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 > High demand for services.

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Post by alleyesonme on Feb 23, 2021 11:48am

High demand for services.

So it was on Sunday banxa Facebook post about delays due to high demand. I noticed they've deleted that message and reposted it yesterday morning at 7:15. So that's two days in a row where demand for their services has slowed the system. That's a lot of transactions. Feb TTV is going to be huge. What a great buy today!

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Comment by StockGuru454 on Feb 23, 2021 12:00pm

Feb 9th they posted BANXA is experiencing unprecedented numbers of orders through all platforms as well. The PR for this months sales volume is going to be knee jerking. Alley just look at the bitcoin volumes in Jan and that brought banxa 55 million... now add 2 more partners and this months bitcoin volume and were in the billions.... these people selling need to stop going on emotions and ...more

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Comment by alleyesonme on Feb 23, 2021 12:10pm

Imagine that..... It's going to be insane..... I'm sticking around that's forshure.

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Comment by StockGuru454 on Feb 23, 2021 12:22pm

even if its 2.5 billion at the bare min 2% fee.....that's half the market cap in one month profit LOL

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Comment by YoEdwest on Feb 23, 2021 12:50pm

you mean revenue ?

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Comment by StockGuru454 on Feb 23, 2021 1:03pm

yes correct, revenue. However the cost of operation is not even worth mentioning at that amount, and as we scale up it still doesnt cost much... as dom said he might just have to buy a few laptop's for some service reps but that's it.

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Comment by BCdude on Feb 23, 2021 1:39pm

StockGuru, Thanks for all your quality posts and enthusiasm. I enjoy reading them. I got in BNXA at $2.20 and plan to be here for the long ride. The laptops you mention are capital costs. The cost of operations will be higher -- such as salaries for management and sales force, etc. I imagine R&D will also be a significant expense, as they work to establish new products/services over the ...more

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Comment by Urbani on Feb 23, 2021 3:15pm

wow... 2.10 still after a market recovery in all of my other stocks but BNXA... Just need a little more maturity on the exchange .. only been on public exchange for over a Month... 7 Years in Business ...

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