OKB (OKB), the native token of the OKEX exchange, has seen a decent surge in price after the platform announced a sponsorship deal with English football champions Manchester City. The deal, which is said to be worth millions of dollars, is expected to last several years. Here is what we know:

• OKEX promotional materials will appear on men and women Man City teams.

• OKB surged shortly after the news but has lost some of those gains.

• The coin was trading at around $17.59 at press time.

Data Source: Tradingview.com

OKB (OKB) – What does the Manchester City deal mean

Over the last few months, global crypto exchanges have been stepping up their partnership with sports entities. Crypto.com made headlines with a slew of partnerships with major US franchises, and Coinbase was the first exchange to air an ad during the Superbowl. 

OKEX is also following the same moves in a bid to bring in more users to the platform. This can only be good news for the OKB token. However, despite the small surge in response to this news, we still expect OKB to remain very volatile. 

In fact, even after surging shortly after the news, OKB fell sharply once more and was trading at $17.59. But the deal with Manchester City is a big deal. It will bring a lot of visibility and brand recognition for OKX.

Should you buy OKB?

Well, exchange tokens are often not the most popular investment option for crypto investors. But in case you are looking for a token that offers real utility, then OKB is a great option. 

Besides, OKEX is now one of the biggest exchanges in the world. As the platform continues to get strong visibility with deals like the Man City one, OKB will grow further. Therefore, it is something truly worth buying, especially right now that it has dipped significantly.

Odin is a platform with a variety of features that will appeal to a wide range of traders. New traders will enjoy learning and acquiring expertise from more experienced traders; algorithmic traders will have a chance to host their bots that are easy to develop without coding requirements. Odin will also provide other capabilities that will include targeting a specific audience, monetizing content, copy trading, personal landing pages, and much more.

Partnerships Brewing With Cardano & OKEx

Odin has been busy lately forging partnerships with strategic significance to the project and the efficiency of the protocol. Odin’s plans to make the trading functionality of the protocol as streamlined and smooth as possible, have led to the partnership with OKEx and Cardano which will provide multiple benefits for the users on the Odin platform.

By partnering with OKEx, users will be able to use more advanced trading options, such as spot, margin, and futures trading. They can also trade options on OKEx DEX, which provides them with new options in the decentralized markets.

Partnership with Cardano transferred Odin into a multichain platform and boosted its performance, security, and reliability. Multichain usage ensures network scalability as a private protocol by limiting the data exchanged every block, reducing irrelevant data, and enhancing transaction speed.

Cardano (ADA) is a low-fee blockchain that can handle transactions and smart contracts without a lot of overhead. Its dual-layer architecture separates computing tasks from settlement procedures, allowing each layer to handle the increased workload.

Currently, the blockchain can sustain up to a whopping 1 million transactions per second (TSP); Visa and Mastercard can sustain about 5000 transactions per second (TSP), making Cardano (ADA) ready for mass adoption and implementation.

About OKEx

OKEx is an innovative cryptocurrency exchange with advanced financial services. The exchange relies on blockchain technology to provide everything users need for wise trading and investment.

Users can enjoy hundreds of tokens and trading pairs; serving millions of users in over 100 countries. OKEx provides spot, margin, options, and perpetual swaps, DeFi, lending, and mining services.

Visit Odin to learn more about the project and its detailed features.

Disclaimer: This is a paid post and should not be treated as news/advice.

Odin is a platform with a variety of features that will appeal to a wide range of traders. New traders will enjoy learning and acquiring expertise from more experienced traders; algorithmic traders will have a chance to host their bots that are easy to develop without coding requirements. Odin will also provide other capabilities that will include targeting a specific audience, monetizing content, copy trading, personal landing pages, and much more.

Partnerships Brewing With Cardano & OKEx

Odin has been busy lately forging partnerships with strategic significance to the project and the efficiency of the protocol. Odin’s plans to make the trading functionality of the protocol as streamlined and smooth as possible, have led to the partnership with OKEx and Cardano which will provide multiple benefits for the users on the Odin platform.

By partnering with OKEx, users will be able to use more advanced trading options, such as spot, margin, and futures trading. They can also trade options on OKEx DEX, which provides them with new options in the decentralized markets.

Partnership with Cardano transferred Odin into a multichain platform and boosted its performance, security, and reliability. Multichain usage ensures network scalability as a private protocol by limiting the data exchanged every block, reducing irrelevant data, and enhancing transaction speed.

Cardano (ADA) is a low-fee blockchain that can handle transactions and smart contracts without a lot of overhead. Its dual-layer architecture separates computing tasks from settlement procedures, allowing each layer to handle the increased workload. Currently, the blockchain can sustain up to a whopping 1 million transactions per second (TSP); Visa and Mastercard can sustain about 5000 transactions per second (TSP), making Cardano (ADA) ready for mass adoption and implementation.

About OKEx

OKEx is an innovative cryptocurrency exchange with advanced financial services. The exchange relies on blockchain technology to provide everything users need for wise trading and investment.

Users can enjoy hundreds of tokens and trading pairs; serving millions of users in over 100 countries. OKEx provides spot, margin, options, and perpetual swaps, DeFi, lending, and mining services.

Visit Odin to learn more about the project and its detailed features.