NSAV Announces December 23 Launch Of Second Decentralized Cryptocurrency Exchange, To Be Deployed On Binance Smart Chain, Further Expanding Presence In Booming Global Cryptocurrency Market

By AIT News Desk On Dec 20, 2021

Net Savings Link, Inc. a cryptocurrency, blockchain and digital asset technology company, announced that the launch of its second Decentralized Cryptocurrency Exchange (DEX) will take place on December 23, 2021 and be deployed on Binance Smart Chain (BSC) , further expanding the Company’s presence in the $2 trillion global cryptocurrency market. Binance is the world’s largest centralized cryptocurrency exchange and using Binance protocol is a major advantage for NSAVDEX 2. The NSAVDEX 2 marks another major milestone for the NSAV ECOsystem and will provide our users with a colony range of DEX services. The NSAVDEX 2 will have among the highest technical specifications and standards in the DEX industry and provide users with an unparalleled experience.

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 t******************* (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.

The NSAVDEX 2 is proud to announce the use of 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.

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.

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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 $78 billion. The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry and believe the Company can compete in the global DeFi arena.

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 upcoming launch of our second NSAVDEX Exchange, the NSAVDEX 2, and demonstrating 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.

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