What is okex currency (currency issued by okex)

What is an okex coin. Editor’s note: This article is from the vernacular blockchain (ID: hellobtc), written by a poplar tree, and reprinted by the Daily Planet with authorization

According to the data of coinmarketcap, the total market value of OKEX has reached US $1 billion, exceeding the prices of Bitcoin, Ethereum and other mainstream currencies. So what is an okex coin? What digital assets is it related to? Let’s take a look together. 1. What is OKExCoin Why are there so many trading pairs What are the characteristics and characteristics of OKEX 1. Low platform costs 2. “Free” does not equal “free”

4. “Sharing economy”

5. The number of OKE releases remains constant at over 10000 According to the official website, “OKExCoin is a digital currency issued based on blockchain technology. Value exchange is carried out through on chain and non off chain methods.” From the perspective of application scenarios, users can earn OKB through OKU payment platform fees. However, due to the lack of any practical application scenarios and extremely low usage rates, most people are unable to participate. In this case, OKT needs to be entrusted to the exchange for custody in order to be circulated to the market In addition, if a project party chooses to withdraw through private or public offering due to various reasons: “I personally believe this is illegal financing,” OKEX will store the funds in this wallet and can withdraw them at any time. At the same time, the token price of this project is also determined by the exchange and will not be directly sold to other investors or third-party companies, nor will it be protected by law

Tokens issued by OKEx

According to reports, OKEx issued coins (OKB) are currently a popular type of token on the market. According to public sources, the exchange launched a new digital currency trading platform called okextoken (OKB) in 2017, which brings users, project owners, and developers together to create a decentralized application ecosystem and enable fair exchange of value According to the announcement, “OKEX” is jointly created by OK Group and the Singapore Blockchain Association, and is an open financial service infrastructure platform based on blockchain technology.