Summary
- Binance said it has released its February proof of reserves.
- Binance said that under its Proof of Reserves system, user assets are maintained on a 1:1 basis.
- Binance said it is maintaining reserve ratios of 100% or higher for major digital assets, including Bitcoin (BTC) (631,145), Ethereum, Tether, and Binance Coin.
Forecast Trend Report by Period
Binance, the world’s largest digital asset (cryptocurrency) exchange, has released its proof of reserves for February.
On the 6th (Korea time), Binance said via its X (formerly Twitter) account, “Under Binance’s Proof of Reserves system, user assets are maintained on a 1:1 basis.”
Specifically, Binance held 631,145 Bitcoin (BTC), keeping the ratio versus user assets at 100.05%. It also showed reserves for major digital assets such as Ethereum (100%), Tether (105.09%), and Binance Coin (101.14%) remaining at ratios of 100% or higher.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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