The price of OKB the token of OkEx was trading at $5.89 on January 24th, 2021 now the remarkable token has risen to $16.59 as of today April 19, 2021.
OKB (OKB) is a cryptocurrency and operates on the Ethereum platform. OKB has a current supply of 300,000,000 with 60,000,000 in circulation.
OKB is the native crypto exchange token of OKEx that automatically gives discounts on trading fees, and more. Furthermore, I the technology be used to pay transaction fees on the OKChain blockchain as well as decentralized exchange OKDEX.
OKEx Crypto Currency Exchange burn OKB tokens regularly to reduce supply.
This boosts the trust and encourages you to hold tokens. They use 30% of the income from OKEx spot trading fees to buy back OKB from the 300 million in circulating supply.
Every 3 months, OKEx burn tokens by sending them to a burning address that nobody can access. You can check reports after each burning.
But last but not least, we predict the price of OKB Token to be around 31.53 to 37.22 at the end of 2021
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