Rickysfundamentals
4 min readJul 8, 2019

OKB OKEX TOKEN

Part 1: brief

🚫 please be advised that this is not investment advice. You must read and understand the following disclaimer before continuing. https://pdfhost.io/v/9AehF1kdW_Legal_disclaimerpdf.pdf

OKB (OKB)

Okex utility token

📊Market index:
📈$1.91 USD 
📉0.00016686 BTC 
📉0.00624332 ETH 
📊Volume (24h)
📈$75,352,581 USD 
📉6,593 BTC 
📉246,703 ETH

📊 All time high: $5.42
📊 All time high date: 2018-06-19
📊 launch date:
April 28, 2018
📊 Okb as erc20 launch date:
April 29, 2019

okb is the native token of okex.
https://support.okex.com/hc/en-us/articles/360002702351-Learn-More-About-OKB

review:

https://www.fxempire.com/crypto/exchange/okex/review
____________________________

Okb launch:
https://support.okex.com/hc/en-us/articles/360027426172-OKB-ERC20-Launch-Coin-Burn-Proposal

ℹ okb value april 30 2019:
1.58$
____________________________

okex blockchain and dex:
tiny.cc/qetd9y

tiny.cc/wdtd9y
____________________________

Okex expansions:

▪︎OKEx, Top Crypto Exchange, Expands Fiat-to-token Trading to European Markets with Euro, Lira and Ruble
tiny.cc/7ctd9y

tiny.cc/9btd9y

Okex stablecoin:
tiny.cc/jbtd9y

Okex cross chain recovery:
https://finance.yahoo.com/amphtml/news/okex-announces-fiat-token-european-080154522.html

Bitfinex:
https://www.google.com/amp/s/cointelegraph.com/news/bitfinex-announces-adds-support-for-okex-exchange-token/amp
____________________________

📊 Okex investors:

▪︎Founded in 2014, OKEx has gained millions of dollars worth of investments from leading enterprises including but not limited to:

VenturesLab (co-founded by Tim Draper, who also invested in leading companies like Hotmail, Baidu and Tesla)

Ceyuan Ventures (Founded by Bo Feng)

Giant Network Group (founded by Yuzhu Shi)

Longling Capital (founded by the Chairman of Meitu Inc., Wensheng Cai)

Qianhe Capital Management (founded by Yawei Wang)

eLong Inc. (founded by Yue Tang)
____________________________

🚫 Okex drama:

▪︎2017 hack:
tiny.cc/79sd9y

▪︎market manipulation:
tiny.cc/f9sd9y

▪︎fake volume:
tiny.cc/08sd9y

▪︎futures contracts 24 mill$
tiny.cc/t7sd9y

▪︎fraud:
tiny.cc/n8td9y
(They have since left and relocated to malta)

▪︎several reported withdrawl issues.
____________________________

🎱 The point of all this lol:

▪︎okb token
▪︎if we look beyond the controversy, okex has a presence, liquidity, a name, an influential team, mass listings, experience.
▪︎if okex manages to establish a new level of confidence and a more transparent cycle of operations, they are in position as we speak to continue growth and attract international users, potentially resulting in a more pronounced dominance in the exchange race.
▪︎if said re-established confidence were to be obtained, i would view their native token, okb as a token with a moderate to above average future potential in terms of growth, increased utility, increase in market value and exposure.
▪︎i have had very positive results with multiple native exchange tokens over time:
- bnb (beyond good, swing, mid, long term)
- btmx (1 incredible swing)
- ht (swings and mid term)
- kcs (swings and mid term)
- bix (swings)
- coni (swings)

📈 all that to say that if okex corrects certain distinctive bumps in their prior path, i will consider okb token as an investment and i will reserve moderately medium expectations in regards to its expected performance.
⚠️ so i am watching okex and okb as of NOW.

$OKB
$OKEX

Rickysfundamentals

Rickys fundamentals is a free fundamentals insight platform that is passionate about all things crypto. Come join our channels https://t.me/rickysfundamentals