OKX Proof of Reserves: $7.5B Strong in Bitcoin, Ethereum & USDT

Is your crypto safe? OKX is taking transparency seriously. As the world’s second-largest crypto exchange by trading volume, OKX recently published its third monthly Proof of Reserves (PoR), demonstrating a commitment to user security. Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin ($65,660.00 ) (BTC), Ether (ETH) and Tether (USDT) as part of its monthly proof-of-reserves (PoR) report. This report gives users confidence knowing their assets are backed by substantial reserves.

What does the OKX Proof of Reserves mean for you?

Popular crypto exchange OKX released its third Proof-of-Reserves (PoR), in which it revealed holding “clean assets” worth $7.5 billion in BTC, ETH, and USDT. A core aspect of the Por is showing $7.5 billion in clean assets. With 1:1 reserves, the reserve ratios are 105% for Bitcoin, 105% for Ether, and 101% for USDT. These ratios indicate that OKX holds more than enough cryptocurrency to cover user holdings. While the reserve ratio for Bitcoin and Ethereum are the same, that of USDT is also healthy. This commitment to over-collateralization provides an extra layer of security for your crypto investments.

OKX: Transparency You Can Trust

OKX, the world’s second-largest crypto exchange by trading volume, today published its third monthly Proof of Reserves (PoR), showing $7.5 billion in clean assets. This ongoing initiative reinforces OKX’s dedication to building trust within the cryptocurrency community. The $7.5 billion in Bitcoin, Ethereum, and USDT reserves demonstrates a strong financial position and provides peace of mind for users. Learn more about the OKX Proof of Reserves and how it protects your digital assets.