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About Baanx

BAANX is a platform that offers users to borrow and remit fiat currency across the world and earn crypto rewards from their daily spending. The team behind the BAANX platform aims to make the platform a Crypto-as-a-Service Fintech, thereby narrowing down the gap between traditional currencies and cryptocurrencies.

According to its whitepaper, the majority of the FinTech services of the world are based on older technologies like massive central databases, mainframe computers, and slow systems. Such old technologies are challenging to maintain and update. The team behind the BAANX platform aims to utilize a mobile-first approach, which makes the services easier for its clients.

BAANX platform also enables its clients to start spending their loans instantly through virtual cards by withdrawing cash at ATMs worldwide. Therefore, the technology adopted by the platform is considered convenient.

The platform aims to offer services like secured lending, global remittance, high rate savings for crypto staking and many more. Moreover, the platform also provides licensed global card schemes. BAANX aims to enable clients to launch a completely managed and compliant mobile app according to their business models. Through this, businesses can add their business logos, designs, and logic along with transaction and monthly costs.

BXX is the native token.) of the BAANX ecosystem. The token holders of BXX are rewarded for holding, staking, and spending BXX. Through BXX, the holders can experience fast and secure remittances worldwide without any cost.

BAANX was founded in 2014 by highly experienced individuals from the banking, technical, and FinTech sectors. Garth Howat is the CEO of BAANX who is experienced in consumer lending and Fintech businesses. Sean Salloux is the CRO of BAANX, who is experienced in mobile app security.

The team of BAANX aims to extend ICO only to some existing token holders.

Market

Canada Market Stats

Market cap

CA$2.4M

Volume (24h)

CA$32,408.53

Circulating supply

19.8M BXX

All time high

CA$0.37

Price change (1h)

-0.77%

Price change (24h)

-6.1%

Price change (7d)

-11.81%

Canada News about Baanx

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A16z Makes $90 Million Private Purchase of Optimism’s OP Token

Prominent venture capital firm a16z has snapped up about $90 million of Optimism’s native OP token, according to two sources familiar with the matter, marking the latest institutional bet on the Ethereum Layer 2.  The investment, said to be executed under a two-year vesting period, follows a flur...

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Decrypt • Apr 30, 24

Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO

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The Block • Apr 30, 24

Prospective stablecoin bill unlikely to be attached to upcoming FAA reauthorization: Democratic aide

A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.

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Baanx is on the decline this week.

The price of Baanx has decreased by 0.77% in the last hour and decreased by 6.10% in the past 24 hours. Baanx’s price has also fallen by 11.81% in the past week. The current price is CA$0.12 per BXX with a 24-hour trading volume of CA$32.41K. Currently, Baanx is valued at 66.93% below its all time high of CA$0.37. This all-time high was the highest price paid for Baanx since its launch.

The current circulating supply of Baanx is 19,798,720.784 BXX which means that Baanx has as total market cap of 19,798,720.784.

FAQ

What is the current price of Baanx?

We update our Baanx to CAD currency in real-time. Get the live price of Baanx on Coinbase.

What is the market cap of Baanx?

The current market cap of Baanx is CA$2.40M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Baanx?

The all-time high of Baanx is CA$0.37. This all-time high is highest price paid for Baanx since it was launched.

What is the 24 hour trading volume of Baanx?

Over the last 24 hours, the trading volume of Baanx is CA$32.41K.

How many Baanx are there?

The current circulating supply of Baanx is 20 million.

Can I buy Baanx on Coinbase?

Yes, Baanx is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Baanx guide.