OKB is a utility token that was launched by OKEx in early 2018. It serves as the native cryptocurrency of the OKEx exchange and offers a range of benefits and utilities for users. OKB operates on the Ethereum blockchain and is ERC-20 compliant.

One of the key functions of OKB is to provide discounts on trading fees for users who hold and use the token on the OKEx platform. The more OKB tokens a user holds, the greater the discount they can receive on trading fees. Additionally, OKB can be used to participate in various token sales, as well as to access exclusive services and features on the OKEx exchange.

Overall, OKB plays a vital role in the OKEx ecosystem, offering users enhanced benefits and utilities. As cryptocurrency exchanges continue to evolve, the importance of utility tokens like OKB is likely to increase in the future.#25#