VANCOUVER, British Columbia, July 20, 2018 (GLOBE NEWSWIRE) — GAR Limited. d/b/a/ Netcoins (“NETC” or the “Company“) (CSE:NETC) is pleased to announce that it has completed over $2 million in transactions in a single day. The $2 million daily transaction is another key milestone for the Netcoins business as we continue to attract crypto miners, crypto funds and institutional investors to use our services alongside our retail customer base.
In early July 2018, Netcoins completed its first $1 million daily transaction and very quickly we have exceeded that with a $2 million daily transaction milestone. We have now surpassed $5.5 million in transactions thus far in the current month of July.
“Our business continues to evolve quickly, and the global crypto relationships we have spent the past months establishing are paying off when crypto volumes spike up or down and clients need liquidity,” said Netcoins CEO, Mark Binns. “There is a lot of noise in the industry. Being a public company that is audited, trustworthy and stable continues to attract interested clients who need the white glove service that we can provide.”
About the Company
The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations in Canada, Europe and Australia and an Over-The-Counter (OTC) trading desk accessible globally.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
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Cautionary Statement Regarding “Forward-Looking” Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.