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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 Sep 07, 2021 1:39pm
93 Views
Post# 33819465

RE:BNXA

RE:BNXAIntresting view Mr *arh0070* but I'm going to have to disagree with you simply because Central banks around the world are keeping intrest rates artificially low, actually it's pathetic. As a result there is alot of money being created out of nothing. inflation is here! and as long as central banks behave in this matter, the new free money will be chasing better yields, as a result cryptos have and will continue to rise as a result of this, as well many hard assets will rise. I don't see a correction untill central banks start punishing borrowers incl governments that are creating huge stimulus and runaway deficits. I don't see this happening for a while. Society is addicted to free money and so is governments. The economy is growing through asset bubbles and wealth creation. I think cryptos incl Bitcoin are going alot higher. Banxa is doing the right thing here by setting there nameplate early to capitilize on this trend. Time will tell but banxa is going up and so is this crypto world. Where else will people park there money during this global trend of higher inflation & 0percent intrest rates. My guess is real estate, stocks, cryptos, commodities,art, classic cars, hard assets.
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