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Open Exchange Token

Open Exchange Token priceOX

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OX
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1 OX = 0.01090 USD
Last updated 2024-05-20 09:43:39(UTC-0)

Open Exchange Token price live data summary

The live price of Open Exchange Token is $0.01090 per (OX / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $35,999.38 USD. OX to USD price is updated in real time. Open Exchange Token is -31.53% in the last 24 hours. It has a circulating supply of 0 .

What is the highest price of OX?

OX has an all-time high (ATH) of $0.08124, recorded on 2023-08-09.

What is the lowest price of OX?

OX has an all-time low (ATL) of $0.004010, recorded on 2024-03-24.

Open Exchange Token price prediction

Set your prediction

What will the price of OX be in 2025?

Based on OX's historical price performance prediction model, the price of OX is projected to reach $0.01611 in 2025.

What will the price of OX be in 2030?

In 2030, the OX price is expected to rise by +3.00%. By the end of 2030, the OX price is projected to reach $0.03571, with a cumulative ROI of +227.68%.
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Open Exchange Token price performance in USD

24h7d30d90d1yAll-time
-31.53%-21.54%-15.68%+9.17%----

Open Exchange Token price history in USD

TimeLowHigh
24h$0.01050$0.01594
7d$0.01050$0.01610
30d$0.01027$0.01610
90d$0.004010$0.01880
1y$0.004010$0.08124
All-time$0.004010(2024-03-24, 57 days ago )$0.08124(2023-08-09, 285 days ago )

Open Exchange Token market information

Market cap
--
-31.53%
Fully diluted market cap
$107,448,027.36
-31.53%
Volume (24h)
$35,999.38
+26.46%
Market rankings
Circulation rate
0.00%
24h volume / market cap
0
Circulating supply
0 OX
Total supply / Max supply
9.86B OX
-- OX

Open Exchange Token ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Open Exchange Token(OX)

What Is Open Exchange Token?

Open Exchange Token is the main token of the Open Exchange ecosystem. The Open Exchange, known as OPNX, facilitates the trading of crypto spot, derivatives, and claims on public order books. Launched in April 2023, this exchange aims to set a new benchmark for transparency and accessibility in the financial world, catering to traders and investors seeking a reliable and fair trading environment.

The uniqueness of OPNX lies in its introduction of tokenized claims trading on order books, a feature not seen in other exchanges. This allows these claims to be used as collateral for trading crypto futures, thereby enhancing the flexibility and potential of trading strategies. OPNX's history is marked by significant milestones, such as the launch of its token, OX, and the introduction of a staking and governance platform called The Herd, further expanding its ecosystem.

Resources

Whitepaper: https://opnx.com/en/ox/whitepaper

Official Website: https://opnx.com/

How Does Open Exchange Token Work?

Open Exchange Token, or OX, introduces a staking fee discount model that aligns the exchange's interests with those of its traders. This model is democratic, adjusts dynamically, and fosters a balanced relationship between the exchange and its users. The tokenomics of OX are designed to encourage both trading and staking, with a capped supply of 9.86 billion OX, ensuring scarcity and value.

Traders who stake OX tokens can receive up to 100% rebates on trading fees, depending on their staked tokens' proportion to their trading volume. This system is equitable and transparent, removing the need for frequent adjustments. For example, a trader receives a 100% trading fee rebate if their staked OX percentage equals or exceeds their trading volume percentage. This incentivizes traders to stake OX for free trading and encourages OX holders to stake and trade to fully utilize their holdings' value.

What Is OX Token?

OX is the primary token of the Open Exchange Token platform. It revolutionizes traditional exchange models with a staking fee discount system that is both democratic and adaptable. This model redefines the relationship between traders and the exchange, positioning traders as essential partners. By staking enough OX, traders can secure lifelong free trading, distinguishing OX from other tokens.

Additionally, the OX token is vital for governance within The Herd. Here, users staking OX can engage in decision-making processes, such as voting on changes to exchange variables like fees and coin listings. This governance aspect empowers OX holders to influence OPNX's future direction, aligning with the principles of open markets, transparency, and the tokenization of real-world assets.

What Determines Open Exchange Token’s Price?

The price of Open Exchange Token (OX) is influenced by a complex interplay of factors typical in the cryptocurrency and blockchain markets. Key among these is market demand and supply dynamics, which are directly impacted by the token's utility, scarcity, and the overall performance of the crypto market. OX's unique value proposition, stemming from its role in the Open Ecosystem, particularly in facilitating reduced trading fees and governance participation, significantly drives its demand. Additionally, the capped supply of OX tokens at 9.86 billion introduces a scarcity factor, often leading to increased value as demand rises. Investor sentiment, often swayed by broader market trends and news about the token or related blockchain technology, also plays a crucial role. This sentiment is frequently reflected in historical charts and price prediction models, which traders and investors closely monitor to gauge market trends and potential future performance of OX.

Furthermore, the integration of OX in real-world asset tokenization and its governance model within The Herd adds layers of intrinsic value, influencing its market price. As the cryptocurrency market evolves, factors such as regulatory changes, technological advancements within the Open Ecosystem, and the overall adoption rate of blockchain technology can significantly impact OX's price. The token's performance on cryptocurrency exchanges, visible through trading volume and liquidity, provides investors with critical insights. These insights, often analyzed through historical price charts and advanced blockchain analytics, enable a deeper understanding of OX's market behavior. As with any cryptocurrency, potential investors are advised to conduct thorough research and consider market volatility, leveraging resources like historical data and price prediction models to make informed decisions about OX.

For those interested in investing or trading Open Exchange Token, one might wonder: Where to buy OX? You can purchase OX on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Open Exchange Token (OX)

Buying Open Exchange Token on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Open Exchange Token (OX) .

Trade OX perpetual futures

After having successfully signed up on Bitget and purchased USDT or OX tokens, you can start trading derivatives, including OX futures and margin trading to increase your income.

The current price of OX is $0.01090, with a 24h price change of -31.53%. Traders can profit by either going long or short onOX futures.

Join OX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or OX tokens, you can also start copy trading by following elite traders.

Open Exchange Token news

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Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

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The latest update you need to know about Friend.tech

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People are also inquiring about the price of Open Exchange Token.

What is the current price of Open Exchange Token?

We update our Open Exchange Token to USD price in real time. Get the live Price of Open Exchange Token on Bitget.

What is the 24 hour trading volume of Open Exchange Token?

Over the last 24 hours, the trading volume of Open Exchange Token is $35,999.38.

What is the all-time high of Open Exchange Token?

The all-time high of Open Exchange Token is $0.08124. This all-time high is highest price for Open Exchange Token since it was launched.

Can I buy Open Exchange Token on Bitget?

Yes, Open Exchange Token is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Open Exchange Token guide.

Can I get a steady income from investing in Open Exchange Token?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Open Exchange Token with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Open Exchange Token online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Open Exchange Token, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Open Exchange Token purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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OX is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support OX trades.
You can trade OX on Bitget.

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