NSAV ANNOUNCES IT’S ON SCHEDULE FOR MONDAY’S LAUNCH OF CRYPTOCURRENCY EXCHANGE

Rhea-AI Summary

Net Savings Link, Inc. (OTC Pink: NSAV) is set to launch its own Cryptocurrency Exchange on August 9, 2021, marking its entry into the $2 trillion cryptocurrency market. This move positions NSAV as only the second U.S. publicly traded company to own a cryptocurrency exchange, following Coinbase's IPO, which valued it over $85 billion. The management believes their expertise will help avoid legal issues seen with competitors like Coinbase and Binance. Additionally, they aim to tap into the significant Chinese market, leveraging their team's experience in the blockchain industry.

Positive

• Launch of Cryptocurrency Exchange expected to enhance market presence.
• Positioning as the second U.S. publicly traded company in this sector.
• Management's experience in blockchain and cryptocurrency could mitigate regulatory risks.

Negative

• None.

London, England, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company is on target for Monday’s (August 9, 2021) launch of its wholly-owned Cryptocurrency Exchange, which will carry the NSAV brand name. The launch will officially mark the Company’s entrance into the $2 trillion global cryptocurrency market and make NSAV only the second U.S. publicly traded company to own a Cryptocurrency Exchange, following the Coinbase https://www.coinbase.com/ IPO in April, which valued Coinbase at over $85 billion.

The Company believes that it possesses the expertise and skill set to avoid the legal and regulatory problems that have recently plagued Coinbase and Binance.

The management of NSAV believes that the Company can capture a significant share of the massive Chinese cryptocurrency market, given the expertise of its management and strategic partners. Presently, the Huobi Cryptocurrency Exchange https://www.huobi.com/en-us/ has a 24-hour trading volume of over $6 billion and 40% of its users are from China. Huobi is number 3 globally in daily revenue at $2.29 million, behind only Upbit https://sg.upbit.com/home $3.42 and industry leader, Binance https://www.binance.com/en at $3.48 million.

NSAV has added a countdown timer to its corporate website, https://nsavholdinginc.com/ in order to keep shareholders apprised of exactly how much time remains until the official launch of our Cryptocurrency Exchange.

The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry. The team is led by NSAV Director, Mr. Yuen Wong. Mr. Wong is also the CEO of LABS Group Limited https://labsgroup.io, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance.

As one of the founders of Bitmart Cryptocurrency Exchange, Mr. Wong helped guide BitMart in becoming a premier global digital asset trading platform, with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. Bitmart’s platform supports over 220 cryptocurrencies and has a 24 hour trading volume of approximately $2 Billion.

The management of NSAV released the following statement, “We are truly pleased to be able to provide weekly updates to our shareholders and be on target for the launch of our very own Cryptocurrency Exchange.”

NSAV's vision is the establishment of a fully integrated technology company that 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, advisory services, financial 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/nsavtech

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

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

FAQ

What is the launch date for NSAV's Cryptocurrency Exchange?

NSAV's Cryptocurrency Exchange is set to launch on August 9, 2021.

What market does NSAV aim to enter with its Cryptocurrency Exchange?

NSAV aims to enter the $2 trillion global cryptocurrency market.

What is NSAV's position in comparison to Coinbase?

NSAV will be the second U.S. publicly traded company to own a Cryptocurrency Exchange, after Coinbase.

What is the expected impact of NSAV's launch on the Chinese cryptocurrency market?

NSAV plans to capture a significant share of the Chinese cryptocurrency market due to its management's expertise.