Internet City, Dubai, July 13, 2022 — LBank Exchange, a global digital asset trading platform, will list Future of Fintech (FOF) on Friday, July 15, 2022. For all users of LBank Exchange, the FOF/Tether (USDT) trading pair will be officially available for trading at 6 am UTC on July 15, 2022.

As one of the most versatile cryptocurrency tokens, Future of Fintech (FOF) plays a key role in multiple projects under the FOF Group, including financial business, decentralized finance (DeFi), e-commerce and metaverse projects. The FOF token will be listed on LBank Exchange at 6 am UTC on July 15, 2022, to further expand its global reach and help it achieve its vision.

Introducing FOF Group

FOF Group is a comprehensive group integrating the development and operation of cryptocurrency, foreign exchange, futures, smart contracts, the blockchain and more. There are currently four foundation projects under FOF Group, including financial business by Ngel Foundation Malaysia, a decentralized platform business and metaverse project by Mindvirus Foundation Korea and shopping mall and payments by Ngel Foundation Korea.

The FOF coin will be the key currency on all platforms and trading in the Ngel ecosystem:

The FOF coin is a financial coin that supports the transaction of the following products through contracts for differences (CFDs), cryptocurrency trading, futures trading, stock trading and forex (FX) trading.

It also has a system that allows users to share profits generated through financial business by holding FOF coins and participating in mining through

Ngel partners have a license for multiple financial operations.

The Malaysia Labuan Financial Services Authority issued the Cryptocurrency and Financial Businesses license.

Ngel partners’ financial platforms

NGEL partners have a license for multiple financial operations, including the following: asset management, FX and CFD arbitrage, cryptocurrency trading and token issuance, copy-trading, futures trading, options trading and derivatives education business.

The financial platforms for Ngel partners are already in operation. These platforms include FX trading, copy trading and cryptocurrency-derivatives trading. Each platform will integrate the FOF token as the key circulation token. 

The decentralized platform project will be operated by the Mindvirus Foundation and use BNB Smart Chain BSC for the vital currency mined. FOF Group’s native token FOF will act as the primary cryptocurrency of exchange on the platform. FOF token holders will also receive a portion of the proceeds generated by the platform, like shareholders.

Moreover, the FOF token will be accepted as a form of payment on many online shopping sites through the partnership of various payment companies, including Mastercard and UnionPay cards. A membership card that will bring added benefits for e-commerce shoppers is also planned for future release.

Last but not least, as the metaverse becomes the backbone of the Web3 movement, the FOF project is preparing one of the most ambitious projects in the online experience. The metaverse will feature fully realized avatars, virtual real estate, virtual stock trading, cryptocurrency exchange, real-world assets trading and online games. The FOF token will also play a central role in this upcoming metaverse project.

The FOF project, including derivatives, DeFi, the metaverse, nonfungible tokens and payment-service providers, is expected to be one of the most comprehensive projects. Backed by an experienced team with a finance, blockchain and marketing background, FOF will be one of the most ambitious projects in the cryptocurrency space.

About the FOF Token coin

Future of Fintech (FOF) can be used to exchange tokens for all projects under FOF Group, including the financial business, DeFi, e-commerce and metaverse projects. As the project grows, there will be more and more applications for the FOF coin. It will, in turn, generate more profits to sustain and grow the project and compensate FOF coin holders.

Based on the BEP-20 protocol, FOF has a total of 200 million tokens. It will be listed on LBank Exchange at 6 am UTC on Friday, July 15, 2022. Investors who are interested in FOF investment can easily buy and sell FOF tokens on LBank Exchange by then. The listing of FOF on LBank Exchange will undoubtedly help it further expand its business and draw more attention to the market

Learn more about FOF token:

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms, with over seven million users from more than 210 regions around the world.

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