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Bitcoin Well Inc V.BTCW

Alternate Symbol(s):  BCNWF

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial fintech business, which future-proofs money by making bitcoin useful to everyday people. The Company’s segments include Bitcoin ATM business (ATMs), and Non-custodial bitcoin platform (Online Bitcoin Portal). The ATMs segment comprises sales and expenses related to the Company's Bitcoin ATMs. The ATMs segment is operating a fleet of over 180 Bitcoin ATM machines placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the Company's Bitcoin platform. The Online Bitcoin Portal offers Canadians the safest way to buy, sell and use bitcoin online and is designed to offer bank-like functionality coupled with the benefits of Bitcoin. It offers three payment methods, such as Interac e-Transfer, Recurring buy (DCA), Bank transfer- United States, and Cash. The Company offers its services to real estate professionals, agriculture, sovereignty, beginners, and business.


TSXV:BTCW - Post by User

Post by ggrelletteon Jun 17, 2022 2:43pm
234 Views
Post# 34765367

This is the second platform that has suspending trading.....

This is the second platform that has suspending trading.....
  • Crypto lender Babel is freezing withdrawals for users due to "unusual liquidity pressures."
  • It's the second major platform to do so this week as the crypto market faces a massive selloff. 
  • Celsius previously stopped letting customers withdraw their holdings on Sunday. 
Promoted as being safe and a hedge against inflation is a laugh at best.
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