London, England, Dec 23, 2021 (GLOBE NEWSWIRE) - Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today that it has launched its second Decentralized Cryptocurrency Exchange (DEX) https://nsavdex.io which is implemented on Binance Smart Chain (BSC) https://www.binance.org/en/smartChain , further expanding the Company's presence in the $ 2 trillion global cryptocurrency market. Binance is the world's largest centralized cryptocurrency exchange and the use of the Binance protocol is a great advantage for NSAVDEX 2. The NSAVDEX 2 marks another important milestone for the NSAV ECO system and provides our users with a colony range of DEX services. The NSAVDEX 2 has one of the highest standards and technical specifications in the DEX industry and provides users with an unmatched experience.
Danny Lau, Director of NSAV, Head of Blockchain Operations and Partner at Silverbear Capital stated: โWe are proud to announce that NSAVDEX 2 is using Binance Smart Chain, which has a dual-chain architecture and allows its users to build their decentralized and active applications. on one blockchain and take advantage of fast trading to trade on the other. "
NSAVDEX 2 is a fully decentralized, permissionless exchange (DEX) platform. With NSAVDEX 2 you can trade, gamble and mine liquidity. NSAVDEX 2 has a 1-second purpose 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 can exchange digital market assets, play lottery and prediction, and earn passive income through referral programs, subject to our terms and conditions (consult through our DEX Telegram). NSAVDEX 2 is scalable and people can access unlimited markets with the NSAVDEX 2 exchange. The NSAVDEX 2 has Inter-Blockchain technology (IBC) in its protocol. In addition to the spot product pair, there are more derivative pairs such as futures, options, perpetual contracts, crypto funds, crypto indies, and trading NFTs. One platform for all Crypto products.
Binance Smart Chain Highlights:
Compatible with Ethereum Virtual Machine (EVM):
Supports all existing Ethereum tools along with faster finality and cheaper transaction fees.
Proof of Staked Authority (PoSA) Consensus Mechanism:
Transaction verification method that reduces fees. Binance Smart Chain is an innovative solution to bring programmability and interoperability to Binance Chain. Binance Smart Chain is built on a system of 21 PoSA consensus validators that can support a 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 a fast and smooth user experience.
Binance Smart Chain lock time:
Binance Smart Chain 3-second block time is the time it takes to create a new block on a cryptocurrency blockchain. One block is verified by miners, who compete with each other to verify transactions and resolve the hash, creating another block.
The combined total of all DEXs is increasing at the moment, as the demand for DeFi has remained resilient. The September volume alone exceeded $ 78 billion. NSAV management and its partners are pioneers in the Blockchain and Digital Assets industry and believe that the Company can compete in the global DeFi arena.
Dato 'Sri Desmond Lim, Acting CEO and Senior Vice President of Cryptocurrency Operations at NSAV and Partner at Silverbear Capital stated, โToday again marks another important milestone for NSAV. Management has been extremely busy with the task of building the NSAV ECOsystem and today we celebrated the launch of our second NSAVDEX Exchange, the NSAVDEX 2, and demonstrated once again our dynamic strategy. The Company wishes to thank everyone who helped complete this project in a timely manner and, of course, our loyal shareholders for their continued patience and support. Finally, we would like to thank Silverbear Capital's digital assets team for their strategic insight and advice. "
NSAV's vision is the establishment of a fully integrated technology company, providing turnkey technology 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 more information, 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 advise NSAV on strategic matters related to the Company's cryptocurrency exchanges and OTC cryptocurrency trading desks. Silverbear will also help guide the NSAV in ensuring its exchanges and OTC Desk are continuously compliant, given the rapidly growing regulatory environment in the cryptocurrency industry.
Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad business and practical level. SBC has a strong group of partners in a wide range of disciplines with backgrounds in finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/.
Disclaimer: Silverbear Capital Inc. does not constitute investment advice, nor an offer or solicitation of sale, nor a solicitation of purchase, nor any other investment product (nor shall such shares or products be offered or sold to any person) in no jurisdiction. where an offer, solicitation, purchase or sale would be illegal 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 by it. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to the ability of Net Savings Link, Inc. to comply with its stated business plan. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained in this document are reasonable, any assumptions could be inaccurate, and therefore there can be no guarantee that the forward-looking statements included in this press release prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included in this document, the inclusion of such information should not be considered a representation of Net Savings Link, Inc. or any other person.
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Net Savings Link, Inc.
info@nsavholdinginc.com
