ONFA

OFT Price

About ONFA (oft)

ONFA is a digital banking super app and cryptocurrency wallet designed to bridge the gap between digital assets and traditional fiat currencies.

• It offers a fully integrated Visa debit card for worldwide spending at over 60 million merchants.
• Users can access automated high-yield growth through smart savings and flexible staking options.
• The platform features institutional-grade encryption and has been security audited by CertiK.

What Is ONFA

ONFA is a comprehensive financial platform that integrates digital asset management with traditional banking tools. Its core value proposition lies in simplifying the transition between cryptocurrencies and fiat money, making digital investments more accessible to new users. The ecosystem allows value to move through a variety of services, including a P2P exchange, an AI-powered trading bot, and a dedicated NFT marketplace.

The native token, OFT, is put to work within the system to incentivize participation and secure the network. Users can utilize the token for staking, participating in the NFT-based mining mechanism, and paying for protocol service fees. As the ecosystem expands into more countries and grows its user base, the utility of OFT scales through its integration into the ONFA Visa card and global digital commerce marketplaces.

What Makes ONFA Unique

• Integrated Visa Debit Card: Unlike many standard wallets, ONFA provides a direct link to real-world spending via its Visa card, allowing for real-time conversion of digital wealth.
• NFT-Powered Mining: The platform utilizes a unique NFT mining reward mechanism with a halving schedule every 50 million tokens to manage supply and incentivize early adoption.
• Multi-Chain Architecture: OFT is deployed as a utility token across both the BNB Chain and a proprietary ONFA chain to optimize for speed and security.
• Regulatory Compliance: The project is managed by ONFA Fintech USA, which is registered with FinCEN in the United States and holds an A+ rating from the Better Business Bureau (BBB).

What Can You Use ONFA for?

• Global Payments: Users can spend their digital assets at any merchant accepting Visa, with real-time conversion and no hidden fees.
• Passive Income: The platform supports flexible staking and smart savings accounts that offer daily interest payouts.
• Digital Asset Storage: The hot wallet provides secure storage for a wide range of tokens and NFTs using multi-layer biometric protection.
• Ecosystem Participation: OFT holders can unlock exclusive Web3 privileges, including airdrops, whitelist access, and priority allocations on the ONFA Launchpad.

How Does ONFA Work?

ONFA operates as a hybrid financial layer built on top of the BNB Chain and its own proprietary blockchain. The technical architecture uses enterprise-grade encryption and multi-layer authentication to protect user funds. When a user makes a transaction or uses the Visa card, the system performs a real-time conversion of digital assets into fiat currency at the point of sale.

As an application utility token, OFT is used to pay for various protocol service fees within the app. The tokenomics include a "burn-only" policy, meaning the maximum supply of 500 million tokens cannot be increased, and periodic burns are conducted to manage the circulating supply. The mining component leverages smart contracts to distribute rewards based on a halving formula, ensuring a controlled release of tokens over time.

Team Info and Investors

ONFA was established in December 2023, initially focusing on the Asian market before expanding globally. The project is managed by ONFA Fintech USA, which is registered with FinCEN. While specific individual founder names are not detailed in the available sources, the platform lists CertiK as a security partner and auditor. The token distribution includes a 20% allocation for the founding team, which is subject to a long-term vesting schedule starting in January 2027 at a rate of 1% per quarter.

Where can you buy ONFA?

OFT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade ONFA is MEXC, where the most active trading pair OFT/USDT has a trading volume of $47,168.40 in the last 24 hours.

What is the daily trading volume of ONFA (OFT)?

The trading volume of ONFA (OFT) is $47,168.40 in the last 24 hours, representing a -9.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for ONFA (OFT)?

ONFA (OFT) reached an all-time high of $2.48 and an all-time low of $0.06994. It’s now trading -91.80% below that peak and 190.30% above its lowest price.

What is the market cap of ONFA (OFT)?

Market capitalization of ONFA (OFT) is $21,787,880 and is ranked #772 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OFT tokens (110 Million tokens are tradable on the market today).

What is the fully diluted valuation of ONFA (OFT)?

The fully diluted valuation (FDV) of ONFA (OFT) is $55,957,530. This is a statistical representation of the maximum market cap, assuming the maximum number of 300 Million OFT tokens are in circulation today. Depending on how the emission schedule of OFT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of ONFA compare against its peers?

With a price decline of -15.10% in the last 7 days, ONFA (OFT) is underperforming the global cryptocurrency market which is down -5.40%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.

How to add ONFA (OFT) to MetaMask?

Adding ONFA (OFT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import OFT as a token. You can copy OFT’s contract address (0x297c6470cc7a3fe5cf8e5d977c33a2d4b4d9b126) and import it manually, or if you've installed MetaMask's chrome extension, add OFT to MetaMask with one click on CoinGecko.

Add OFT to MetaMask.