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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 FederalReserveon Aug 08, 2021 9:18pm
146 Views
Post# 33670282

But .......

But .......Posters *Rankininlet* & *arh0070* did bring up some good points. If indeed china's crypto crackdown is seriously effecting Banxa, they should seriously get a solid footing in other Asian markets and grow volumes asap.... Espicially since there's 100 mouths to feed at banks compared to only 25 start of the year. It would be nice when they report monthly volumes(I think this week for July) they give us some sort of regional break down, to see where there's slack of performance & what are they going to do about it.... Goodnight, let's see if Banxa creates see sort of appetite tommorow, something that has been lacking for quite sometime
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