On 24th of May 2022 at 11:00 AM UTC Crypto Talkz hosted AMA with BAANX

🌟Mr. Kieron Cartledge shared us the Details about ‘ BAANX ‘ and it’s Unique features… 🌟

Host : 👋Hello Chat , Welcome to another exclusive Crypto Talkz AMA❤️

Today we are also very pleased to have the Global Sales Director of Baanx with us to talk about their current development and progress! Hello @KieronBaanx 🙂

Kieron Cartledge : Hello everyone! its great to be here, thank you for having me!

Host : Welcome here! How is your day going so far?

Kieron Cartledge : How is my day… busy… as always. The joys of working in a forward thinking industry and business I think. How about yourself?

Host :Always great! 🙂

So, without making a delay…Let’s start our AMA with basic Introduction Segment 🙂

Kieron Cartledge: Sounds good to me 🙂

Introduction Segment

To begin with, please introduce yourself to our community and give us some of your background?

Kieron Cartledge:
I am Kieron Cartledge. Global Sales Director here at Baanx.

As the name may suggest, my job role involves all things sales – from managing sales operations and overseeing a project’s lifecycle to working closely with other departments to ensure client satisfaction.

With over 10 years’ worth of experience in sales, account management and recruitment, I have overseen multiple projects since the very beginning. I have also been with Baanx almost from the beginning. I have seen it grow from an idea to where we are now!

I think that about sums it up haha 😂

To get to know your project faster and better, could you briefly introduce Baanx to us?

Kieron Cartledge:
Of course I can. Baanx is a b2b2c crypto-as-a-service Web3 Fintech platform.

mouthful that is to say 😉 ⬆️

Our mission is to bring regulated products to unregulated crypto communities and to work with our partner communities to engage them in our services across cards, Cryptodrafts, loyalty, fiat on/off ramps, and wallets.

We are bridging the gap between fiat and crypto to enhance the Web3 world we live in today.

Baanx operates globally, in particular the UK and Europe, with a planned launch in the US with large partner communities including Ledger, Tezos, and other clients later this year.

First of all, we have many unique features not found with other providers, such as automatically linking to up to 5 of your crypto + fiat accounts so you never have to load your card. We were built from the ground up with 100% crypto in mind, not adapted from other banking or fintech products.

In addition, many crypto lenders are offshore and unregulated.

We have FCA approval and own stake in a USA bank (Maxwell Bank) which has been FDIC certified since 1943!

We have a number of UK (FCA crypto registered) and EU licences directly and via regulated partners.

Partnerships and cooperation are important for project improvement and development. Can you tell us about your current partners? Will this partnership benefit Baanx and users/investors?

Kieron Cartledge:
Great question.

And one of my favourite to answer

I could be here all day as we have close to 30 clients we are working with so I won’t be able to go into all of them! So I’ll hit on some of the ones I think the community will be more interested in hearing about, and who will allow us to speak about them 😊

I’ll start with Tezos!

Tezos is one of Baanx’s earliest investors, and we’ve continued to maintain a strong relationship. Together, we have recently launched the Tezos Crypto Life App, and will soon be releasing the TCL card.

The TCL App lets users enjoy the benefits of DeFi, with the full security and convenience of traditional finance. Users can buy, sell and exchange cryptocurrencies with no hidden fees, as well as access Fixed Term Cryptodrafts. This gives them 50% of the value of their Tezos wallet (interest starting from 0%), full control of how much they want to borrow and for how long, and free withdrawal of their collateral at any time.

We will also be launching the Tezos Crypto Life Card very soon — a secure and easy-to-use cryptocard which enables quick and seamless crypto spending* and integration of up to five crypto wallets at a time.

Secondly — Ledger

Highly acclaimed for their unique digital security system, we are extremely excited to be working with Ledger on their new card. 💳💳

Plus, to celebrate the launch of the CL card powered by Ledger, we’re giving away $100 USDT to three lucky winners! Here’s a few ways you can enter:

Follow Baanx_BXX on Twitter
Follow BaanxGroup on Twitter
Join Baanx_BXX on Telegram
Join our BXX Discord server
Follow Baanx_app on Instagram
Like the Baanx Group Facebook page
Follow Baanx Group on LinkedIn

But if you’re not aware of the CL card, let me break it down for you:

This new and avant-garde product offers a variety of cardholder benefits, including seamless crypto spending with instant conversion to fiat at the time of purchase, up to 2% cashback and Flexible and Fixed Term Cryptodrafts. 💰

We’re also planning on launching a crypto Paycheck 💸 feature, which will be announced soon.

We then have Reef! 🐠🐠🐡🐟

Another exciting project we’ve been working on is the Reef card. Reef is an EVM-compatible blockchain for smart contracts that offers low fees, high scalability and an excellent user experience.

Reef’s aim is to combine their ecosystem with a debit card through unique features.

Users can spend their $REEF tokens at over 40 million global merchants, and will only have their tokens converted to fiat when they use the card. 💳

Reef also aims to integrate its low fees by offering its users a free card, as well as plans to subsidise fees, create tiers and offer staking opportunities.

Full T’s and C’s for our giveaway campaign are available at:

I forgot to metion 🙂

And lastly, Could you please tell about the roadmap Baanx has completed so far and what the future holds?

Firstly, take a look at our updated product roadmap if you still haven’t. There’s a lot coming:

⚡️ DeFi customers go live with physical & virtual cards.

⚡️ Partnerships with DEX’s and CEX’s.

⚡️ Baanx will launch Tezos in the EEA and UK and Ledger in the EEA, UK and the US.

⚡️ Followed up by the launch of cards, wallets and secured interest-free Cryptodrafts in the United States.

⚡️Q3-Q4 2022 expansion to other locations.

Here you can find our updated Roadmap for $BXX in Ledger and Tezos:


BXX general roadmap 2022:


Twitter Segment

Q1. I read that you can send instant text messages of digital assets and Fiat currency exchanges with Baanx, but can these transactions be carried out internationally and without so many restrictions? Or will it only work for shipments from the same location?

Kieron Cartledge:
You can its called TextBit

TextBit is simple. Simply go into the “send” function of the platform and it will give you the option to send via wallet address or telephone number. From there, select the phone number.

If you are in the app, you can do it directly from your phonebook or with the version 2 (coming to Ledger), you will be able to type the number manually. If the person you are sending to has a wallet, they will receive a text message informing them that they’ve received funds, how much and who from.

If they don’t have a wallet but have an account, it will create the wallet for them. If they don’t have an account (so no wallet either), they’ll receive a download link explaining that someone (like, say, Kieron Cartledge for example) is sending them funds.

They will then need to click the download link to create an account to receive their funds. The recipient then creates an account using the same telephone number and the wallet will be created. And there you have it!

TextBit – the future of sending cryptocurrency for free. The staking of BXX helps to power this functionality by covering the wallet creation fees. 🚀

il give everyone a min to ready but done 🙂

Q2. One thing that caught my eye as BAANX aims is to bridge the gap between fees and crypto. Can people spend crypto like visa with their cards? Will I be able to transfer my digital assets to my card and transfer them to crypto or local currency with BAANX?

Kieron Cartledge:
Excellent question.

This is what all Baanx native and partnership products are about.

Our fintech,Web3 focused products offer users the ability to:
BUY, SELL, SEND, SWAP, RECEIVE, TEXT, LOAN, STAKE and SPEND your digital assets all in one place.

Whether you want to HODL your tokens alongside BXX and BTC or spend it, you can do it all in one of our easy-to-use applications, such as the native Baanx App, Tezos Crypto Life App or the upcoming Ledger CL App or any of our partners for that matter 😊

Q3. Every successful project has some form of global expansion plans because that’s the only way you can reach more people and generate good revenue, in the case of @BaanxGroup and @Baanx_BXX can you tell us your plans to reach other markets outside Europe?

Here at Baanx, we are thinking very big and ambitiously. We believe you have to.

We have big partnerships coming out, such as Tezos (now live in 6 countries — and Ledger (over 250,000+ have signed up so far!). 💳

We have new services in the making, including Cryptodraft and our unique managed service. 💰

We will be able to push many of our services and of course, crucially BXX, on critical functionality into these as well. 🔥

Firstly, take a look at our updated product roadmap if you still haven’t. There’s a lot coming:

⚡️ DeFi customers go live with physical & virtual cards.

⚡️ Partnerships with DEX’s and CEX’s.

⚡️ Baanx will launch Tezos in the EEA and UK and Ledger in the EEA, UK and the US.

⚡️ Followed up by the launch of cards, wallets and secured interest-free Cryptodrafts in the United States.

⚡️Q3-Q4 2022 expansion.

Q4. As a project that bridges the gap between traditional finance and Defi, you have to secure some form of licensing so can you explain to us what license you have secured and how it helps to apeace the government and yet keep the elements of Defi intact?

Kieron Cartledge:
Remember, we are at infancy stage, so I see a lot of sustained growth.

We have multiple agreements and partnerships with many regulated entities, and have our own licences and registrations with various govt. bodies and entities.

We will be adding to our global licences all the time and in many global jurisdictions.

We have access to a UK credit broking licence, and access to EMI (Electronic Money Institute) licences in the UK & EU. We can officially issue crypto friendly Visa, Mastercards, and China Union Pay cards.

Our wallets (cold storage) are insured to $100m through non fault loss. We received approval for crypto assets under the FCA regime in the UK. For compliance, we have a world class team in the USA, EU, and use AI as part of the KYC/AML processes.

Q5. The staking program is very important for every project, ? Does have any plans to start a staking program?

Kieron Cartledge:
This is the reason we already offer staking for the BXX token in the Baanx App, in which users can earn rewards of up to 25% APY. So even when the market is down, you can still be earning.

We also have a partnership with the Tezos Foundation who are our client and investor (we enable up to 10% ‘free’ money for Tezos holders) for those staking BXX in Tezos Crypto Life App.

When speaking with our partners we try to add staking of BXX into each of them. We are working on staking projects right now that have BXX and some of our partner coins together in one place.

Telegram Live Segment

To use the Service and Products of your platform Is I have to Expert in the BLOCKCHAIN and CRYPTO Or any New or Non-Crypto User also Join the Platform and Use it ?

Fantastic question this one. I would like to say it depends on the platform you join. So Baanx as you know has native apps an partner apps as welll as intigrations into partners.

I would say the Baanx, CL and Tezos applications are very user friendly and easy to use for anyone who is not the most apt with the crypto or blockchain industry.

I would echo this with some of our other clients and partners too.

I also think that some of our partners are suited ot those who are more crypto understanding.

We here at Baanx and most if not all of our partners love to edcate users on the crypto space too so even if your not a “crypto wizzkid” you can still benefit.

For Building any Fintech business,
Anyone needs hell Lot of Resources as well as the services,
Can They be dependent on Baanx for all the services?

So if you are a fintech looking to build something in the crypto and web3 space Baanx is deffinately one of the easiest to use.

We look after EVERYTHING for them partner from the on-boarding of the user to custodying, licences, issuing etc.

Completely managed service including customer support!

We are updating our website but can give more insight or hit me up on telegram 🙂

As Bannx is based is UK & In UK, there is some strict rules & Regulation around the crypto project, Can You share about the various Process of regulation?

Baanx is one of only a few businesses who oporate out of the UK to have a full FCA crypto asset licence.

We are also in the process of gaining further regulation in the USA and are the third largest stakholder in Maxwell State Bank.

For the EEA we have full permission under the emoney regulation as well as working on being regulated in as many regions of the EU as we need to.


There is a new BXX smart contract which can be found here

Can you explain, which one is your top priority? Security, Product, Partnership, or Token price?
Thank you so much for answering my valuable question sir 👆👆

EVERYTHING on this list is important. They all link together.

If we have a good product that has great Security that we can impliment into amazing clients this will drive the price of BXX along with the utility.

Host : Thanks for diving us deeper unto Baanx. Chat thanks also for those great questions.

It’s time for Wrapping Up, any other things you want to share with the community? @KieronBaanx 🙂

Kieron Cartledge : thank you for having me everyone 🙂

📌 Here below are links for you to get the latest update about Baanx

Twitter: Baanx and Baanx BXX

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