Press Release

HoneyBadger Steps Up as Binance Steps Down

Written by admin17/05/2023

As the cryptocurrency landscape evolves, so too does the network of providers that support this dynamic and innovative sector. Recently, Binance, one of the world’s leading cryptocurrency exchanges, announced its decision to cease operations in Canada. 

The company expressed disappointment, saying it had high hopes for the Canadian blockchain industry. The decision was driven by new regulatory guidance introduced by the Canadian Securities Administrators (CSA) related to stablecoins and investor limits.

    In February, the Canadian Securities Administrators (CSA) revealed new guidance that prohibited crypto asset trading platforms within the country from allowing customers to buy or deposit stablecoins without the CSA’s prior approval. To obtain this approval, crypto trading platforms would need to pass the CSA’s various due diligence checks.

    Binance co-founder and CEO Changpeng Zhao, who is a Canadian citizen, has described the company’s exit from Canada as holding sentimental value.

    With Binance’s exit, we understand that Canadian crypto enthusiasts might be seeking a reliable and trusted platform to continue their crypto journey. We want to assure you that HoneyBadger is here to provide just that. Our ATMs and online portal offer a tangible, user-friendly way to buy and sell cryptocurrencies, making them a great option for both newcomers and seasoned crypto users.

    Our strength lies in our deep understanding of local Canadian markets, our commitment to compliance, and our dedication to providing excellent customer service. As a Canadian company, we understand the unique needs and preferences of our customers, and we tailor our services to meet those needs.

    We are excited about the future of cryptocurrency in Canada. As the landscape continues to evolve, HoneyBadger will continue to adapt and innovate, providing our customers with the best crypto services in the country. We’re ready to step up, fill the gap, and support our customers during this transition. 

    While the world of cryptocurrency may be rapidly evolving, our dedication to providing you with secure, reliable, and convenient services remains constant.

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    Press Release

    HoneyBadger Enterprises Ltd. Introduces New Online Portal for Bitcoin Transactions

    Written by admin01/05/2023

    VANCOUVER, May 1, 2023 – HoneyBadger Enterprises Ltd. (“HoneyBadger” or the “Company”), (hosted on badgercoin.com), is one of Canada’s largest and most secure network of Bitcoin ATMs with over 200 from coast to coast. HoneyBadger makes it easy for Canadians to buy, sell and understand Bitcoin and we are excited to announce the launch of our new online portal for transactions and account creation. The new portal is available on our website and enables customers to buy or sell Bitcoin, Litecoin, and Ethereum with ease and convenience.

    The new portal provides customers with a seamless and secure platform to conduct Bitcoin transactions. The portal is user-friendly and allows customers to easily navigate the website and purchase or sell cryptocurrencies with just a few clicks. Additionally, the portal is secure and provides customers with a safe platform to carry out their transactions.

    We are now providing our customers with more ways to buy Bitcoin online through Visa and Mastercard. Interact, Apple Pay, and Google Pay are coming soon.

    HoneyBadger management remarked, “We are committed to providing our customers with innovative solutions to meet their needs. Our new online portal for Bitcoin transactions is a testament to our commitment to make Bitcoin and cryptocurrency accessible to all Canadians.”

    The portal is also equipped with a user-friendly dashboard that provides customers with access to their transaction history and allows them to easily monitor trends in cryptocurrency pricing.

    The transfer of coins is instant (pending blockchain confirmation time), and HoneyBadger does not custody any fiat or coins on a customer’s behalf.

    “We understand that the world of Bitcoin can be complex, which is why we have made it our mission to simplify transaction processes for our customers. Our new online portal for cryptocurrency transactions is just one way we are delivering on that promise,” said management.

    HoneyBadger is committed to providing customers with quick and easy experiences when it comes to cryptocurrency transactions. With the launch of the online portal, we are poised to continue this commitment.

    For more information on HoneyBadger and our new online portal for Bitcoin transactions, please visit our FAQ page.

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