ONFA PriceOFT

What is ONFA (OFT)?

ONFA (OFT) is the utility token powering the ONFA fintech ecosystem, a digital banking super app and cryptocurrency wallet built on the BNB Smart Chain as a BEP-20 asset. ONFA was designed to make the exchange between digital assets and fiat currencies simpler than ever, allowing anyone to participate in cryptocurrency investing through products focused on storage, sending, and receiving digital assets. The project positions itself as a transparent, innovative, and sustainable digital financial ecosystem that empowers investors with seamless control over their crypto assets.

OFT operates with a fixed issuance model. The maximum supply is capped at 300,000,000 OFT. CoinMarketCap records a circulating supply of 0 OFT, while the project self-reports 113.5 million OFT in circulation (about 37.8% of maximum supply); third-party trackers such as Bybit list 107.29 million. The token launched in April 2024. ONFA was established on 24 December 2023; its ONFA Chain whitepaper was published in August 2025, with a planned transition from the OFT utility token to the OFC native coin.

Key Specifications & Tokenomics

• Name: ONFA
• Token Name: ONFA Token
• Symbol / Ticker: OFT
• Blockchain / Network: BNB Smart Chain (BEP-20)
• Contract Address: 0x297c6470cc7a3fe5cf8e5d977c33a2d4b4d9b126
• Block Explorer: bscscan.com
• Max Supply: 300,000,000 OFT
• Total Supply: 288,882,010.260989 OFT
• Self-Reported Circulating Supply: 113.5M OFT (37.8363087%)
• Issuance Model: Fixed supply
• Token Distribution: Includes a 20% allocation for the founding team, subject to a long-term vesting schedule starting in January 2027
• Burn Policy: Burn-only policy with periodic burns to manage supply
• Category: DeFi, Wallet, BNB Chain Ecosystem
• Launch Date: April 2024
• Establishment Date: December 24, 2023
• Whitepaper: wiki.onfa.io/onfa-whitepaper (ONFA Chain whitepaper: wiki.onfa.io/onfa-chain-whitepaper)
• Official channels: x.com/onfaofficial, t.me/Onfa_Channel, news.onfa.io

Who created ONFA?

ONFA is backed by Mettitech Technology Group (USA) and founded by Nicholas Phan. Nathan Ho is listed as an Entrepreneurship Advisor and as a Crypto Wallet founder at Onfa.us.

How does ONFA work?

ONFA operates as a cryptocurrency wallet and digital banking application that enables users to store, manage, and trade various cryptocurrencies while facilitating conversion between digital assets and fiat currencies. The ONFA app is built to give investors seamless control over their crypto assets through an accessible interface.

OFT itself is a BEP-20 token deployed on the BNB Smart Chain, which provides the underlying infrastructure for fast, low-cost transactions and interoperability within the broader BNB Chain ecosystem. The token follows a fixed supply model, meaning the maximum supply cannot be increased. The project has also outlined a transition from the OFT utility token to an OFC native coin on ONFA Chain; how that migration would affect OFT's 300,000,000 cap is not documented. The project operates a burn-only policy with periodic burns, and a buyback-and-burn mechanism for OFT was announced in June 2024 with the stated aim of stabilising value and incentivising early participation. A portion of the supply is allocated to the founding team under a long-term vesting schedule that begins in January 2027, aligning long-term incentives with the project's development timeline.

What makes ONFA unique and valuable?

ONFA distinguishes itself through its focus on bridging traditional fiat currency systems and digital assets. Rather than functioning solely as a speculative token, OFT serves as the utility token within a fintech ecosystem that includes a wallet, an app, and payment integrations. The project emphasises making cryptocurrency investing accessible to anyone by simplifying the exchange between digital assets and fiat currencies.

Additional differentiating factors include its burn-only tokenomics policy, which prevents supply inflation, and its participation in the BNB Smart Chain ecosystem, which offers established infrastructure and broad compatibility. Security information is limited to audit listings referenced on CoinMarketCap; the project's audit reports, auditor names and dates are not publicly documented. ONFA has expanded its ecosystem through new-denomination NFTs and broader OFT payment options, signalling ongoing product development beyond the core wallet offering.

What is ONFA used for?

OFT functions as the utility token powering the ONFA fintech ecosystem. Its primary roles include facilitating value transfer within the ONFA platform and supporting payment options across ONFA services. ONFA has expanded OFT payment options as part of its ongoing product development.

OFT's distribution strategy is described as supporting long-term ecosystem sustainability, community engagement and decentralised governance; no on-chain governance or voting mechanism for OFT holders is documented. The ONFA Wallet lets users store, manage and trade various cryptocurrencies, and OFT is the ecosystem's utility token used for payments and value transfer within ONFA services.

How Is the ONFA ecosystem developing?

The ONFA ecosystem centres on several core products: the ONFA Wallet, which allows users to store, manage, and trade various cryptocurrencies; the ONFA App, designed to empower investors with seamless control over their crypto assets; and ONFA Fintech, the broader financial technology platform powered by OFT. The product line also includes ONFA Savings, which records value on a daily cycle with data stored on-chain, and ONFA Insurance, discussed in a March 2026 AMA on X. The project has announced developments including new-denomination NFTs and expanded OFT payment options.

ONFA publishes updates through its official X account (@onfaofficial), Telegram channel, YouTube channel and news site (news.onfa.io). With a launch date of April 2024 and an establishment date of December 24, 2023, ONFA is in a relatively early stage of ecosystem growth, with ongoing efforts to expand its product suite and user base within the BNB Chain ecosystem.

How to mine ONFA?

OFT is a BEP-20 token on BNB Smart Chain, so it is not mined; its supply is fixed at 300,000,000 OFT, with 20% allocated to the founding team under a vesting schedule beginning January 2027, and periodic buyback-and-burn operations reducing circulating supply.

Users who wish to acquire OFT typically do so by purchasing it on supported trading platforms or through participation in the ONFA ecosystem. The project's burn-only policy means that tokens are periodically removed from circulation rather than created. Those interested in supporting the network may explore staking or holding OFT within compatible wallets, though specific staking mechanisms should be verified through ONFA's official channels.

How to keep your ONFA Coin safe?

Keeping OFT safe begins with using a reputable, non-custodial wallet that supports BEP-20 tokens on the BNB Smart Chain. Since OFT is a BEP-20 asset, it can be stored in wallets compatible with the BNB Chain ecosystem, including the official ONFA Wallet. Users should always verify the correct contract address before conducting any transactions.

Best practices include safeguarding private keys and seed phrases offline, never sharing them with anyone, and being cautious of phishing attempts that impersonate official ONFA channels. Enabling two-factor authentication where available and double-checking transaction details before confirming transfers add further protection. Hardware wallets offer an additional layer of security for long-term holdings. Users should also stay informed through ONFA's official website and news channels to avoid falling victim to scams or fraudulent tokens.

How to buy ONFA (OFT)?

Purchasing ONFA (OFT) generally involves a few standard steps. First, create an account on a cryptocurrency exchange that lists OFT and complete any required identity verification. Next, deposit funds using a supported method, such as a bank transfer or another cryptocurrency. Once your account is funded, locate the OFT trading pair, place a buy order at your desired price, and confirm the transaction. After purchase, consider transferring your OFT to a secure personal wallet for safekeeping. Always verify the token's contract address and use official channels when buying or storing OFT.

OFT trades on a small number of active markets (seven as recorded by CoinMarketCap), with thin daily volume; check the contract address 0x297c6470cc7a3fe5cf8e5d977c33a2d4b4d9b126 on bscscan.com before trading.

OFT is a volatile crypto asset, and its price can move sharply. Regulatory treatment of crypto assets varies by jurisdiction and may change, and technical risks such as smart contract vulnerabilities or wallet security remain. Consider these factors before trading.