Discover how to buy OKB (OKB) on an exchange you can trust

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
OKB (OKB) is currently at
$104.74
$0.070000 (+0.07%)
4.7
Last updated on --.

How can I buy OKB on OKX?

Whether you're new to crypto or an experienced trader, you can buy OKB using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose OKB
Select OKB and buy using your chosen method.
Step four
Receive your OKB
Confirm your purchase and store your OKB in your portfolio.

What's OKB?

OKB is a digital token used within the OKX ecosystem. Imagine it like a special ticket that lets you access various features and services on OKX. It helps make transactions smoother and can be used for discounts on trading fees, voting on decisions, and more. OKB exists to enhance user experience and streamline operations within the OKX platform, solving the problem of high transaction costs and limited access to platform benefits.

How can I buy OKB?

1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Provide your email and set a password. 2) Verify your identity with KYC by uploading necessary documents. 3) Fund your account using a bank transfer, credit card, or other local payment methods like PayPal. 4) Navigate to the 'Buy Crypto' section, select OKB, enter the amount, and confirm your purchase. Follow the prompts to complete the transaction.

Why do people buy OKB?

People buy OKB for its practical benefits within the OKX ecosystem. It offers reduced trading fees, access to exclusive services, and voting rights on platform decisions. OKB is widely adopted in the crypto industry, enhancing user experience and providing utility beyond mere trading. It supports a robust ecosystem, making it a valuable tool for those engaged with OKX's services.

Things to know before buying OKB in the United States

In the United States, cryptocurrencies like OKB are legal but regulated. Users must complete KYC/AML verification to comply with laws. Tax implications include reporting capital gains or losses when selling or trading OKB. Income from staking or rewards may be taxable. It's important to consult a tax professional to understand specific obligations and ensure compliance with IRS regulations.

What are other ways to own OKB?

Besides buying, users can obtain OKB through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward educational engagement. Staking OKB or providing liquidity can earn rewards, but these require holding tokens and understanding network risks. Task-based programs, like referrals, offer OKB for completing specific actions, requiring minimal effort but understanding terms.

How can I store my OKB?

To prevent loss or theft, store OKB securely. Custodial wallets, managed by platforms like OKX, offer convenience but less control. Non-custodial wallets give you full control but require careful management. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and use proof of reserves to ensure security. Choose storage based on your comfort with security and convenience.

Why should I buy OKB on OKX?

Learn more about the security measures keeping your OKB safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
Why should I buy OKB on OKX?
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Why should I buy OKB on OKX?
Sign up

How to get OKB for free

Invite friends, earn rewards
See how you can get free OKB when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your OKB grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free OKB airdropped to you when you join campaigns.

How to buy OKB (OKB) FAQ

Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy OKB OKB safely on a trusted exchange like OKX.
Choose the best exchange to buy OKB (OKB) depending on your individual needs. Factors to consider when picking the best place to buy OKB (OKB) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping OKB. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell OKB (OKB), as well as fiat withdrawal options.
This depends on the method you use to convert OKB (OKB) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.

Disclaimer

This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.

You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.