Bullboard - Stock Discussion Forum 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... see more

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TSXV:BNXA - Post Discussion

Banxa Holdings Inc > Who is selling?

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Post by amp007C on Jan 21, 2021 9:57am

Who is selling?

These aren't exactly small drops everytime it happens.

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Comment by Averagewhiteguy on Jan 21, 2021 10:11am

Not sure but Bitcoin is down an whopping 9% today, I'm not surprised we are seeing some heavy selling pressure right now.

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Comment by cryptoangel on Jan 21, 2021 7:51pm

Will be interesting to see how BNXA stacks up in this BTC weakness. It's important to note that BNXA does not hold any BTC treasury and will likely benefit in significant swings in the BTC price that triggers more trading to occur through their partners exchanges. In short a volatile BTC/Crypto environment is a positive for BNXA.

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