular social media sites like Facebook. Why is Facebook a multi billion dollar company? It’s not because their technology is hard to replicate. You could hire a handful of undergrads from a Computer Science school and they could make something similar to Facebook., It’s not because their technology is the best in the world. There are other social media sites that have better technology and no one thinks of Facebook as “cutting edge”., It’s not because they offer the best social media platform. Many people prefer Instagram, Snapchat, Twitter, and a variety of other social media platforms., What makes Facebook so powerful...




Improving OKEx’s token listing process

OKEx is currently in the middle of our first ever community token vote (which will end on June 10th, 2018), and we’re excited to see how it will be received by our community. As we await the results, I want to highlight and explain our thinking behind our new listing process, as well as invite feedback as we continue to refine our approach.  — @OKEx_ Selecting which tokens to list is a complicated process While we want to support token teams with high promise and demand, we are also wary of all the risks out there. From regulatory and legal risks, to cases of incompetence and outright fraud, we have a duty to our community to do our best in minimizing their exposure to “bad” tokens. At the same time, we try to select and list tokens that our users would like to purchase and utilize. This process of due diligence and selection, coupled with a guess as to how a token will be received by the community, is more art than science. And ultimately had left our community, token backers, and token project teams feeling disconnected. We want to change that. What makes OKEx’s listing process different One key way we differentiate ourselves is by not taking a listing fee. We believe in aligning with token teams over the longer term. So, we look for ways to mutually align. We encourage our listed tokens to brainstorm ways to bridge our mutual communities. For some token teams, we’ve done joint marketing and e...




  OKB NEWS


Crypto Market Cap Reclaims $1T as SOL, OKB, APT Explode by Double Digits...

    Bitcoin soared by roughly $2,000 in the past several, charting its highest price position since mid-September. The altcoins are well in the green as well, with some, such as SOL and OKB, posting massive double-digit price increases. Bitcoin Sees 18-Week High The latest bitcoin surge came amid five bullish on-chain factors provided by CryptoQuant earlier this week. The asset had calmed after touching $21,600 and had retraced to just under $21,000. The bulls had a battle that continued for a few days seems to be won, at least for now, as BTC went through one of its most impressive overnight price surges in a while. It took it from below $21,000 to inches away from $23,000. Although it has still been unable to tap that level as of now, touching $22,800 is the highest price tag bitcoin has seen in 18 weeks. Somewhat expectedly, this price surge caused losses worth millions of dollars for over-leveraged traders, with the majority being short positions. The price pump has helped BTC's market cap to increase to almost $440 billion. Its dominance over the altcoins is also on the rise and is up to 42%. BTCUSD. Source: TradingView APT, SOL, OKB Skyrocket Although BTC's market dominance is increasing, several altcoins are actually outperforming the largest digital asset on a daily scale. Among those, Aptos' native token has taken the main stage with a mind-blowing 57% surge. As a result, APT has marked a multi-month high above $12. Next in line from the larger-cap altcoins are Solana, O... read More



Solana Recovers 15%, OKB Skyrockets to 1-Year High: Market Watch

    Bitcoin finally initiated a minor leg up in the past few hours and charted a multi-day high at over $16,700. The altcoins are even more in green, led by massive gains from OKB, Solana, and others. OKB, SOL Skyrocket Ever since the FTX collapse, several crypto exchanges have been frequently presenting proof of reserves, and OKX has been at the forefront. Its native cryptocurrency has been on a roll in the same timeframe. The past 24 hours alone have brought a 12% increase, resulting in a surge to above $30 for the first time in over a year. OKB has almost doubled its USD valuation since the FTX crash and has found a place in the top 10 largest digital assets by market cap. Solana is another massive gainer today following a few days of consecutive price falls. SOL is now up by 15% and trades well above $11. Litecoin, Cardano, Dogecoin, Polkadot, and Polygon have also added impressive percentages on a daily scale. Ethereum has reclaimed $1,200 after a 2% increase. Binance Coin is close to $250 following a similar daily jump. The crypto market cap is back above $800 billion after a $20 billion increase. Cryptocurrency Market Overview. Source: Quantify Crypto Bitcoin Eyes $17K The primary cryptocurrency finished the rather violent 2022 without any significant price movements. Just the opposite, the asset had gradually declined to under $16,500 and remained there for a few consecutive days. Yesterday didn't bring anything different, and BTC stood around that same number. The past 1... read More



OKB Token Puts On Higher Numbers Amid Crypto Market Volatility

    OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to lead the market in gains.  There’s no major catalyst for OKB’s surge on the day. However, a 20.32% uptick in its trading volume suggests that users have been quite busy. It might have something to do with the exchange’s announcement of adjusting the position tiers of its perpetual swaps and futures. Furthermore, OKX joined the likes of Binance to announce a recovery fund for projects struggling with liquidity. This comes after popular crypto exchange FTX ran into liquidity issues that saw it lock users out of their funds. The exchange’s announcement was a major factor in OKB’s weekly price surge. OKX Announces Project Recovery Funds, OKB Starts Bullish Run Earlier this week, OKX announced its intentions to establish a $100 million project ecological support plan. According to the tweet, OKX will work with OKXChain and OKX Demo Day on the project. OKX intends to assist high-quality projects currently struggling with issues like liquidity. The cryptocurrency exchange believes it's essential to help projects migrate seamlessly. Furthermore, it plans to offer qualifying projects financial, ecological, and technical support to help them overcome the ... read More



OKB Token Records Higher Gains Amidst Crypto Market Volatility

    OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to lead the market in gains.  There’s no major catalyst for OKB’s surge on the day. However, a 20.32% uptick in its trading volume suggests that users have been quite busy. It might have something to do with the exchange’s announcement of adjusting the position tiers of its perpetual swaps and futures. Furthermore, OKX joined the likes of Binance to announce a recovery fund for projects struggling with liquidity. This comes after popular crypto exchange FTX ran into liquidity issues that saw it lock users out of their funds. The exchange’s announcement was a major factor in OKB’s weekly price surge. OKX Announces Project Recovery Funds, OKB Starts Bullish Run Earlier this week, OKX announced its intentions to establish a $100 million project ecological support plan. According to the tweet, OKX will work with OKXChain and OKX Demo Day on the project. OKX intends to assist high-quality projects currently struggling with issues like liquidity. The cryptocurrency exchange believes it's essential to help projects migrate seamlessly. Furthermore, it plans to offer qualifying projects financial, ecological, and technical support to help them overcome the ... read More



OKB Token Still Holds Above 14% Following Market Plummet

    Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading at $18.61, a 14.57% rise in the last seven days.  However, its daily price hasn’t been pretty. As of writing, OKB has lost over 12%, and there’s no hope of recovery anytime soon. The only other crypto that held on to its weekly gain was Polygon’s MATIC. The token kept over 9% from last week but has since shed all that profit. It has joined the rest of the market in the red zone with a 6% 7-day loss. Can OKB Continue To Hold, Or Will It Join The Rest Of The Market? While OKB has held on to substantial gains, it seems unlikely to keep it for long. The token enjoyed a 24% price surge earlier in the week after the exchange opened a shop in the Bahamas. At the time, the token solidified itself as the third-highest gainer of the week. However, the FTX liquidity crisis news proved a stronger opponent to the token’s bullish run. The token has remained strong even though its trading volume and market cap have dropped in the last 24 hours. However, if OKB continues to hold above $18, then it will be able to maintain its current position. But if the token drops below this level, it could find itself joining the rest of the market. If this happens, it won’t be easy to recover.  As per the charts, OKB sti... read More



More OKB (#OKB) News

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