GAR Limited d/b/a/ Netcoins (CSE: NETC) recently announced that it has successfully completed $1 million in transactions in a single day. The news marks a momentous achievement for the revenue focused company. For comparison, the company achieved $33,000 worth of transactions for the entire month of January 2017. The company also announced, in contrast to its humble beginnings, that it has exceeded $3.3 million in transactions in the first 9 business days of July. “From $33,000 in a month, to over $14 million in 2017, and now our first $1 million of transactions in a single day, we continue to execute and deliver on our growth goals and strategy,” Netcoins CEO Mark Binns stated in the news release. “Our retail business is driving revenue and enabling coin listing revenues while our OTC business is quickly becoming a driving force of our business. Our OTC target customer base includes crypto miners, crypto hedge fund managers, crypto brokers, high net worth individuals and so called “crypto whales” who need a fast, convenience and trustworthy way to buy and sell large amounts of crypto – and they are turning to Netcoins to fulfil this need. As a public company that is audited and regulated, we represent a safe and secure option for institutional clients while also being fast and nimble, which is highly valued in the quickly moving crypto space. We will also issue ongoing revenue updates as new milestones are reached in real time.”
To view the full press release, visit http://nnw.fm/cGo7T
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. For more information, visit the company’s website at www.gonetcoins.com.
More from NetworkNewsBreaks
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.networknewswire.com
New York, New York