As 2019 came to an end, we’re ushered into a new decade with the enhanced OKB ecosystem.

In December 2019, we collaborated with 5 partners to introduce more applications for OKB. On top of these, we also had OKB listed on Indodax, the largest Indonesian crypto exchange, opening up a new OKB purchasing channel for Indonesian Rupiah (IDR). In celebration of the partnerships, we organized four promotions for our users. Also, OKB was also bought back and burnt for the sixth time, further offsetting its inflation and consolidating its value.

The OKB ecosystem is continuously expanding its global coverage. As of today, OKB has partnered with 29 partners from various countries and areas around the world, including the US, the UK, Germany, Korea, Japan, Russia, Singapore, and Indonesia, etc., covering multiple applications from payment, trading, online apps, blockchain wallets, loan and lending, to technology security, travel, lifestyle, entertainment, social, digital contracts, O2O, etc.

1. Introducing Five New Ecosystem Partners

In December 2019, OKB has formed partnerships with five businesses in the financial and application industries, covering blockchain wallet, social platform, payment, e-contracts, C2C, etc.

On Dec 3, 2019, OKB partnered with FirmaChain, a blockchain-based e-contract platform for customers to purchase services on FirmaChain with OKB.

On Dec 13, 2019, OKB partnered with Dapp Pocket to enable payment in OKB for its wallet services.

On Dec 16, 2019, OKB partnered with BiYong, a blockchain social media platform, for OKB users to pay for services and send red packets in OKB.

On Dec 18, 2019, OKB partnered with Cercle, an international C2C business platform to allow users to pay for offline services with OKB.

On Dec 23, 2019, OKB partnered with Alchemy, a leading cryptocurrency payment technology provider in Singapore, to let OKB users pay with OKB using their hybrid fiat and crypto payment systems globally.

With the support from various communities, OKB has partnered with 29 partners from various countries and areas around the world, including the US, the UK, Germany, Korea, Japan, Russia, Singapore, Indonesia, etc., covering multiple applications from payment to trading, online apps, blockchain wallets, loan and lending, technology security, travel, lifestyle, entertainment, social, digital contracts, C2C, etc. We will continue to expand the OKB ecosystem to develop more OKB applications for our users, and enhance the value of OKB.

2. OKB Now Listed on the Largest Indonesian Digital Asset Exchange Indodax

Apart from listing on Korean exchanges Probit and Bitsonic, OKB is now also listed on Indodax, the largest Indonesian cryptocurrency exchange on Dec 10, 2019, opening a new fiat trading channel of Indonesian Rupiah (IDR) for OKB.

In just under 24 hours, the trading volume of OKB has continued to increase on Indodax, thanks to the massive support from the Indonesian community. We have therefore organized a sharing session to help customers answer their burning questions, gather suggestions and exchange different ideas.

Today, OKB is listed on OKEx C2C market, Bitfinex, ALINIEX and Bvnex (two of the largest exchanges in Vietnam), Probit and Bitsonic (two of the largest Korean exchanges) and Indodax, offering a total of 7 C2C trading channels that accept USD, Vietnamese Dong, Korean Won, Indonesian Rupiah, etc.

Expanding its global coverage has always been the top priority of the OKB ecosystem. We will focus more on the international development of OKB, so that users worldwide can all enjoy the benefits it brings.

3. Serving Over 1,000,000 Community Users Worldwide

As we grow the OKB ecosystem, we are sharing the joy with the community.

On Dec 11, 2019, to celebrate OKB entering the Indonesia market, we organized a meetup and some promotions with Indodax to help users familiarize themselves with OKB and the OKEx trading platform, and we gave out 4,000 OKB bonus to the community.

On Dec 17, 2019, we joined hands with BiYong to discuss OKB ecosystem development and the OKB buy-back and burn scheme with our users, and we received a lot of great ideas and suggestions.

Just before Christmas, we asked the community to create fun videos about OKB applications and users from the US, Russia, Korea, and Japan, etc. to share their experience with OKB, including using Ledger wallet to store OKB, subscribing BitTorrent services with OKB, and shopping on Cryptomall with OKB, etc.

4. The 6th OKB Buy-back & Burn: 5,945,273.91 OKB Burnt

We have completed the 6th OKB buy-back and burn scheme this month and 5,945,273.91 OKB was burnt. Since May 4, 2019, the OKB buy-back and burn scheme has already burnt a total of 13,978,364.45 OKB, which is 4.7% of the total circulating amount (300,000,000 OKB).

We will continue to perfect the buy-back and burn scheme with suggestions from OKB users, so that all OKB supporters can enjoy the benefits bring from reducing the total OKB circulation in the market.

Please let us know your suggestions and feedback so that we can perfect the OKB ecosystem for you! Tell us what you think at okb@okex.com.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

OKEx Blog

World’s Largest Spot & Futures Cryptocurrency Exchange

OKEx

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OKEx

Buy & sell Bitcoin, Ethereum and more at the world’s largest spot & futures cryptocurrency exchange. http://www.okex.com

OKEx Blog

OKEx Blog

World’s Largest Spot & Futures Cryptocurrency Exchange

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