VANCOUVER, British Columbia, Aug. 10, 2018 (GLOBE NEWSWIRE) -- GAR Limited d/b/a/ Netcoins (“NETC” or the "Company") (CSE: NETC) (OTC: GARLF) is pleased to announce that it has listed Litecoin, available for immediate purchase, via our OTC Private Brokerage Services business and our 21000+ retail locations in Australia, Europe and Canada. To purchase Litecoin now, please contact Netcoins at (844)-515-COIN or OTC@goNetcoins.com.
Litecoin is currently #7 by market cap for cryptocurrencies. The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation.
“Adding Litecoin to our growing retail network and OTC software will further drive top line transactional revenues and net revenues as well,” said Netcoins CEO, Mark Binns. “Every time we list a coin, we give our resellers and OTC desk another product to sell, and it allows us to tap into another segment of buyers. Further, the network effect of having a growing number of coins available to our community is having a positive impact on the attractiveness of our platform and its value to crypto traders and investors.”
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.
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.