OKB, the utility token issued by the cryptocurrency trade and buying and selling big OKEx has been a optimistic performer within the final month. A contemporary month-to-month report for the worldwide utility token reveals that OKB appreciated by 24.9% throughout January 2020 to be valued at 3.26 USDT from the earlier worth of two.61 USDT.
The rising worth of OKB doesn’t come as a shock because the platform is continually engaged on upgrading its underlying infrastructure, whereas the OKEx ecosystem continues to replace its choices. A number of the appreciable developments within the current days contributing to the upward motion of OKB embody growth of the crypto’s storage help via partnerships, the brand new EURO depositing channel and itemizing on Coinbene.
OKB has already solid partnerships with over 32 worldwide companies and group members can buy the tokens utilizing a few of the main fiat currencies together with US Greenback, Euro, Korean Received, Vietnamese Track and Indonesian Rupiah. The OKB tokens can be traded in opposition to different crypto and fiat pairs on a few of the main C2C and Spot exchanges. The current itemizing on Bitlocus is one such improvement that allows individuals to buy OKB with fiat utilizing VISA playing cards, SEPA and SWIFT. Different notable exchanges providing OKB paired buying and selling devices are Bitmax, Bitfinex and BiKi.
The record of companions providing storage help and pockets providers for OKB consists of the likes of Blocto – a Taiwanese contract pockets; Cool Pockets – world {hardware} pockets; Hoo’s Pockets—public chain and asset cloud wallets, Ledger Vault, Bitpie, Mithril, Kcash, Pocket and Cobo. OKEx additionally promoted pockets and fee answer by making a gift of Cool Pockets’s OKB pockets playing cards that can be utilized at PoS terminals.
All these developments have put OKB on the forefront, not simply throughout the OKEx ecosystem but additionally past that as a tradable digital asset. Consequently, the cryptocurrency’s efficiency in secondary markets has garnered a file return on funding of about 386% within the earlier 12 months, as per the statistics compiled by AMBCrypto.
It’s price noting that OKB holders get a variety of advantages on OKEx, which is among the largest cryptocurrency trade and buying and selling platforms providing over 400 token and futures buying and selling pairs, and buying and selling merchandise like fiat-to-token buying and selling, spot buying and selling, futures buying and selling, perpetual swap buying and selling and token gross sales underneath its Jumpstart program. Advantages embody a reduction on buying and selling charges, Jumpstart quota for brand new tokens, fee at designated retailers, precedence itemizing, and so on.
Picture by Gerd Altmann from Pixabay
