Börse Express – Banxa launches direct to NFT cash withdrawal solution for the NFT market

Important basic data:

Banxa enters the market with a new withdrawal tool to buy NFT fiat currency $17 billion NFT market (1) a; Market entry via the leading NFT market Atomic Hub.

In April it wasn agreement with A number of important new partners, including BitForex, Umbria and CoinTigerAnd underHe paints.

5 new coins and blockchains have been added, including HBAR, LUNA, and WAXP.

Total transaction value (TTV) of A$79 million (US$56 million) corresponds to market size.

Toronto and Melbourne 11. mayo, 2022Banksa Holdings inc (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or “the Company”) announces the launch of its new products Fiat to NFT exit together with his partner Corn Axlethe leading marketplace for non-fungible tokens (NFT), Famous. NFT consumer market witnessed a Fasts growth laid down, and Banksa he is Able to participate in this growing market with the launch of this product. Thus, the company’s global partner network gains access to millions of end users, NFTs Maybe an eggSimply You want to buy by credit card.

This product was launched in collaboration with Corn Axle – Leading NFT Marketplace in Play to Earn and Provider Bign groups such as Atari, Hasbro and Hot Wheels. Banxa has an infrastructure built on top of the WAX ​​blockchain (WAX certified and recognized as the highest performing blockchain supporting API with the fastest e-commerce transactions) which is And therefore Convinced that here The first of many partnerships in the ecosystem createdWith these Friction losses are reduced in NFT purchases should. NFT revenue growth expected to exceed 17 in 2021 one billion The US dollar rose and the market for interest-oriented NFTs boomed Thus, NFTs are quickly becoming an integral part of the Web3 ecosystem.

Holger Arianes, Banxa CEO, stated: “At Banxa we are excited about our new exit from fiat to-NFT based on our core product on and off the slopes.s To be able to build. We know there is a lot of friction in purchasing NFTs and we believe that our payment product makes purchasing NFTs from our partners The It will make it easier for consumers. So it is very important for us to have more access points inside and outside the cryptocurrency marketHto create. “

During the April period, Banxa announced five new partners, including the leading cryptocurrency exchange BitForex With more than 5 million users, the cryptocurrency exchange CoinTiger In Singapore and the DeFi platform Umbria.

During the same period, the team also added the following five new coins and blockchains:

HBAR in original retail Hedera

LUNA on the original TERRA blockchain

UST on the original TERRA blockchain

WAXP on the original WAX blockchain

USDC at Hedera original retail

Banxa once again states that it is important for him to expand his global partner network of exchanges, wallets, dApps and NFT markets as widely as possible.ghost of coins and blockchain.

As of the end of April, Banxa also reported a total transaction value (TTV) of A$79 million (US$56 million), consistent with a declining market and peer basis.

(1) Source: https://atelier.net/news/the-2021-nft-market-report-presented-by-nonfungible

The TSX Venture Exchange and the regulators (referred to in the TSX Venture Exchange Policies as Regulatory Service Providers) assume no responsibility for the adequacy or accuracy of this release.

– the end-

to the board of directors

iA: “Dominic Carusa” https://twitter.com/dcarosa

Dominic Carusa

Chairman of the Board (1-888-218-6863)

BANXA Holdings Inc. (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00)

Banxa operates the world’s largest digital asset platform by providing payment infrastructure and regulatory compliance in global markets. Banxa’s mission and vision is to build the bridge that gives people everywhere access to a fairer financial system. Banxa is headquartered in Melbourne, Australia, while the European headquarters is located in Amsterdam, the Netherlands.

For more information visit www.banxa.com

The source language (usually English) in which the original text is published is the official, authorized, and legal version. This translation is included for better understanding. The German version can be abbreviated or abbreviated. No responsibility or liability is accepted for the content, correctness, adequacy or accuracy of this translation. From the translator’s point of view, the report does not constitute a buy or sell recommendation! Please refer to the original English message www.sedar.comAnd www.sec.govAnd www.asx.com.au/ Or on the company’s website!

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