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What is OK Coin? List of OK Coin issuance and listed trading platforms

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Release: 2024-08-30 18:10:01
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OK Coin is a blockchain-based digital asset launched by OKEx exchange in 2017. Its native token OKB has functions such as transaction fee discounts, IEO participation qualifications, DeFi service access rights, and community governance rights. The total issuance of OKB is 1 billion, of which 700 million have been circulated and are being gradually destroyed. OKB has been listed on OKEx, Huobi, Binance and other trading platforms.

What is OK Coin? List of OK Coin issuance and listed trading platforms

What is OK Coin?

OK Coin is a digital asset based on blockchain technology, launched by OKEx exchange in 2017. The native token of OK coin is OKB, which has the following functions:

  • Transaction fee discount
  • IEO (initial trading platform) participation qualification
  • DeFi service access rights
  • Community Governance Rights

OK Coin Issuance

The total issuance of OKB is 1 billion, of which 700 million have been circulated. The number of OKB in circulation will gradually decrease with the implementation of the OKEx destruction plan.

OK Coin Listed on Trading Platforms

OKB has been listed on the following trading platforms:

  • OKEx
  • Huobi
  • Binance
  • Coinbase Pro
  • FTX
  • KuCoin
  • Gate.io
  • Bittrex
  • Upbit
  • Bitfinex

OKB Price Increases

As of 11:00 on August 30, 2024, the price of OKB (OKB) is $36.99 , with a trading volume of $215,601,880.13. The price has increased by 0.31% in the last 24 hours.

Factors for price changes

The recent price increase may be due to the following factors:

  • Overall bullish sentiment in the market:The cryptocurrency market in general is trending upward, and OKB is benefiting from it.
  • Continued Growth of OKX Exchange: As the native token of OKX Exchange, demand for OKB increases as the exchange’s trading volume increases.

Future Trend Analysis

OKB’s price trend may be affected by the following factors:

  • Cryptocurrency Overall Market Performance: If the market continues to rise, OKB will likely continue to benefit.
  • OKX Exchange Growth: The exchange’s continued expansion is likely to drive demand for OKB.

Next Steps

Investors should carefully consider their financial situation and risk tolerance before making any investment decision.

Short-term trend forecast

OKB’s short-term price trend may be affected by market sentiment and exchange trading volume. If these factors remain positive, prices may continue to rise.

Indicators

  • Current Price: $36.99
  • 24 Hour Volume: $215,601,880.13
  • Circulation Volume: 60,000,000 OKB
  • Circulation market capitalization: USD 221,964,5304.61

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