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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 FederalReserveon Aug 14, 2021 10:30am
146 Views
Post# 33706004

RE:Wake Up

RE:Wake UpYah ultimately you are correct correct *deckard604* to be honest I don't even like the crypto.space at all. There's well over 9000 of these stupid useless crypto coins around, most will fail, a few will win, sounds like a gamble to me, not a solid investment Mr. Besides the only reason why cryptos were invented is because intrest rates are being fudged by central banks around the world & being manipulated to maintain ultra low intrest rates to benefit the "debtor" & screwing the "depositor" so being parked in currencies in a suckers bet because it's being rigged for depositors to lose, and the government's to over spend!!!!!! Ultimately if cryptos really do challenge currencies for market share, there's one thing that all central banks can due to instantly kill the entire crypto currency movement instantly!! That move is to let intrest rates be determined by the actual capital market and let the rates be determined by the true actual supply & demand aspect with no tweaking or fuddging. In my opinion if that would be done today, without any question a 1yr yield of USA Treasury would be yielding well over 7percent & cdn treasuries even higher due to inflationary concerns and Canada's massive defecits and explosive national debt. If this were to happen who in the right mind would be investing in Bitcoin? If your investment is guaranteed by a country and they pay you 7percent and more in favorable intrest rate to park your money ??? Cryptos can't do that, so it's game over. Besides depositors in the 70s and 80s were getting over 10percent back then. Higher intrest rates would also make governments think twice before they lavishly spend tax payers hard earned money! And the higher the intrest rate the more brutallic will be the death of cryptos!!! The end
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