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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 Sep 20, 2021 9:18am
247 Views
Post# 33885869

Bnxa

BnxaAmazing how people just show up and offer an opinion .All these bullish postings are accompanied by thumbs up .As I have indicated before one is more likely to make money by doing the opposite of what postings say and that especially applies to the thumbs up sign .One has to treat postings with skepticism especially those that are wordy bullish .On a number of BB,S the CEO of the company posts usually under an alias ,one is tempted to wonder whether "Dominic" is Mr Cardoso .
Markets are tanking today including the Cryptos so the "federalist" posting seems particularly poorly timed.
One upon a time many years the Motley fool was a good resource .Now it is a company employing several hundred people .I dont know if it takes contributions from companies or not ,certainly many of these small so called research companies are hired to parrot out the company message ,if one goes to Mr Cardosos twitter feed one can likely find examples of this .
The Chinese property market looks very sick with lots fo projects just financed with debt ,this will likely turn into a bloodbath.
The question is ,is this already the end of this Crypto bull market or not ,it may be ,the next few days will tell the tale .If it is BNXA doing a big expansion into a bear market which historically lasts 2-3 yrs and is associated with low volume trading  will create difficulties.

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