OKB is a cryptocurrency issued by OKX Exchange, built on the Ethereum blockchain. As the native platform token of OKX, its primary uses include paying transaction fees, participating in platform governance, voting, and accessing platform services. Given the optimistic market outlook for OKB, trading activity among investors remains high. However, many beginners may still wonder how to buy and sell OKB. Currently, the most convenient method is trading OKB on exchanges like OKX or MEXC. Below is a step-by-step guide to OKB trading.
How to Buy and Sell OKB?
Trading OKB is straightforward, primarily conducted on exchanges like OKX and MEXC. Here’s a detailed tutorial for trading OKB on OKX Exchange:
Step 1: New User Registration
- Visit the official OKX Exchange website (official registration), enter your email on the homepage, and click "Register."
- Slide the puzzle piece to complete verification, then enter the verification code sent to your email (valid for 10 minutes).
- Enter your phone number and click "Verify Now."
- Input the 6-digit verification code sent to your phone (also valid for 10 minutes).
- Select your country/region and agree to the Terms of Service, Risk and Compliance Disclosure, and Privacy Policy.
Create a password meeting these requirements:
- 8–32 characters
- 1 lowercase letter
- 1 uppercase letter
- 1 number
- 1 symbol (e.g., !@#$%)
- After logging in, navigate to the "User Center" for identity verification.
- Choose the appropriate verification level (note: video verification must be done via the OKX app).
Step 2: Buying/Selling OKB
Before trading, ensure you hold USDT. You can buy USDT via the C2C marketplace:
- Select a reputable seller, click "Buy," and follow payment instructions.
- Wait for the seller to release the coins (contact support if delays occur).
- Go to "Trade" > "Spot Trading" on the homepage.
- Search for OKB and select the OKB/USDT trading pair to view real-time market data.
- Enter the amount of OKB to buy/sell and confirm the transaction.
Is OKB a Good Investment?
Currently, OKB shows promising performance. According to official data:
- Current price: **$54.76** (below its all-time high of $73.77 but significantly above its initial price of $1.58).
- ROI: +3365.91%, reflecting strong market confidence.
Key Advantages of OKB:
- Ecosystem Utility: Discounts on trading fees, governance participation, and staking rewards.
- Liquidity: High demand due to OKX’s large user base and trading volume.
- Growth Potential: Expanding use cases, including IEO participation and platform-specific benefits.
FAQs
1. How do I store OKB securely?
Use OKX’s built-in wallet or transfer OKB to a private Ethereum-compatible wallet (e.g., MetaMask) for added security.
2. Can I trade OKB 24/7?
Yes, OKB markets operate 24/7 on OKX and other major exchanges.
3. What’s the minimum OKB purchase amount?
This varies by exchange; OKX typically allows fractional purchases (e.g., 0.1 OKB).
4. Are there fees for OKB transactions?
OKX charges a 0.08%–0.1% spot trading fee, reducible by holding OKB.
5. How does OKB differ from other exchange tokens?
OKB offers unique perks like fee discounts, governance rights, and IEO access within OKX’s ecosystem.
👉 Explore OKB’s Latest Features
Disclaimer: Cryptocurrency trading involves risks. Conduct thorough research before investing.