Launched in March 2018 by the OK Blockchain Foundation, OKB is the native utility token of the OKX exchange.
The main utility for OKB is the attractive discounts on the trading fees charged by the OKX exchange. Regular traders on OKX prefer to hold OKB tokens to be entitled to up to a 40% discount on purchases, depending on their trading volume.
By holding OKB, you also get access to investments in multiple high-quality crypto projects through the OKX Jumpstart launchpad initiative. Additionally, we offer high staking rewards on OKB tokens through OKX Earn.