OKEx is a popular cryptocurrency exchange that offers innovative financial services in addition to a variety of tradable digital assets and currently has more than 20 million active clients from over 200 countries.
OKX 7 key point overview:
- ✔️What is OKEx
- ✔️Who created OKEx
- ✔️Features of OKEx
- The OKB coin
- How to buy OKB
- Top 3 OKB wallets
What is OKEx
👉 Not only can OKEx be used to trade in the markets of spots, futures, options, and more – but it can also be used to learn how to trade cryptocurrencies if you are a beginner.
👉 This feature is unique to OKEx, as most crypto brokers only facilitate trading activities, but OKEx has gone the extra mile by providing tutorials, guides and research to make sure all clients with all levels of experience feel included and trade responsibly.
👉 OKEx is focused on providing next-generation financial services by creating a platform that offers the full package – from trading and investing, to learning and earning!
Who created OKEx
👉 Star Xu has a Masters in Physics and he is the owner and founder of OK Group, which is a company that owns both OKEx and OKcoin.
👉 He was previously employed as an engineer at Yahoo, and then became the Chief Technology Officer of a company called DocIn.
Features of OKEx
👉 By trading and investing with OKEx, you have access to more than 400 crypto pairs, derivative trading instruments, and different order types such as limit orders, market orders, stop orders and iceberg orders.
👉 OKEx will help you diversify your crypto portfolio and offers advanced finance tools for borrowing or lending cryptocurrencies and building long-term financial wealth.
👉 You can also use OKEx’s DeFi Hub app, which allows you to connect a wallet, manage NFTs and view mining pools using the intuitive dashboard.
👉 The OKEx DeFi hub supports several protocols, including Uniswap, Maker, Compound, Aave and SushiSwap, and it can be used on the Ethereum, OKEx (OEC) and Binance Smart Chain (BSC) blockchains.
👉 OKEx also offers top-tier certified NFT collections with exclusive editions, along with NFT management and minting tools, and a dashboard that conveniently gives you access to some of the most popular play-to-earn games, including Axie Infinity, Celestial, Crypto Gladiator, Land of Strife and FarmHero.
The OKB coin
👉 The OKB utility coin is native to the OKEx exchange and there is a limited supply of 300 million tokens.
👉 OKB coins can be spent on a variety of applications for security services, financial services and utility services; and by using Dappbirds, you have access to more than 4,000 OKB-compatible dApps.
👉 OKEx offers trading fee discounts where you can save up to 40% on trading fees by holding OKB coins and it can also be used to earn passive income with the OKEx Earn program.
👉 This coin is compatible with Ledger Vault, Coinomi and Cryptohopper.
How to buy OKB
👉 Unfortunately, OKB coins cannot be mined, but most popular exchanges, such as OKEx, Gate.io and BitMart, will sell OKB.
👉 First, you must create an account with your preferred exchange and then your account needs to be funded.
👉 Once your account is funded, you can purchase OKB tokens and transfer them to your secure crypto wallet to ensure that you have full ownership of the asset.
Top 3 OKB wallets
👉 Based on research, we have compiled a list of the top 3 wallets that are compatible with the OKEx platform and suitable for storing OKB coins.
👉 Exodus is a user-friendly desktop and mobile crypto wallet that allows users to store and trade more than 150 tokens and coins using the built-in exchange.
👉 It also has a variety of dApps integrated and ready to be used directly from the app.
👉 Trust Wallet is free to download and use, and supports a total of more than 160,000 coins and digital assets.
👉 This wallet can be used to buy, sell and trade your assets, and also allows you to manage your coins directly from the wallet.
👉 Trust Wallet has improved security measures and uses private access keys, biometrics and unique pin codes to protect your account.
👉 The Ledger Nano X is a hardware wallet that can store up to 100 applications and it is possible to manage all your assets directly from the device.
👉 This wallet supports more than 1,000 cryptocurrencies and it is one of the most trusted wallets, with all your private keys stored inside the hardware wallet’s chip.
👉 This multi-functional crypto broker is trusted by over 20 million clients worldwide.
👉 Whether you are a beginner or an expert, you’ll find that OKEx has a great product offering with many different markets, thousands of dApps, an NFT marketplace with exclusive collections, and a variety of educational resources – everything you need in one place!