What Is Okex (OKB)
OKEx is an innovative cryptocurrency exchange with advanced financial services. They rely on blockchain technology to provide everything you need for wise trading and investment. Enjoy hundreds of tokens and trading pairs. With OKEx, you can join one of the leading crypto exchanges by trading volume. We’re serving millions of users in over 100 countries. The BTC futures trading volume is $1.5 billion daily. Apart from futures, we’re providing spot, margin, options, and perpetual swaps, DeFi, lending, and mining services.
Important Points Table Of OKEx
| Basic | Points |
|---|---|
| Coin Name | OKEx |
| Short Name | OKEB |
| Total Supply | 300,000,000 |
| Explorer | Click Here To View |
| Source | Click Here To View |
| Website | Click Here To Visit |
How to Buy the Okex(OKB) Coin & Trade On Exchange?
Adaptive state sharding
Trading Fees
OKEx trading fees are different for regular and VIP users. Regular users are divided into tiers by total OKB holding. VIP users are divided by 30-day trading volume. Tiers update daily. You always get trading fees of the highest tier among all markets. Let’s say, your 30-day trading volume for spot is 10,000,000 USD (tier VIP 2), volume for futures is 200,000,000 USD (VIP 3), and volume for options is 5,000,000 USD (VIP 1). Hence, your tier would be VIP 3 for spot, futures, options, and perpetual swaps. It means that you’d get trading fees of this tier for all markets.
Crypto All trading pairs with these base currencies have the corresponding trading fees. For example, fees for BTC/USDT are from Class A and fees for USDT/BTC are from Class B.BTC ETH Regular users.
| Tier |
|---|
| Lv 1 |
| Lv 2 |
| Lv 3 |
| Lv 4 |
| Lv 5 |
| Total OKB holding | 30-day trading volume(USD) | Maker fee | Taker fee | 24h withdrawal limit (BTC) |
|---|---|---|---|---|
| < 500 | < 5,000,000 | 0.080% | 0.100% | 500 |
| ≥ 500 | < 5,000,000 | 0.075% | 0.095% | 500 |
| ≥ 1,000 | < 5,000,000 | 0.070% | 0.090% | 500 |
| ≥ 1,500 | < 5,000,000 | 0.065% | 0.085% | 500 |
| ≥ 2,000 | < 5,000,000 | 0.060% | 0.080% | 500 |
30-day trading volume (USD)
OKEx record transactions in BTC equivalent according to current prices. Every 24 hours, at 16:00 UTC, they convert your total trading volume to USD according to the average price, which is the halved sum of open and close prices. Let’s say, you traded OMG, XUC, BTC, LTC, and BCH. In this case, they recorded transactions in BTC at the moment of each trade. At 16:00 UTC, we’ll calculate your total trading volume and convert it to USD according to the average price.
Then we’ll settle the volume at 16:00 UTC.For spot markets, they charge trading fees in base currencies. For example, if you trade BTC/USDT, they charge trading fees in BTC. But if you trade USDT/BTC, they charge fees in USDT.You can also get fee rebates from . They’re paid in the same currencies as trading fees. For example, if you trade BTC/USDT and place a BTC sell order, you can get a trading fee rebate in BTC. If another user places a BTC buy order and you fill it, you can get a rebate in USDT because another user pays trading fees in USDT for this order.
Makers and takers
Maker orders are limit orders posted to the order book before the trade itself. For example, if the BTC market price is 10,000 USDT and you create a maker order with 9,900 USDT price, this order can’t be filled immediately. Instead, it’s posted to the order book so other users can fill it. After filling, you’ll pay the maker fee and another user will pay the taker fee. The final fee can’t exceed 12.5% of the option premium.
24h withdrawal limit (BTC)
24h withdrawal limit is the maximum amount of crypto you can withdraw within 24 hours in BTC equivalent. If you want to increase your limit, just contact our customer support.Here’s an example. Let’s say, your 24h withdrawal limit is 300 BTC. After withdrawing 250 BTC, 25 BTC in OMG, and 15 BTC in XUC, you’ll have 10 BTC available to withdraw within these 24 hours. Thus, you’ll be able to withdraw 20 BTC in XRP the next day only. Alternatively, you can contact our customer support to increase your limit.24h withdrawal limits are different for different verification levels. For personal information (level 1), the limit is ≤ 200 BTC. For photo verification (level 2), it’s ≤ 500 BTC.
Mission
OKEx adopts blockchain to build the next-gen financial ecosystem. They strive to eliminate financial barriers, evolve the global economy, and change the world for better. They never stop to innovate and improve the user experience to make cryptocurrency trading and investing available for everyone.
Tech
Security is the top priority. OKEx provides a safe, reliable, and stable environment for crypto trading via web and mobile apps. They adopt global server load balancing, distributed clusters, other technologies for your protection. The products and services are always tailored to your needs and suggestions.
OKB Price
The live OKB price today is $12.98 USD with a 24-hour trading volume of $772,687,972 USD. OKB is up 1.87% in the last 24 hours. The current CoinMarketCap ranking is #91, with a live market cap of $778,651,316 USD. It has a circulating supply of 60,000,000 OKB coins and the max. supply is not available.
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