Net Savings Link, Inc., a cryptocurrency, blockchain and digital asset technology company, announced the listing of its NSBC Token on Korean based, VAEX Cryptocurrency Exchange. VAEX is a Centralized Cryptocurrency Exchange (CEX) regulated in the United Arab Emirates (UAE). The NSBC Token commenced trading on the VAEX Exchange at 9:00 AM EST this morning.
The NSBC is the native token for the NSAVDEX Decentralized Cryptocurrency Exchange and is powered by OKEx Chain Protocol. OKEx Exchange ranks third in terms of 24 hour trading volume for Centralized Cryptocurrency Exchanges. The NSBC is a utility token, whose primary functions are yield farming and staking, plus a variety of additional functions
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After the recent trendsetting accomplishments by Uniswap, NSAV management believes now is the perfect time to list its DEX Native Token on the VAEX Exchange. Uniswap, the globe’s largest Decentralized Cryptocurrency Exchange, had its Native Token (UNI) hit $140 in market capitalization only 7 hours after its launch. Recently, UNI reached a market capitalization of over $15 billion and a new all-time high of over $26.00.
Min Jae-sung, Chief Executive Officer of VAEX stated, “We are thrilled and honored to be able to work with NSAV’s management and I was extremely impressed with their skill set and vision in the blockchain world. VAEX is regulated in the UAE and is a full service CEX in Korea.”
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are excited to list our NSBC token on the VAEX Exchange today. We wish to thank the team at Silverbear Capital for their assistance in fast-tracking this listing. We also look forward to enhancing the services on our DEX Exchange.”
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