Net Savings Link Inc. (OTC:NSAV) Stock Surges 35%: What’s the Buzz?

The recent price action in Bitcoin and other cryptocurrencies has led to considerable interest in listed companies involved in the sector. One of the companies that could be worth tracking at this point is Net Savings Link Inc. (OTC:NSAV), a cryptocurrency, blockchain, and digital asset technology firm. Yesterday, the company came into focus after it announced a major new milestone for its CEX Exchange.

The company revealed that thanks to its marketing collaboration with (MADA), the exchange had been able to add in excess of 500,000 new users, thereby boosting its market presence considerably. In light of the announcement, it could be a good move for investors to go into the update a bit more deeply. Net Savings Link announced that from May 13 through the morning of May 14, it had added as many as 186,819 new accounts, bringing the total number of new account additions through its marketing partnership with MADA to 535,597.

However, that was not all. The company also announced that, other than user growth, the platform had also expanded its capabilities related to withdrawal, trading, and deposit to offer support for newer crypto assets like ASTR, ETN, XEC, OM, and VET. Additionally, the fiat transaction capabilities of the platform have also been significantly boosted. The platform now provides support for deposits and withdrawals in AUD, MXN, TRY, USD, AED, EUR, GPB, BRL, CAD, and HKD. The company went on to reveal that it was also working on a test with regards to a FIAT offramp and onramp, in addition to credit card onramp integration. Such capabilities would provide the exchange with the ability to compete on a stronger footing on the global stage and also meet the varied demands of its fast-growing user base. It remains to be seen if the Net Savings Link stock gets any action today or not.