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OKB is the native token of OKEx, one of the largest cryptocurrency exchanges in the world. Launched in 2018, OKB serves as a utility token on the OKEx platform, providing users with various benefits and incentives.
One of the main use cases of OKB is for trading fee discounts on the OKEx exchange. Users who hold OKB in their accounts can enjoy reduced trading fees, making it a cost-effective option for frequent traders. Additionally, OKB can be used for token sales, voting for new listings, and accessing exclusive services and products on the platform.
OKB also holds value as a digital asset, with a finite supply of 300 million tokens. This scarcity, coupled with its utility on the OKEx exchange, has contributed to its increasing value over time.
Overall, OKB plays an important role in the OKEx ecosystem, providing users with enhanced benefits and opportunities within the world of cryptocurrency.#25#