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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 09, 2021 6:50pm
113 Views
Post# 33837855

RE:BNXA

RE:BNXAGood point *arh0070* but I'm going to honest. I don't understand the fundamentals/concept of cryptos to begin with. I thought they were all going to be toast already! I was wrong. Longer term I still think they are worth zero! I guess I don't understand the concept of you got a limited supply on something that dosent actually exist! And if inflation keeps trending hire, central banks will.have to raise rates, and cryptos will be toast since "real" money chases better yields. if central banks keep ignoring inflation, leaves rates at zero, then cryptos will go higher. Unfortunately savers have been being punished for literally being responsible with money and over leveraged borrowers have been profiting the most in this deadly trap being created by central banks with literally free money
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