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OKEx's Adopted Utility Token OKB Adds Value for Holders with Four New Partnerships
  • USA - English

LOGO (PRNewsfoto/OK Blockchain Capital)

News provided by

OKEx

Jul 30, 2020, 23:37 ET

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VALLETTA, Malta, July 30, 2020 /PRNewswire/ -- OKB, the global utility token adopted by OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has added four new partnerships to provide increased value for OKB holders. Beyond discounted fees and preferential access to high-quality Jumpstart projects, OKB holders can now glean even more real-world utility using OKB at more than 70 designated merchants and service providers.

The latest partnerships include the well-known trading bot platforms HaasOnline and Cryptohopper, where OKB holders can earn a one-time passive income with interest as well as discounted service fees on both platforms. With the most advanced crypto trading bots available, OKB holders can also automate their trading strategies based on more than 130 technical indicators and candle patterns.

OKB has also formally joined forces with its first smart contract platform, MyWish, to accept its token as payment. MyWish makes smart contracts more accessible to OKB holders who can use OKEx's adopted token as a payment tool for services on the platform. 

Finally, the popular decentralized exchange Saturn Network has listed the OKB token on its DEX, allowing OKB holders to take part in the growing DeFi ecosystem as well as trade and swap OKB with other cryptocurrencies on Saturn Network with their wallet.

"Growing the OKB ecosystem is essential in gaining a high degree of its utility," said OKEx CEO Jay Hao.

"OKB is a true global utility token and, as it continues to forge new partnerships, it provides its holders with even more real-world utility and ways to spend it outside of the OKEx exchange."

So far, OKB has a total of more than 70 global partners providing high-quality services, including payments, trading platforms, wallets, financial services and lifestyle.

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading - including futures, perpetual swap and options - of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

SOURCE OKEx

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