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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 Urbanion Aug 15, 2021 8:32am
184 Views
Post# 33707120

RE:RE:Why BNXA has dropped

RE:RE:Why BNXA has droppedFrom PennyWise... My view is simpler, also wouldn't say it's tanking. 1) it's late summer. Larger investors are on vacay. 2) when we did run it was from 3 to 8, and pretty brief. Good but not immense. And for a new fairly unknown stock, enough retail bagholders have been moving elsewhere over summer affecting sp and keeping it low. You want to pick up at 2? That right there is a gamble imo. Summer's almost over. Stocks like bnxa, and say bigg, will start pushing higher. Maybe 2.75 try to put in bids, but I'm skeptical you'll get anything. I've been accruing more in the 2.90s. Cash burn I think is a nonstarter for sp in this space. Name, recognition, and infrastructure are what do it imo

Well said PennyWise...

Seems like we may have a shorter on deck.... That works well with your senario too Penny...

Easy pick up, and even Botcoin has moved up while BNXA has moved down....
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