NSAV to Host its Second Decentralized Cryptocurrency Exchange ON Binance Smart Chain
Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain, and crypto currency tech firm, has revealed the launch of its second Decentralized Cryptocurrency Exchange (DEX), which is hosted on the Binance Smart Chain (BSC), further widening the Company’s existence in the $2 trillion international cryptocurrency space. Net Savings Link, Inc. is a cryptocurrency, blockchain, and crypto assets software company.
Binance is the world’s biggest centralized cryptocurrency exchange, and NSAVDEX 2’s use of the Binance protocol provides a significant competitive edge. The NSAVDEX 2 is yet another significant stage in the development of the NSAV ECOsystem, and it offers our consumers with a colony-wide variety of DEX solutions.
Its technological specs and norms is one of the most stringent in the DEX sector, and it provides customers with an unrivaled customer experience. At some point in the future, the Company intends to offer an extensive range of functions, such as software products, e-commerce, financial capabilities, consulting services, and information technology to its customers.
“We are thrilled to confirm that the NSAVDEX 2 will be powered by the Binance Smart Chain, which has dual-chain framework and allows programmers to create their decentralized applications and cryptos on one blockchain while getting the benefit of the rapid trading to swap on the other,” said Danny Lau, NSAV Director, Head of Blockchain Operations, and Silverbear Capital partner.
NSAVDEX 2 is a permissionless completely decentralized exchange (DEX) platform that operates on the Ethereum blockchain. When using NSAVDEX 2, you may buy and sell, stake, and mine for liquidity. This second generation exchange has a one second completion time and can accommodate up to 10,000 transactions per second (TPS).
User can buy and sell digital market assets, participate in lotteries and predictions, and receive passive income through referral programs on the NSAVDEX 2 decentralized exchange, which will be administered by the community (specifics on governance will be officially unveiled soon), bound by the terms and circumstances of the exchange .
With its scalability, the NSAVDEX 2 exchange allows users to get access to a limitless number of marketplaces. The NSAVDEX 2 protocol includes Inter-Blockchain Technology (IBC), which is a kind of blockchain technology. Additionally, additional derivative pairs like as futures, options, perpetual agreements, cryptocurrency funds and cryptocurrency indies, as well as trading NFT’s are available. All cryptocurrency items are housed on a single platform.
The cumulative sum of all DEXes is increasing at the present, owing to the continued high demand for DeFi and other services. The month of September alone saw a total volume of more than $78 billion. The company’s leadership and collaborators are innovators in the Digital Asset and Blockchain industries, and they think that the company has what it takes to succeed in the global DeFi marketplace.
“Today represents yet another significant milestone in the history of NSAV,” said Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and a Silverbear Capital partner.
NSAV ECOsystem construction has kept administration incredibly busy, and today we commemorate the introduction of our second NSAVDEX Exchange, the NSAVDEX 2, which demonstrates, yet again, the company’s forward-looking philosophy. The Company would like to express its gratitude to everybody who contributed to the successful completion of this initiative on schedule, as well as to our faithful shareholders for their continuing patience and support. “For the record, we’d like to express our gratitude to the crypto currency team at Silverbear Capital for their pragmatic point of view and guidance.”