What is OKB & what are the advantages of holding it?

OKB, the leading cryptocurrency token that operates on the Ethereum platform & global Utility token issued by the OK Blockchain Foundation. OKB is listed on Ledger’s hardware wallet, Aliniex, Bynex & Vietnam’s top fiat & OKB coins can be used on various platforms that are part of the OKB eco-system. A total of 300,000,000 OKB are there in the market & if all of them are diluted now then their total worth is around 1.5 Billion Dollars.

More than 40,000+ holders of OKB are present around the globe & a global single-day volume surpassed $300 Billion in June 2020. If a person has bought OKB worth $1000 on 14 January 2019 then he could have $12,775 on 16 February 2020. This is an 1100% increase in the value of OKB coin.

3 Additional Advantages of Holding $OKB

• Transactional Fee Discounts

The platform has defined levels based on your OKB holdings. The more you are level on the more you will get transactional discounts on OKB coins. Other than this based on the trading volume the platform defines VIP users who enjoy better discounts & benefits.

• Jumpstart Sessions

OKEx offers Jumpstart session which is OKEx token sales platform & the holder who holds a minimum of 100 OKB coins for 5 consecutive days is eligible to participate in the session. The amount which each user gets after the session depends on the amount of OKB and for how much time the holder was handling the tokens.

• Designated Merchants

When trading happens many times a small amount is left in the wallet which is left unused. So, to manage this problem OKEx supports small-balance conversion, where users can convert all the leftover balances into OKB tokens.

Game Plan of OKB Burning

Whenever supply for a product is less its value & demand automatically increases. Similarly, OKB follows a burning strategy after every 3 months. The 30% of the OKEx spot market transaction fee income is being used to buy back OKB and transfer them to the black hole address for burning. Therefore the value is increased resulting from supply deduction. The latest, 7th burn started in December and ended in February burning a total of 3,183,344.61 OKB.

OKB is a win-win in the blockchain industry & its robust and secure model helps everyone to experience the magic of cryptocurrency.

Here are some important links of OKEx Exchange👇

Join OKEx —
https://www.okex.com/join/1919848

OKEx Telegram —
https://t.me/OKExOfficial_English

OKEx Announcement —
http://twitter.com/OKEx/

Twitter —
http://twitter.com/OKEx/