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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 Jan 19, 2022 9:04am
187 Views
Post# 34331997

TTV

TTV23% drop in TTV comparing November to December .This is pretty much in line with the decline in the Crypto markets that occurred (especially Bitcoin and Ethereum).
BNXA does not seem to be significantly outperforming the market .
Arranging to borrow money at 12.5% up to 5 million .
The Crypto markets continue to struggle in the middle of January so January TTV will likely not be good either .
No appearance yet of a retracement of BTC in its bear market and no evidence of Alt season .A lot of the smaller coins are doing very poorly .
Coin continues to fall and is well below the price it reached on the first day of its trading .Coin puts continue to be profitable.
Amazing the timing of the Coin insiders to cash out on the exact peak of the market last May .
This sideways/down action in the Cryptos could last a while .
Only place to be right now is USDC in Block Fi or equivalent yielding 9.5%.


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