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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Financial Services Cryptocurrency
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 > Service fees
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Post by Jimmy73on Mar 10, 2021 7:17am
110 Views
Post# 32760621

Service fees

Service feesJust wondering does anyone know if the service fees are always charged in fiat currency or is it every charged as a portion of the crypto currency? Depending on which way the conversion is taking place. Like fiat to crypto or crypto to fiat? The idea of regularly earning crypto could be huge but wouldn't show up as revenue on the financial statements.
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