OKB - is a cryptocurrency issued by the well-known Maltese crypto exchange OKEx. OKB is based on the Ethereum platform (like Binance Coin). The token was released in May 2019. The platform has many features similar to Binance, but it also has its own, for example, cloud mining. Expanding the capabilities of the OKEx ecosystem, OKB allows OKEx users to perform various tasks such as setting up exchanges between partners, paying trading fees, and subscribing to new tokens on the platform.
As a native token, similar to Binance Coin (BNB), OKB grants owners certain rights so they can have a vote in the future. Holding OKB also gives users the right to invest in projects incubated with OKEx and trade on OKDEx.