How to buy OKB (OKB) in Australia
A beginner's guide to buying and selling OKB in Australia.
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How to buy OKB
Look for an exchange that supports both fiat and cryptocurrency to simplify buying OKB.
- Open an account on an exchange that supports OKB.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy OKB.
- Buy OKB.
Complete your OKB purchase and then find the best wallet to store OKB.
What is OKB?
OKB is the native coin of the OKEx platform, which is one of the major cryptocurrency exchanges in the world that offers both fiat to crypto and crypto to crypto trading. As an OKB token holder you can enjoy rewards such as trading fee discount, voting rights and the ability to invest in crowdfunding projects on OKEx Jumpstart. Trading fee discount can be an incentive for active cryptocurrency traders who are eligible for up to 40% discount on trading fees. OKB can also be used on travel and gaming platforms, for example to book hotels on Tripio or top up mobile and fuel cards on Litex, or even upgrade to ad free file transfer on BitTorrent, a popular file transfer platform.
OKB (OKB) is the 31st largest cryptocurrency in the world by market cap, valued at $3,377,622,638. The current price of OKB is $12.64, which is 0.556% higher than yesterday. Prices have ranged between $12.78 and $11.88 over the past 24 hours. All prices are listed in US dollars and accurate as of June 21, 2021 08:06 UTC.
Where to buy OKBFind an exchange to buy, sell and trade OKB by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
OKB at a glance
|Total OKB supply||300,000,000|
|All time high||US$44.01|
|Token uses||Utility token|
OKB price performance over time
How to sell OKB
You can cash out your OKB with the same exchange you bought it through:
- Sign in to the exchange you have OKB on.
If you store your OKB in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of OKB you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of OKB.
What to consider when buying cryptocurrencyBuying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
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