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Academy Press Room Article

OKEx’s Adopted Utility Token OKB Adds Value for Holders With Four New Partnerships

2020.07.30 OKEx Public Relations

Malta, July 28, 2020 — 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 15% 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.

END

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.

Media contact

Vivien Choi
Email: [email protected]
Telegram: @vivienchoi 

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Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involve significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.


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