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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

Comment by arh0070on Jun 01, 2021 3:18pm
134 Views
Post# 33304506

RE:RE:The head of marketing is dead or sleeping on the job ?

RE:RE:The head of marketing is dead or sleeping on the job ? Bnxa as well as the Cryptos and Coin and VYGR are all struggling right now .
If for example Bitcoin ,Ethe and all the alt coins went to zero ,what price would bnxa be ,well it would be zero.
I am of the opinion that the 4$ Canadian support level for bnxa will hold unless the Cryptos go into a severe bear market ,I also think that BNXA,COIN and VYGR will all struggle until the Cryptos gradually recover from this 50% correction.Recoveries are often slower than corrections which occur very quickly.I watch several Crypto you tube channels and most indicate that the correction is likely over and that recovery will be slow(several months) and very volatile.
I expect the same from all of the above stocks .
COIN was quite amazing ,they did thier ipo on the peak of the Crypto market.
Personally I dont think that any kind of p/r is going to change these simple facts .
The quick profits are gone and its going to be a slow upward struggle for all of the above over the next few months .Anyone expecting quick profits will be sorely disappointed.
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