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How to buy OKB (OKB) in the US

A beginner's guide to buying and selling OKB in the US.

OKB
OKB- USD
CENTRALIZED-EXCHANGE
$13.21
+$1.23 (+10.30%)

How to buy OKB

Look for an exchange that supports both fiat and cryptocurrency to simplify buying OKB.

  1. Open an account on an exchange that supports OKB.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy OKB.
  3. Buy OKB.
    Complete your OKB purchase and then find the best wallet to store OKB.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is OKB?

OKB is the native coin of the OKEx platform, which is one of the major cryptocurrency exchanges in the world that offers both fiat to crypto and crypto to crypto trading. As an OKB token holder you can enjoy rewards such as trading fee discount, voting rights and the ability to invest in crowdfunding projects on OKEx Jumpstart. Trading fee discount can be an incentive for active cryptocurrency traders who are eligible for up to 40% discount on trading fees. OKB can also be used on travel and gaming platforms, for example to book hotels on Tripio or top up mobile and fuel cards on Litex, or even upgrade to ad free file transfer on BitTorrent, a popular file transfer platform.

OKB (OKB) is the 30th largest cryptocurrency in the world by market cap, valued at $3,478,259,368. The current price of OKB is $13.02, which is 7.442% higher than yesterday. Prices have ranged between $13.13 and $11.78 over the past 24 hours. All prices are listed in US dollars and accurate as of July 23, 2021 06:07 UTC.

Where to buy

Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

OKB at a glance

Information last updated July 23, 2021 06:07 UTC.
Coin symbolOKB
Total OKB supply300,000,000
Circulating OKB267,436,118
Current priceUS$13.02
All time highUS$44.01
IndustryExchange
Token usesUtility token
NetworkEthereum

OKB price performance over time

Historical prices compared with the price of US$13.02.

1 hourN/A
24 hours 7.44%
7 days 19.03%
14 days 30.19%
30 days 43.72%
60 days 6.09%
200 days 73.00%
1 year 144.00%

How to sell OKB

You can cash out your OKB with the same exchange you bought it through:

  1. Sign in to the exchange you have OKB on.
    If you store your OKB in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of OKB you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of OKB.

What to consider when buying OKB

Investing in cryptocurrency can be a risky exercise and it's important to do research to make sure you understand the benefits and risks involved. Before buying OKB tokens, here are some of the important factors to consider:
  • Investment purpose. It's important to consider why you want to invest in OKB. Is it a short-term trade or long-term investment? If you're already actively trading cryptocurrencies on the OKEx trading platform, it can also be a way of accessing trading fee discounts of up to 40%.
  • Supply. To reduce supply in an attempt to prop up value, OKB tokens are 'burnt' regularly. The platform also uses 30% of the income from OKEx spot trading fees to buy back OKB from the 300 million in circulating supply.
  • Relationship with OKEx. OKB tokens are unique in that they are minted by the OK Blockchain Foundation – the same entity that runs the OKEx platform. Therefore, any issues with the OKEx platform is likely to have an impact on the OKB price movement. For example, Cointelegraph reported when OKEx suspended its cryptocurrency withdrawals last year OKB price plunged by 15%. Investors should be mindful of the risk to the OKB price if there are any issues with the OKEx trading platform.

Coins similar to OKB (OKB)

Disclaimer: Cryptocurrencies, including OKB, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OKB is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the OKB or any other cryptocurrency discussed.

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