PRESS REELEASE. The decentralized finance cryptocurrency startup LOFI–DEFI gained intense social acceptance for what is positioned as the largest fair launch in DeFi’s history. Tens of thousands have gathered in the combined international Telegram communities of investors to wait for the launch of their native token LOFI.

“There’s an art to effective marketing in the crypto space,” says Robert Tedders, CEO of TokenCulture.com, one of the premier cryptocurrency marketing firms. “Lofi-Defi has the ‘secret sauce’ to set the standard and we are going to prop them up every step of the way.”

LOFI-DEFI is breaking DeFi norms by not only being listed on a decentralized exchange (Pancakeswap), but also simultaneously listed on a centralized exchange, WhiteBit. Pancakeswap is one of the largest decentralized exchanges in all of cryptocurrency and regularly sees daily volumes in amount between $500 million and $1 billion. WhiteBit currently has over 500,000 registered users and does more than $1.6 billion in daily volume.

Pancakeswap launch date and time:

Trading LOFI/BNB: 16: 00 August 21, 2021 (UTC)

LOFI-DEFI seems to be following in the social footprints of Safemoon which also launched on Pancakeswap and listed on WhiteBit as its first centralized exchange a month later, but LOFI-DEFI is moving at a faster pace than Safemoon.

About LOFI-DEFI

LOFI is the native token for the LOFI–DEFI platform. It is a deflationary currency with a passive rewards system. A reflection mechanism rewards holders with additional tokens for trading, and a burn mechanism passively lowers total supply to make tokens more valuable.

The LOFI token can be used on the LOFI–DEFI platform, which allows artisans to connect with investors, earn income, and build their profile. This token’s ideal use case is to be able to use an appreciation asset to invest in creators and increase the value of their early works. Tech-Audit.org has fully audited the contract and found no security issues. Learn more about the project at https://lofi-defi.com

“We are thrilled to be scouted and identified by WhiteBit as a listing partner for our first centralized exchange! ” enthuses David Cohen, CEO of LOFI-DEFI. “WhiteBIT is not only one of the largest and most reputable exchanges in crypto, but they’re an established and compliant centralized exchange (CEX) in Europe and we are happy to offer our community a premium low fee trading alternative.”

Offering a fiat payment gateway, WhiteBIT meets EU KYC and AML requirements. It charges the lowest trading fees for both crypto-tocrypto and crypto-tofiat transactions. In terms of security, the exchange deploys cutting edge technologies and holds 96% of all assets on cold wallets.

Offering SMART staking for passive earnings, the platform also provides Stop-Market and Stop-Limit Orders with quick deposits and withdrawals carried out by Dash InstantSend. WhiteBIT is one of six global exchanges that has a fully-fledged margin trading terminal. The interface is easy to use and reliable, making it suitable for both beginners and professionals.

WhiteBIT trading schedule details are as follows:

Deposit:16: 00 on August 26, 2020 (UTC)

Trading LOFI/USDT: 16: 00 on August 27, 2020 (UTC)

Withdrawal: 16: 00 on October 03, 2020 (UTC)

Open an account on WhiteBIT with the following referral link:

About WhiteBIT

WhiteBIT is a centralized crypto-to-fiat exchange trusted by 500K+ users from 190 countries. It is licensed by the European Exchange and Custody and is considered one of the most secure platforms for trading and holding assets. https://whitebit.com

LOFI-DEFI Officials:

Website: https://lofi-defi.com

Twitter: https://twitter.com/lofi_defi

Telegram: https://t.me/lofi_defi

Discord: http://discord.gg/HqF4dwAdNN

Media Contact

Robert Tedders, TokenCulture.com

lofi.media@tokenculture.com

This is a press release. Before taking any action related to the promoted company, or any of its affiliates, or services, readers should do their due diligence. Bitcoin.com does not assume any responsibility for any loss or damage caused or alleged by the use or reliance of any content, goods, or services mentioned in this press release.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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