Banxa Holdings Inc V.BNXA

Alternate Symbol(s): BNXAF

Financial Services

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

Banxa Holdings Inc > Market Cap VYGR vs BNXA at Jan 8-2020

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Comment by cryptoangelon Jan 10, 2021 10:35pm

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Post# 32264866

RE:RE:Market Cap VYGR vs BNXA at Jan 8-2020

totally agree, I think you'll see BNXA has a higher margin on TTV than Voyager too. Also, BANXA TTV only goes up with volatility in the BTC price, as they don't hold BTC treasury it means they aren't exposed to these fluctuations in the BTC price quite the opposite.

The higher the volatility the more trading is taking place the more on-ramp and off-ramp is required therefore more TTV and more commission as revenue.

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