Changelly to List OKB – OKEx Crypto Exchange Utility Token

Changelly welcomes the utility token of OKEx cryptocurrency exchange, OKB, that from now on can be instantly exchanged to over 150 crypto assets.

A leading cryptocurrency exchange OKEx introduced its native token in 2018. OKB was issued by the OK Blockchain Foundation to provide token holders over 14  privileges on the OKEx exchange and access to the OKEx global ecosystem. Since OKB burned all the unissued 700 Million tokens and became the first fully circulating platform token, the buying back and burning of OKB from the secondary market each quarter has made OKB enter an inflation period. 

In 2019, OKEx announced its intention to build a public chain called OKChain based on the delegated proof-of-stake (DPoS) consensus algorithm. The company plans to migrate its token OKB to it, which is going to empower the OKChain network by sustaining the healthy ecosystem within the blockchain. 

The listing on Changelly is the next step towards strengthening OKB and achieving mass popularization of the token. This partnership increases the token’s liquidity and gives users access to quick OKB purchases.  

Changelly CEO Eric Benz reacted positively to the listing, stating:

“OKB is a big project from OKEX and it gives me great pleasure to welcome them to the Changelly family. The demand for OKB is growing and now with this newly established partnership, OKB will reach new heights leveraging Changelly customers and partners.”

About OKEx

OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.

OKEx provides hundreds of token & futures trading pairs to help traders to optimize their strategy. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Our BTC futures trade has nearly $1.5B of volume daily and is widely recognized as the gold standard for the industry.

About Changelly

Changelly is a non-custodial instant cryptocurrency exchange service that acts as an intermediary between crypto exchanges and users, giving the latter an opportunity to exchange over 150 cryptocurrencies at the best market rates. Changelly offers its API and a customizable payment widget to any crypto service that wishes to broaden its audience and implement new exchange options.

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