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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 FluffySassafrason Sep 08, 2021 10:11am
127 Views
Post# 33824377

RE:Flash crash

RE:Flash crash
arh0070 wrote: Absolutely horrendous flash crash in the Crypto markets today with BTC down 10K at one point .Huge margin calls will have happened.Many alt coins down 20% plus.There have been three market leaders Solana,Luna and Cardano.All down today ,Solana had reached the the full 4.28 Fibonacci extension so that may be the peak for Solana.
The only positive news is that there was massive buying of Cardano,Ethe and XRP after the crash.
This is all extremely negative for BNXA no matter what the price action was today.Some big blocks were sold into this announcement(big boys selling)
VYGR down today .
It will take a few days to see if this is the beginnings of a major bear market (which will crush BNXA)or most of the alt coins will recover and go on to new highs.
It is quite obvious that the Crypto bull market is reaching towards its end (no matter how much money is being printed).
Very dangerous time to buy BNXA.



As I said yesterday, it went up a little too quickly.
With the news yesterday I was surprised there was no pullback then, but I think people just wanted to get in on the hype.

Anyway I might throw in a stink bid today and see how it goes, price could probably float in high 3's to low 4's today.

Stock is still way undervalued, lots of room to grow and it appears to be getting more press.

Probably still not a great stock if you want super quick returns, but as a long hauler this is where you can make the 1000%+ returns if you don't mind the heat.
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