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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 Aug 19, 2022 1:02pm
285 Views
Post# 34907743

BTC flash crash overnight

BTC flash crash overnightBTC lost 1000$ a coin in about 30 seconds in a flash crash overnight.Took the Alt Coin market down with it.It was an attack designed to take out all the leveraged longs ,it was clearly successful.It has taken down Coin and BNXA with it .BTC and Alt Coins back at support.If support holds it will be onwards and upwards in choppy fashion for a few weeks.If support fails then no idea where the bottom is.Dollar up today with interest rates ,gold down and Nasdaq down.
We are now half way through the next quarter and trading volumes likely remain down .
Not much chance bnxa will be profitable in this current quarter notwithstanding what BNXA management is predicting ,I guess one has to be an eternal optimist to be an entrepreneur .
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