VANCOUVER, British Columbia, April 09, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has begun processing both buy and sell-side transactions in Ethereum, Ripple, Bitcoin Cash and Litecoin via private brokerage service.
Netcoins enables the sale of Bitcoin through its software at retail outlets, through individual agents and directly to private brokerage clients purchasing in large quantities. With this advancement, Netcoins has expanded the private brokerage business to service four more major cryptocurrencies beyond Bitcoin.
“As a precursor to enabling our retail locations to transact in multiple currencies, we have expanded the Netcoins offering within our private brokerage. This is a milestone event for Netcoins, and meets a significant market need for sophisticated cryptocurrency buyers, sellers and investors. This is a 2-in-1 upgrade, whereby we now offer direct sell-side transactions and also access to a broader array of major currencies for our valued customers,” said Netcoins CEO, Mark Binns. “We look forward to bringing these currencies and sell-side capability to our retail level distribution points over the coming months as well.”
About the Company
The Company is in the business of developing software to better facilitate the purchase and sale of bitcoin for end-users. Netcoins enables the sale of bitcoin through its software at retail outlets, through individual agents and directly to clients purchasing and selling in large quantities.
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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.