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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Financial Services
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

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > Stock Price
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Post by FederalReserve on Aug 13, 2021 11:18am

Stock Price

I can't believe Banxa continues to drop as crypto prices continue to rise. I knew something was off here, dosent make any sense
Comment by DaNixon on Aug 13, 2021 11:33am
A misunderstood Canadian small cap with low liquidity. Banxa ran in tandem with crypto in Feb and March. Now it runs oppositely? My opinion is it's another easy target for predatory short selling, but who knows, just my guess, have a nice weekend, cheers!
Comment by FederalReserve on Aug 13, 2021 11:38am
When crypto price drop a little so does BANXA, if crypto prices drop alot so does BANXA! Kinda makes sense, but lately when crypto prices rise a bit or alot, it dosent matter because Banxa is always dropping. So how does BANXA now realize a capital gain?
Comment by FederalReserve on Aug 13, 2021 11:41am
I'm scared now because if Bitcoin goes up to $100000usd will that hike make Banxa drop 50% or more???
Banxa Holdings Inc
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