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OKB

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Quote currency:
USD
OKB
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USD
1 OKB = 51.6 USD
Last updated 2024-02-27 23:03:34(UTC-0)

OKB price live data summary

The live price of OKB is $51.6 per (OKB / USD) today with a current market cap of $3.10B USD. The 24-hour trading volume is $10.85M USD. OKB to USD price is updated in real time. OKB is +0.04% in the last 24 hours. It has a circulating supply of 60,000,000 .

What is the highest price of OKB?

OKB has an all-time high (ATH) of $64.27, recorded on 2023-11-14.

What is the lowest price of OKB?

OKB has an all-time low (ATL) of $1.25, recorded on 2019-05-17.

When is a good time to buy OKB? Should I buy or sell now?

When deciding whether to buy or sell OKB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget OKB technical analysis can provide you with a reference for trading.
According to the OKB 4h technical analysis, the trading signal is Strong buy.
According to the OKB 1d technical analysis, the trading signal is Strong buy.
According to the OKB 1w technical analysis, the trading signal is Buy.

OKB price performance in USD

24h7d30d90d1yAll-time
+0.04%+1.25%-0.97%-7.93%-0.89%+3162.63%

OKB price history in USD

TimeLowHigh
24h$50.67$52.01
7d$49.83$52.95
30d$47.14$54.67
90d$37.51$61.9
1y$37.51$64.27
All-time$1.25(2019-05-17, 4 years ago )$64.27(2023-11-14, 106 days ago )

OKB market information

Market capCombinedShapeIcon
$3,095,812,048.8
+0.04%
Fully diluted market capCombinedShapeIcon
$15,479,060,243.98
+0.04%
Volume (24h)CombinedShapeIcon
$10,854,028.5
+30.22%
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
+20.00%
24h volume / market capCombinedShapeIcon
0.0035
Circulating supplyCombinedShapeIcon
60,000,000 OKB
Total supply / Max supplyCombinedShapeIcon
300,000,000 OKB
-- OKB
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OKB ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

OKB Social Data

In the last 24 hours, the social media sentiment score for OKB was 0, and the social media sentiment towards OKB price trend was Bearish. The overall OKB social media score was 468,514, which ranks 4 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,564,152 times, with OKB being mentioned with a frequency ratio of 0.1%, ranking 18 among all cryptocurrencies.

In the last 24 hours, there were a total of 0 unique users discussing OKB, with a total of OKB mentions of 1,555. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 20%.

On Twitter, there were a total of 68 tweets mentioning OKB in the last 24 hours. Among them, 41% are bullish on OKB, 18% are bearish on OKB, and 41% are neutral on OKB.

On Reddit, there were 0 posts mentioning OKB in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning OKB. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
0
Social score(24h)
468.51K(#4)
Social contributors(24h)
0
0%
Social mentions(24h)
1.55K(#18)
+20%
Social dominance(24h)
0.1%
Twitter
Tweets(24h)
68
+325%
Twitter sentiment(24h)
Bullish
41%
Neutral
41%
Bearish
18%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About OKB(OKB)

What Is OKB?

OKB is an ERC-20 based utility token that powers the OKEx cryptocurrency exchange, one of the world's leading digital asset trading platforms. Launched in 2018 by OKEx, OKB has since gained traction within the crypto community, thanks to its diverse range of utilities and its close integration with the OKEx ecosystem.

As a utility token, OKB serves various purposes on the OKEx platform, granting users access to exclusive features, rewards, and discounts. One of the primary benefits of holding OKB tokens on the OKEx exchange is the privilege of reduced trading fees. Users can enjoy significant discounts on trading fees based on their OKB holdings and trading volumes. This incentive encourages traders to acquire and hold OKB, further boosting its demand and liquidity.

Additionally, OKB holders can access exclusive VIP memberships on the OKEx platform, offering a host of premium features and personalized services. These tiers are determined based on the number of OKB tokens held, providing additional motivation for users to accumulate and stake OKB.

OKB also grants users the opportunity to participate in token sales conducted on the OKEx Jumpstart platform. This advantage allows early access to promising blockchain projects, enhancing investment opportunities for OKB holders.

As OKB gains traction, the OKEx exchange actively seeks to expand its ecosystem by partnering with various projects and businesses. Many blockchain startups choose to collaborate with OKEx to leverage the user base of OKB, leading to increased adoption and utility for the token. Moreover, OKB is not limited to its native exchange. The token's integration with other platforms and applications allows users to access a broader range of services and products within the larger crypto space.

Resources

Official website: https://www.okx.com/

How does OKB work?

The OKB token operates on the Ethereum blockchain, leveraging the advantages of this robust network, including security, scalability, and decentralization. Being an ERC-20 token, OKB is compatible with most Ethereum wallets and decentralized applications (DApps), allowing users to store, send, and receive OKB with ease.

OKB's utility and value are closely tied to its tokenomics and supply. The total supply of OKB is limited, making it a deflationary asset with potential for increased value over time. To ensure transparency and community involvement, OKEx has implemented a comprehensive token burn mechanism. A portion of the trading fee revenue is allocated to buying back OKB tokens from the market, after which these tokens are permanently removed from circulation. This approach not only helps manage inflation but also aligns the interests of OKB holders with the exchange's growth and success.

Furthermore, OKB is subject to regular audits and security checks to ensure that it remains protected from potential vulnerabilities and attacks. As a prominent player in the cryptocurrency space, OKEx places a strong emphasis on regulatory compliance and security measures. The exchange adheres to relevant regulations and industry best practices, providing users with a safe and compliant trading environment.

To make the most of the benefits OKB offers, users need to create an account on OKEx, the platform that fuels the entire OKB ecosystem. Once registered, users can start trading various cryptocurrencies and acquire OKB tokens to unlock its exclusive features and rewards.

What Determines OKB's Price?

Understanding the factors that influence the OKB price today is crucial for both investors and traders in the cryptocurrency market. The OKB token price is linked to the performance and reputation of its platform, OKX, a leading cryptocurrency exchange. One of the unique features that directly impact the OKB coin price is the token buyback and burn program. OKX employs a portion of its trading fees to enact a buyback of OKB tokens from the market, which are then burned, effectively reducing the total supply. This pre-programmed scarcity can significantly influence the OKB current price and serves as a bullish factor for OKB's value over time. Additionally, the utility of OKB within the OKX ecosystem, such as discounted trading fees and access to VIP services, adds intrinsic value to the token, influencing its price and market cap.

Market sentiment and global economic conditions also play pivotal roles in OKB price analysis. Like all cryptocurrencies, OKB is highly volatile and subject to market risks. Regulatory shifts can also alter the OKB to USD exchange rate, especially considering the token's value is closely tied to the performance and stability of the OKX exchange.

Investors interested in OKB price predictions should also account for the token's liquidity risks, as it is less widely traded compared to other prominent cryptocurrencies like Bitcoin or Ethereum. Constantly monitoring the OKB price chart and staying updated with OKB price news can offer valuable insights into its price history. This data is crucial for making informed investment decisions. Keeping an eye on OKB price live updates, OKB price forecast, and OKB latest price are essential metrics for anyone considering an investment or trade in this unique token.

Conclusion

In conclusion, OKB has evolved as a prominent utility token, offering a wide range of benefits within the OKEx ecosystem. Its seamless integration with the exchange, coupled with its deflationary model and innovative tokenomics, has propelled its adoption and utility in the ever-expanding world of cryptocurrencies. As the industry continues to mature, OKB's role in shaping the future of digital finance will undoubtedly be exciting to witness. However, potential investors should conduct their due diligence and seek professional advice before engaging with any cryptocurrency to make informed decisions.

Trade OKB perpetual futures

After having successfully signed up on Bitget and purchased USDT or OKB tokens, you can start trading derivatives, including OKB futures and margin trading to increase your income.

The current price of OKB is $51.6, with a 24h price change of +0.04%. Traders can profit by either going long or short onOKB futures.

Join OKB copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or OKB tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of OKB.

What is the current price of OKB?

We update our OKB to USD price in real time. Get the live Price of OKB on Bitget.

What is the 24 hour trading volume of OKB?

Over the last 24 hours, the trading volume of OKB is $10.85M.

What is the all-time high of OKB?

The all-time high of OKB is $64.27. This all-time high is highest price for OKB since it was launched.

Can I buy OKB on Bitget?

Yes, OKB is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in OKB?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy OKB with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

What is OKB Crypto used for?

OKB is an ERC-20 token on the Ethereum blockchain, serving as a utility token for OKX exchange users. Holding OKB provides OKX traders with benefits like discounts, exclusive token offerings access, and interest earnings on savings.

How many OKB coins are there?

OKB has a circulating supply of 60.00M coins and a total supply of 235.96M OKB

Is OKB decentralized?

OKB is a decentralized, open-source platform that provides users with a secure and transparent environment to access digital currencies and other services. OKB is built on the Ethereum blockchain and is based on the ERC-20 token standard. This allows users to transfer and receive OKB tokens on the Ethereum network.

What makes OKB different from others?

OKB, a deflationary token, utilizes 30% of spot trading fees from the OKX platform for an ecosystem buyback and burn strategy. Quarterly, 30% of this income buys OKB from the market, then burns it, ensuring public transparency. This program bolsters OKB's scarcity, safeguarding its value. Additionally, OKX enhances traders' purchasing strength with margin trading.

What makes OKB unique?

OKB is the OKX utility token that enables users to access the crypto exchange's special features. The coin is used to calculate and pay trading fees, grant users access to voting and governance on the platform, and reward users for holding OKB.

Is OKB a good investment?

OKX. The exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKX is similar in many aspects to the cryptocurrency exchange Bitget, but there are a few key differences. The OKX platform has its own cloud mining service, and the company has a more focused reach in providing options trading for users.
Cryptocurrency investments, including buying OKB online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy OKB, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your OKB purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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OKB is not available for trading on the Bitget Exchange, but can be held in custody on Bitget Wallet.
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