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. According to CoinMarketCap registry data, circulating supply is reported as 0 OFT, while total supply is 288,882,010 OFT against a maximum supply of 300,000,000 OFT. According to CoinMarketCap registry data, the token's launch date is 11 April 2024, and it was listed on CoinMarketCap on 7 February 2025. ONFA itself was established on December 24, 2023, and its chain was founded in 2024.

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 OFT
• Circulating Supply: 0 OFT (per CoinMarketCap registry data)
• 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
• Buyback and Burn: A buyback-and-burn mechanism for OFT was announced in June 2024.
• Category: DeFi, Wallet, BNB Chain Ecosystem
• CertiK Rating: 4.3
• Launch Date: 11 April 2024 (CoinMarketCap registry data); listed on CoinMarketCap on 7 February 2025
• Establishment Date: December 24, 2023
• Whitepaper: https://wiki.onfa.io/onfa-whitepaper (also https://drive.google.com/file/d/1B5myQk8TRo6saTMsA47raZmw7pZCVzBU/view)

Who created ONFA?

ONFA was founded by Nicholas Phan and is backed by Mettitech Technology Group (USA). Nathan Ho is listed as an Entrepreneurship Advisor. He is a Crypto Wallet founder at Onfa.us and the Founder and CEO of a dynamic Crypto Wallet startup, with a LinkedIn tenure beginning in January 2022.

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, and periodic token burns are conducted to manage circulating supply over time. 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.

According to the ONFA Chain whitepaper (22 August 2025), the ecosystem plans to move from OFT, a BEP-20 utility token, to OFC, the native coin of ONFA Chain, which would serve as the economic and governance engine.

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 emphasizes 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. CoinMarketCap lists a CertiK rating of 4.3 for ONFA; the rating scale and the underlying audit reports should be checked on CertiK and CoinMarketCap directly. A rating is not by itself proof of security. ONFA has expanded its ecosystem through new-denomination NFTs and broader OFT payment options, signaling 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, supporting payment options across ONFA services, and enabling participation in the ecosystem's various decentralized applications and features. ONFA has expanded OFT payment options as part of its ongoing product development.

The token is used within the ONFA Wallet for storing, managing, and trading cryptocurrencies, and it supports the digital banking super app's mission of simplifying fiat-to-crypto exchange. OFT is a BEP-20 utility token on BNB Smart Chain. Governance and the core economic engine are planned for OFC, the native coin of ONFA Chain, which has not yet replaced OFT.

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 project has announced developments including new-denomination NFTs and expanded OFT payment options.

The ecosystem 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.

ONFA maintains an active community presence through its official Facebook page and a dedicated news site, where it shares updates on key activities. The project reflected on its first year of development in a video titled "Looking Back on One Year of ONFA," highlighting its journey of creating value. With a launch date of 11 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. It is not produced by proof-of-work mining; new OFT is not created through mining, and the maximum supply is capped at 300,000,000 tokens.

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. OFT is a BEP-20 token and is not staked to secure BNB Smart Chain. Holders can keep OFT in any BEP-20 compatible wallet; any yield product offered by ONFA is a platform product rather than network staking.

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.

OFT is subject to price volatility, and its value can rise or fall sharply. Regulatory treatment of crypto assets varies by jurisdiction and may change. Technical risks include smart contract vulnerabilities and the security of the wallets and platforms where tokens are held.

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.

According to CoinMarketCap registry data, OFT trades on 7 active markets; check the official ONFA website for the current list of supported venues.