The post $11.3B in BTC, ETH, and USDT Found in OKX’s Eighth Proof of Reserves by OKX appeared first on cryptomuskn Fintech News.
The second-largest cryptocurrency exchange, OKX, just published its eighth straight Proof of Reserves (PoR) report, showing balances of $11.3 billion in BTC, ETH, and USDT. The PoR discloses OKX’s reserve ratio above 100% for eight months and covers 22 digital properties. For increased security, the great bulk of reserves are kept in off-chain chilled storage. The current reserve ratios for BTC, ETH, and USDT are 103% (103% for each), further demonstrating OKX’s dependability and transparency in the cryptocurrency market.
