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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Comment by Averagewhiteguyon May 24, 2021 11:32pm
181 Views
Post# 33258362

RE:BNXA

RE:BNXA

The volatitly is good for Banxa but I do think some investors over exaggerate how much Banxa is actually receiving from it as like you said most of its buy side, Banxa's sell side is still growing, it's not quite like the buy side yet. When the market tanks people are still buying there's always someone on the other side of the trade, when the market tanks there's lots of volume for both the buy and sell side. 

I wouldn't consider the crypto investors in the last 2 months to be a accredited investors and I think many long term investors saw this coming a mile away just like 2017-2018. 

My faith in Banxa is based on the fact and it has so much potential growth ahead of it! With a excellent and eager management team that will stride for it. 

thanks for posting and I value your opinion it's good to have critical people in your investments and not just pumper moon boys. 

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