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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 Mar 14, 2022 4:01pm
173 Views
Post# 34512893

What a difference a year makes

What a difference a year makes Crypto markets and especially the stocks are pretty brutal right now .A year ago Bnxa was trading around 8$ and a million shares a day .Interesting to go back and look at the posts at that time ,pretty much uniformly bullish and extremely numerous .
Trading volume right now for bnxa is extremely low as is the volume on Coin and Voyager.
Stocks do not go down in a straight line so at some point in time there will be a retracement ,hard to predict when .
Interest rates are going up quite strongly and this combined with the geopolitical situation is impacting the general stock market and Nasdaq stocks in particular . 
There were predictions a year ago from the company quoted by someone who still posts here that TTV would be up a 1000% in a year .Sadly that prediction has not come true with transactional volume decliniing associated with the decline in the Cryptos which began just less than a year ago.
it will be interesting to see what the bnxa ttv is for Febuary which should be due soon . 
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