What is OKB? How to Trade OKB on MEXC?

Summary:

As the core platform token of the OKX ecosystem, OKB plays a significant role in trading fee discounts, platform governance, and more. On August 13, 2025, after its economic model upgrade, MEXC market data showed OKB surged to 218 USDT, setting a new all-time high.

Key Points:

• On August 13, 2025, OKB’s economic model underwent a significant upgrade.
• MEXC market data indicates that following this announcement, OKB rose to 218 USDT, setting a new all-time high.

OKB is the platform token issued by the globally renowned cryptocurrency exchange OKX (formerly OKEx). As the core of the OKX ecosystem, OKB not only plays an important role in trading fee discounts and platform governance but also serves as a crucial link connecting various OKX services. This article will comprehensively analyze the technical characteristics of OKB, application scenarios, and trading strategies on the MEXC exchange.

1. Overview of OKB Basic Information

On August 13, 2025, OKX exchange announced an important upgrade toOKBthe economic model, which mainly includes:

• One-time burn of historical buybacks and reserved OKB 65,256,712.097 tokens

OKX will conduct a one-time destruction of historical buybacks and the reserved 652,000 OKB and will automatically destroy all OKB transferred to the black hole address using smart contracts. After this operation, the total issuance of OKB will be fixed at 21 million tokens.

• OKB chain switch

OKB (Ethereum L1 version) will gradually cease to be used. Holders need to recharge Ethereum L1 OKB to the OKX exchange and use the ‘Withdraw to X Layer’ feature to complete the one-click chain switch.

The specific implementation schedule is as follows:

On August 13, 2025, at 2:10 PM (UTC+8), OKT will stop trading on OKX, while OKTChain will continue to produce blocks and process on-chain transactions.

On August 13, 2025, at 3:00 PM (UTC+8), OKX will stop withdrawals of OKB to ETH L1.

On August 15, 2025, at 10:00 AM (UTC+8), the platform will automatically convert OKT in user accounts to OKB according to the rules.

On August 15, 2025, at 2:00 PM (UTC+8), a one-time burn of X OKB will occur, and a smart contract will be called for on-chain destruction.

On August 18, 2025, at 2:00 PM (UTC+8), the OKB Smart Contract will be upgraded to remove the functions of issuance increase and destruction.

Therefore, the latest basic information on OKB is as follows:

Token Name: OKB Token Nature: X Layer exclusive Gas and Native Token Issuing Public Chain: X Layer Total Supply: 21,000,000 OKB Circulating Supply: 21,000,000 OKB Issue Date: 2018

2. How to Trade OKB on MEXC: A Complete Guide

MEXCAs a leading global digital asset trading platform, it offers secure and convenient OKB trading services:

2.1 Registration and Account Setup

Step 1: Account Registration

1. Visit the MEXC official website (mexc.com)
2. Click the ‘Register’ button
3. Enter your email or phone number
4. Set a security password
5. Complete email/SMS verification

Step 2: Identity Verification (KYC)

Basic verification requirements:

• Upload identification document
• Fill in personal information
• Face recognition verification
• Address proof document

Advanced verification benefits:

• Higher withdrawal limits
• Priority customer service
• Access to advanced features

Step 3: Security Settings

• Enable two-factor authentication (2FA)
• Set a fund password
• Bind a secure email
• Configure withdrawal address whitelist

2.2 Detailed Steps to Recharge OKB on MEXC

What are the supported recharge methods on MEXC?

• Cryptocurrency recharge

Steps to follow:

1. Log into your MEXC account
2. Go to the ‘Wallet’ page
3. Select the ‘Recharge’ function
4. Search for and select ‘OKB’
5. Choose a recharge network (ERC-20/OKC, etc.)
6. Copy the recharge address
7. Transfer OKB from an external wallet
8. Wait for network confirmation

• Exchange for other tokens

1. Use stablecoins like USDT for exchanges
2. Purchase via mainstream coins like BTC/ETH
3. Use the one-click exchange function

2.3 OKB Spot Trading Strategies on MEXC

MEXC has now launchedthe OKB/USDT spot trading pair,which has the best liquidity, suitable for large transactions.

What are the characteristics of different order types when trading OKB spot on MEXC?

1. Market Order Trading Strategy

• Immediate Execution
• Suitable for quick entry and exit
• Focus on slippage control
• Large amounts executed in batches

2. Limit Order Strategy

• Place orders flexibly based on your judgment
• Lower fees, enjoy0 fee rate
• Low slippage, lower holding costs

3. Stop Loss and Take Profit Settings

• Stop loss ratio: -5% to -10%
• Take profit target: +15% to +25%
• Trailing stop loss: Adjust with rising prices
• Batch take profit: Reduce risk

2.4 Trading Strategy for OKB Contracts on MEXC

August 13, 2025, 17:30 (UTC+8),MEXCofficially launchedOKBUSDT Perpetual Contract, providing users with more options for trading OKB.

Features of MEXC’s OKBUSDT Perpetual Contract:

• No expiration time limit
• Supports long and short trades
• Supports 1-25x leverage, adjustable at will

2.5 How to effectively implement risk management strategies for OKBUSDT perpetual contracts?

Position Management:

• Single opening not exceeding 10% of total funds
• Maximum leverage used not exceeding 10x
• Set a mandatory stop-loss position
• Maintain sufficient margin

Capital Management:

• Diversified investment portfolio
• Reserve emergency funds
• Regular profit withdrawal
• Avoid excessive leverage

Portfolio diversification

Asset allocation recommendations:

• OKB allocation: 5-15% of total portfolio
• Mainstream cryptocurrencies:BTC、ETHaccounting for 60-70%
• Stablecoins: maintain 20-30% cash equivalents
• Other tokens: no more than 10%

3. What technical analysis techniques can be used for trading OKB on MEXC?

3.1 Key Technical Indicators

• Moving Averages: MA20, MA50, MA200
• Relative Strength Index: RSI(14)
• MACD Indicator: Trend Confirmation
• Bollinger Bands: Volatility Analysis

3.2 Support and Resistance Level Identification

Major support levels:

• Historical transaction density regions
• Previous significant lows
• Psychological round numbers
• Technical indicator support

Key resistance levels:

• Previous high point positions
• Important round numbers
• Moving averages resistance
• Concentrated transaction volume areas

Through learning and practicing this guide, investors will better understand the investment value of OKB and master trading skills on the MEXC exchange, achieving better results in cryptocurrency investment.

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