What is OK’s native token (OKex’s native token price)?

What is OK’s native token? According to official sources, OK Coin is a decentralized digital asset based on blockchain technology issued by OEC. The platform token of this platform is the native token on OKExChain. Since the start of mining on May 1, 2018, user rights, transaction fees, and operating expenses have been invested in the project through the issuance of its ecosystem token and are destroyed, achieving 100% fund recovery.

It is understood that since its establishment, OKEx has received millions of US dollars in investments from over 200 countries worldwide. By the end of 2018, the platform had raised a total of 400 million US dollars.

OKex’s native token price

This afternoon, OKEx announced the issuance of the platform token OKB. Currently, it has launched spot trading pairs of mainstream digital currencies such as BTC and ETH, as well as leverage loans and decentralized financial products, and has opened USDT and DAI trading markets.

It is reported that OKEx is a financial service institution that focuses on the blockchain industry. It provides various types of services, including OTC lending, OTC trading services, and fund management services. In traditional finance, users purchase goods and services through assets in their accounts or other forms of cash flow. However, in the field of digital currencies, due to the lack of intermediaries, investors are prone to significant investment losses.

From public information, “OKB,” also known as “Europe Easy OKX,” is an ERC20 token issued on the Ethereum network. The total supply is a constant 1 billion tokens, of which 100 million tokens are in early circulation (accounting for about 20% of the circulation), and every four years thereafter, a portion will be released until all are unlocked. The remaining 200 million tokens will be gradually distributed to community members within four years until fully released.