2021-7-1 19:59 |
OKEx OKB/USD is a secure cryptocurrency exchange that allows users to easily buy, sell or trade cryptocurrencies.
OKB is its native exchange token that provides discounts on the trading fees, as well as success to the OK Jumpstart Initial Exchange Offering (IEO) platform.
Furthermore, it provides users with voting rights for the tokens that can be listed on the exchange.
OKEx recent developmentsOn June 11, OKEx announced that it has completed the integration of Polygon, which is a full-stack scaling solution that allows more Ethereum (ETH) compatible apps to be developed as well as connected. Its value here was $14.
On June 21, OKEx Listed BZZ, the utility token of Swarm. The deposits opened at 2:00 PM UTC. Here, we have a clear perspective as to how often OKEx lists new cryptocurrency tokens and how traders will have the opportunity to purchase and trade them. Its value here was $10.
On June 29, OKEx announced on their official Twitter page that the OKB token will be listed on OKCoinJapan. This is a Japanese subsidiary of the OK Group which has advanced expertise as well as leading blockchain technologies in the crypto-asset industry.
So we can clearly see that OKB’s price fluctuates between the $9 and $15 mark on average here, which gives us a perspective of how far the token can actually go even with that attention and appeal.
Should you buy OKB now?On June 29, OKB was $11. On June 28, it was worth $10. We saw an increase of 10% in value.
When we look at the OKB tokens, they give users a lot of power on the exchange. OKB tokens reduce the fees, give access to the Jumpstart IEO platform and give users voting rights.
With its Polygon integration, OKEx reduces transaction costs as well as waiting times, which allows users to move assets to the decentralized finance system in a way that is a lot more efficient.
This update has brought a lot of interest back into OKEx.
With a lot of new tokens being added consistently, we can see a heightened incentive for traders to buy and sell cryptocurrencies on the OKEx exchange, and as such increase the requirement and use-cases for the OKB token.
Optimistically, the value of the OKB token should rise to the $13 mark in the coming weeks as a lot more users hop onto the platform, making it a worthwhile investment in June.
The post Should I buy OKB Token Right Now? appeared first on Invezz.
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