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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 arh0070on Aug 17, 2021 1:30pm
130 Views
Post# 33717609

Bnxa

BnxaBnxa trades in Vancouver not Toronto.It trades on the pink sheets in the US.
There is no evidence of insider selling or trading according to Canadian insider trading reports ,some small buys by Mr Cardoso .
This board quite frankly is crazy ,full of pumpers on the way up .They of course have now disappeared .
The reverse is happening now on the downside .Federal reserve has suddenly shown up over the last few weeks ,threatening lawsuits etc .Since there has been a large drop in the share price it would be natural that the BC securities commission would investigate ,that doesn't mean that there is anything untoward going on .There would be cause for concern if trading is suspended .
As I have said before the company needs to come clean with investors and be up front ,they probably have had the TTV for July for a couple of weeks but they are under no legal obligation to release them immediately .They need to release there cash balance ,haven't dont it for a while .
All will be revealed tomorrow,this might very well be a situation of sell the rumor buy the news.
Cryptos are doing pretty well ,Chainlink is up 100% from its low and its in a similar type business to BNXA.
Stocks like bnxa are inherently very risky ,today is a market down day and vygr is down also and they are profitable.
Panic selling is going on ,probably a time for diamond hands and buy a few back .One makes money doing the opposite of the herd.

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