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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

Post by arh0070on Dec 13, 2021 11:16am
111 Views
Post# 34225032

Bnxa

BnxaThere is a difference between well thought out posts like yours and the idiot pumper posts.
Every market requires buyers and sellers ,bulls and bears.
Having been a bull on Cryptos since early last year I have now turned very cautious/bearish.The total market cap for Cryptos is down somewhere between 400-500 billion dollars in the last few weeks.How far BTC and ETHE fall remains to be determined ,,there should be a retracement and hopefully Alt coin season will actually happen.In prior Crytpo bear markets which have lasted 2-3 years there has been a 75-85% drop in BTC and ETHE prices with the alt coins being even worse.
Eventually however there will be another bull market ,So from a 5 year perspective things will likely be fine .It's what happens in between that worries my ,hence the Coin put options.
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