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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 StockGuru454on Feb 23, 2021 3:17am
253 Views
Post# 32634221

105 billion!!!

105 billion!!!
99 billion in just bitcoin alone and now today 105 billion in transactions.. even if banxa is accounting for 1% of these transactions were looking at 1bil USD a day at min 2% profit. That's 20 mil usd profit a day min and were just getting started. If Bitcoin is a hedge against inflation then Banxa is an unfathomable hedge against it. These sharp ups and downsies should be throwing banxas SP up not down. I believe it's just a confidence thing for investors, like if bitcoin fails they think the entire crypto market will. But here we have a stock that benifits from price drops, price climbs and price neutral scenarios. I simply just cant find any negatives and at these rates this 100 mil MC will be MONTHLY revenue. My guess would be a PR this week or next week before earning claiming at least 1 billion in monthly sales min.
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