NSAV Announces a Definitive Acquisition Agreement for Centralized Cryptocurrency Exchange (CEX)

Rhea-AI Summary

Net Savings Link, Inc. (OTC: NSAV) has signed a definitive acquisition agreement for AWC Centralized Cryptocurrency Exchange. AWC holds approximately $1.5 billion in USDT deposits and serves over 2,000 active wallet traders. The exchange anticipates a monthly income of $1.5 million with 5,000 users and $7.5 million with 10,000 users based on projected trading volumes. NSAV aims to develop a fully integrated tech company offering diverse services in the cryptocurrency sector, leveraging this acquisition for growth.

Positive

• Acquisition of AWC Centralized Cryptocurrency Exchange expected to enhance market presence.
• AWC's substantial deposit of $1.5 billion provides a strong financial foundation.
• Projected significant monthly income growth based on user acquisition.

Negative

• None.

London, England, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has signed a Definitive Acquisition Agreement for AWC Centralized Cryptocurrency Exchange (AWC) https://awcexchange.com/. AWC currently has approximately $1,500,000,000 USDT Dollar Value On Deposit. The exchange can list both ERC-20 and BEP-20 tokens. AWC has over 2,000 active wallet traders.

In addition, AWC management projects that once the exchange reaches 5,000 users, based on $100 average daily trading per user, the estimated monthly income will be $1,500,000. At 10,000 users, based on $250 average daily trading per user, the estimated monthly income will be $7,500,000. The existing AWC management will continue to operate the exchange to ensure both continuity and a high standard of service.

The management of NSAV released the following statement, “As our shareholders are aware, it has been a long-standing goal of the Company to acquire an operating CEX. We were thrilled to see the excitement among NSAV shareholders and the market in general, in the weeks leading up to the formal signing of this deal.”

NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information, please contact NSAV at; info@nsavholdinginc.com

The NSAV Twitter account can be accessed at; https://twitter.com/nsav_tech  

The NSAV corporate website can be accessed at; http://nsavholdinginc.com   

The NSAV Centralized Cryptocurrency Exchange (CEX) website can be accessed at; https://ex.nsavexchange.com/main 

The NSAVDEX 1 Exchange website can be accessed at; https://nsavdex.org/#/home   

The NSAV NFT Marketplace website can be accessed at; https://nsavnft.com/ 

The NSAV Premium OTC Crypto Trading Desk website can be accessed at; https://nsavholdinginc.com/otc-desk/  

The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at; https://hkotc.co/  

The NSAVDEX Exchange Telegram account can be accessed at; https://t.me/NSAVDEXorg 

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact
Net Savings Link, Inc.
info@nsavholdinginc.com  

Attachments

• NSAV Announces a Definitive Acquisition Agreement for Centralized Cryptocurrency Exchange (CEX)
• NSAV Announces a Definitive Acquisition Agreement for Centralized Cryptocurrency Exchange (CEX)
• NSAV Announces a Definitive Acquisition Agreement for Centralized Cryptocurrency Exchange (CEX)
• NSAV Announces a Definitive Acquisition Agreement for Centralized Cryptocurrency Exchange (CEX)

FAQ

What is the significance of NSAV's acquisition of AWC?

The acquisition of AWC Centralized Cryptocurrency Exchange is expected to enhance NSAV's market presence and generate substantial monthly revenue.

How much does AWC have in USDT deposits?

AWC currently holds approximately $1.5 billion in USDT deposits.

What are the projected earnings for AWC with increased users?

AWC projects a monthly income of $1.5 million with 5,000 users and $7.5 million with 10,000 users based on estimated trading volumes.

What services does NSAV plan to offer in the future?

NSAV plans to provide a range of services including software solutions, e-commerce, financial services, advisory services, and IT solutions.