Question 1

How does Baanx work?

Accepted Answer

Baanx is a crypto financial services platform that enables users and businesses to buy, spend, and borrow directly against digital assets using self-custody technology. It offers a modular B2B2C fintech infrastructure allowing brands, banks, and individuals to create fully managed, licensed crypto banking services with seamless integration of fiat and crypto payments. The platform leverages automation, AI, and blockchain to deliver fast, secure, and low-cost financial products such as wallets, cards, lending, and exchanges.

Question 2

Is Baanx a secure platform?

Accepted Answer

Baanx prioritizes security and regulatory compliance, operating under UK and EU Electronic Money Institution (EMI) licenses and a UK Credit Broking License. The platform uses advanced AML/KYC processes, including identity verification powered by ARGOS, and supports ERC-4337 smart contract wallets for enhanced usability and security. Partnerships with Mastercard, Visa, Ledger, and MetaMask further reinforce trust and global payment acceptance.

Question 3

How to use Baanx?

Accepted Answer

To use Baanx, customers can access crypto and fiat accounts, link virtual or physical payment cards compatible with Apple Pay and Google Pay, and manage assets via self-custody wallets. Users can convert assets, set up payments like direct debits, and borrow against crypto holdings through integrated lending solutions. Businesses can also integrate Baanx’s APIs to launch branded crypto banking services quickly, with full compliance and automated back-office support.

Question 4

What services does Baanx offer?

Accepted Answer

Baanx offers a wide range of crypto financial services including crypto and fiat accounts, payment cards, crypto-fiat exchange, savings, lending, investments, and P2P lending solutions. The platform supports global remittance, automated transaction processing, and a token economy powered by the BXX token, which shares network transaction revenue with holders. It also provides white-label cryptobank solutions for brands, charities, and financial institutions seeking blockchain integration.