Not too long ago the cryptocurrency, digital asset and blockchain technology company Net Savings Link Inc (OTCMKTS:NSAV) was in considerable focus among investors. However, after having recorded a significant decline last week, the stock was quite volatile on Monday.
Despite the volatility in the stock, the company did make a major announcement yesterday and investors could do well to take a look at it. Net Savings Link announced yesterday that it is planning to launch its own DEX or Decentralized Cryptocurrency Exchange soon. The company expects that the exchange is going to be fully operational in the next 45 to 60 days.
In this regard, it should be noted that last week the company had successfully launched its own centralised cryptocurrency exchange. More importantly, just like it was the case with the centralised crypto exchange, the DEX is also going to be owned by the company in its entirety.
It is a major development for the company considering the fact that following the launch of the DEX, Net Savings Link is going to have two cryptocurrency exchanges under its control. Considering the sort of growth that has been enjoyed by crypto exchanges in recent years, the latest development could well prove to be a long term bosot for Net Savings Link.