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OKX’s Eighth Proof of Reserves Shows $11.3B in BTC, ETH, and USDT

June 28, 2023
in Crypto Exchanges
Reading Time: 1 min read
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The submit OKX’s Eighth Proof of Reserves Reveals $11.3B in BTC, ETH, and USDT appeared first on Coinpedia Fintech Information

OKX, the second-largest crypto change, revealed its eighth consecutive month-to-month Proof of Reserves (PoR) exhibiting balances of $11.3 billion in BTC, ETH, and USDT. The PoR covers 22 digital belongings and divulges OKX’s reserve ratio exceeding 100% for eight months. The vast majority of reserves are saved in off-chain chilly storage for enhanced safety. Present reserve ratios are BTC: 103%, ETH: 103%, and USDT: 103%, reinforcing OKX’s transparency and reliability within the crypto business.

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