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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 21, 2022 10:18am
135 Views
Post# 34341971

Bitcoin bear market

Bitcoin bear marketBTC and Ethe hit 6month lows today ,no evidence of retracement .
Coin down big time .
Coin puts highly profitable today .
BNXA holding up better than COIN .
I admire the longs in BNXA which of course doesn't include me who seems to have been pretty much the sole bearish voice on bnxa for some time .
The long term predicted low in BTC is around 13K according to the Elliot wave theorists I track .
In the last Bitcoin bear market. 4 years ago ,there were many financial casualties .
Cryptos are trading pretty much in tandem with the general stock markets which are very rocky right now .
BNXA will simply get swept along with what happens to the general markets and Cryptos .The more overpriced Crypto stocks will merely go down more.
The difficulty in predicting these trends lies not in what will happen but when???
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