Banxa Launches Compliant Crypto "Sell" Functionality For EURO, GBP and AUD - Investing News Network

HighlightsBanxa can now provide fast, secure, sell functionality through its partner integrations in EURO, GBP and AUDAllows end users of Banxa’s partner network to move freely in and out of cryptocurrencyThe company will roll out this compliant “Sell” function in more markets and digital assets in the near futureOpens a new market opportunity, a significant expansion of the company’s product lineBanxa Holdings Inc. …

Highlights

  • Banxa can now provide fast, secure, sell functionality through its partner integrations in EURO, GBP and AUD
  • Allows end users of Banxa’s partner network to move freely in and out of cryptocurrency
  • The company will roll out this compliant “Sell” function in more markets and digital assets in the near future
  • Opens a new market opportunity, a significant expansion of the company’s product line

Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or “The Company”), the world’s fastest-growing, public payment service provider (PSP) and Reg-Tech platform for the digital assets industry, is pleased to announce the launch of a sell function in EURO, GBP and AUD for end users. This will enable Banxa’s users not only to buy digital assets (“fiat on-ramp”) through Banxa’s platform, but also to sell (“fiat off-ramp”) their digital assets back to fiat currency. The service has already launched for bitcoin, and other currencies will follow in the coming months.

Banxa now provides the ability to sell cryptocurrency assets and convert the funds...



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