NSAV ANNOUNCES LAUNCH OF SECOND DECENTRALIZED CRYPTOCURRENCY EXCHANGE, TO BE DEPLOYED ON BINANCE SMART CHAIN, FURTHER EXPANDING PRESENCE IN $2 TRILLION GLOBAL CRYPTOCURRENCY MARKET
Net Savings Link, Inc. (NSAV) has launched its second Decentralized Cryptocurrency Exchange (DEX), NSAVDEX 2, on Binance Smart Chain. This platform enhances NSAV's presence in the $2 trillion cryptocurrency market. NSAVDEX 2 boasts advanced features, including a transaction capacity of up to 10,000 transactions per second and the ability to trade multiple digital assets. The launch represents a significant milestone for NSAV, indicating its commitment to expanding its ecosystem and competing in the global DeFi space.
- Launch of NSAVDEX 2 on Binance Smart Chain expands market presence.
- Platform supports up to 10,000 transactions per second, enhancing trading efficiency.
- Offers a wide range of DEX services, including trading, staking, and liquidity mining.
- None.
London, England, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that it has launched its second Decentralized Cryptocurrency Exchange (DEX) https://nsavdex.io which is deployed on Binance Smart Chain (BSC) https://www.binance.org/en/smartChain , further expanding the Company’s presence in the
Danny Lau, NSAV Director, Head of Blockchain Operations and Silverbear Capital partner stated, “We are proud to announce that the NSAVDEX 2 is using Binance Smart Chain, which has dual-chain architecture and empowers its users to build their decentralized apps and digital assets on one blockchain and take advantage of the fast trading to exchange on the other.”
NSAVDEX 2 is a permissionless fully decentralized exchange (DEX) platform. With NSAVDEX 2 you can Trade, Stake, and Liquidity mining. NSAVDEX 2 has 1 second finality and can support up to 10,000 transactions per second (TPS). The NSAVDEX 2 decentralized exchange will be governed by the community (governance details to be announced) and users are able to trade digital market assets, play Lottery and prediction, and earn passive income by referral programs, subject to our terms and conditions (please inquire via our DEX Telegram). NSAVDEX 2 is scalable, and individuals can access unlimited markets with the NSAVDEX 2 exchange. The NSAVDEX 2 has Inter-Blockchain Technology (IBC) in its protocol. Besides Spot Products pair, more derivative pair such as Futures, Options, Perpetual contracts, Crypto Funds, Crypto Indies, and trade NFT’s. One platform for all Crypto products.
Highlights of Binance Smart Chain:
Ethereum Virtual Machine (EVM) Compatible:
Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
Proof of Staked Authority (PoSA) Consensus Mechanism:
Method of verifying transactions that reduces fees. Binance Smart Chain is an innovative solution to bring programmability and interoperability to the Binance Chain. Binance Smart Chain relies on a system of 21 validators with PoSA consensus that can support short block time and lower fees.
Cross-Chain Transfer:
Ability to move between different blockchains. Binance Smart Chain comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
Binance Smart Chain's Block Time:
Binance Smart Chain’s 3 second Block Time is the length of time it takes to create a new block in a cryptocurrency blockchain. A block is verified by miners, who compete against each other to verify the transactions and solve the hash, which creates another block.
The combined total of all DEXes is surging at the moment as the demand for DeFi has remained resilient. September’s volume alone exceeded
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “Today again marks another important milestone for NSAV. Management has been extremely busy with the task of building the NSAV ECOsystem and today we celebrate the launch of our second NSAVDEX Exchange, the NSAVDEX 2, and demonstrate once again, our dynamic strategy. The Company would like to thank everyone who assisted in completing this project in a timely manner and of course, our loyal shareholders for their continued patience and support. Finally, we would like to thank the digital asset team at Silverbear Capital for their strategic perspective and advice.”
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/nsavtech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
The NSAVDEX 2 Exchange website can be accessed at https://nsavdex.io/
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
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a leading, global investment banking firm, will be advising NSAV on strategic matters relating to the Company’s cryptocurrency exchanges and OTC Crypto Trading Desks. Silverbear will also help guide NSAV in ensuring that its exchanges and OTC Desks are continually in compliance, given the rapidly increasing regulatory environment in the cryptocurrency industry.
Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/.
Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.
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 - NSAV ANNOUNCES LAUNCH OF SECOND DECENTRALIZED CRYPTOCURRENCY EXCHANGE "NSAVDEX 2"
- $NSAV - NSAV ANNOUNCES LAUNCH OF SECOND DECENTRALIZED CRYPTOCURRENCY EXCHANGE "NSAVDEX 2"
- $NSAV - NSAV ANNOUNCES LAUNCH OF SECOND DECENTRALIZED CRYPTOCURRENCY EXCHANGE "NSAVDEX 2"
FAQ
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