OKB OKB Prices, Charts and Graphs | Coinread
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OKBOKB#27

$22.53
26.07% ($4.66, 24H)
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  • Market Cap$5,973,084,900
  • Volume (24H)$936,689,440
  • Circulating Supply265,115,438
  • Max Supply300,000,000
  • High (24H)$22.53
  • Low (24H)$17.67
  • Change (1H)9.03%
  • Change (7D)38.57%
  • Change (1M)36.43%
  • Change (1Y)391.23%

Issued by the OK Blockchain Foundation (OKB) and based on the Ethereum network, OKB is a global utility token which powers the OKEx trading platform. Incentivising its use by opening special features to OKB users and multiple third-parties, OKEx hopes to create a ‘win-win situation’ as the blockchain era gathers pace. As a deflationary currency, the platform itself will buy back a certain number of tokens from the secondary market each quarter before ‘burning’ them. Capped at 300 million total tokens, OKB’s burning strategy was introduced in June 2019 and means that the coins in question are transferred to a black-hole address which can never be accessed.

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