NSAV Confirms Plans To Launch New Crypto Exchange This Week – Cryptovibes.com – Daily Cryptocurrency and FX News
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NSAV, a cryptocurrency, blockchain, and digital asset technology firm, has confirmed a ready plan to launch its second wholly-owned crypto exchange platform this week. The company confirmed its ready plan to launch its second NSAV cryptocurrency exchange (NSAVDEX-2) on December 23, 2021.
Unlike its first crypto exchange version (NSAVDEX), the new platform has been integrated with BSG technology to offer fast transactions and enhance security in its operations.
While commenting on new crypto developments, Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV 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”.
However, the upcoming development is part of NSAV’s strong desire to offer the best crypto solutions for her United Kingdom users. Earlier this year, the company established a virtual market using its first wholly-owned decentralized exchange (NSAVDEX) to expand crypto exposure to its fans.
According to the report, the upcoming NSAVDEX-2 will have the highest specifications and standards in the DEX sector, including fast transaction speeds.
In that case, users will not have to wait for more than a second to transfer their holdings. The new protocol will process over 10,000 transactions per second.
NSAV Follows Binance In Adopting BSC Technology
NSAV appears to be following in the lead set by Binance, one of the most successful cryptocurrency exchanges, which similarly adopted BSC technology in its protocol.
The new technology integration will enable NSAVDEX-2 to offer its users quality and more secure exchange services. Interestingly, the incorporated BSC tech is also currently adopted by notable protocols, including Ethereum Virtual Machine (EVM) and many other options in POSA.
This technology will also allow the formation of non-fungible tokens (NFTs), DeFi solutions, and Metaverse options. According to NSAV, its second version (NSAVDEX-2) may entirely outperform its first version.
Meanwhile, with the newly designed and sophisticated crypto exchange set to go live this week, the general crypto prices have plunged by 2% to 4% per token in the past 24 hours.
According to CoinGecko, the flagship crypto is currently exchanging hands at $48,800. But, these prices may sharply increase as soon as NSAVDEX-2, also expected to increase crypto adoption, goes live later this week.
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