Proof of Reserves (15)

Dubai, the UAE, January 31, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the publication of its 15th monthly Proof of Reserves (PoR) report, showcasing primary assets amounting to USD14.9 billion, a 104% average reserve ratio of primary assets and the inclusion of Bitcoin Cash (BCH) for the first time.

You might have heard of Proof of Reserves (PoR) but did you know there are actually different types of PoR, each giving more weight to different aspects? In this article we'll cover what these are, in

Publishing transparent and frequent Proofs of Reserves (PoR) is crucial for centralized exchanges who want to prove their solvency. OKX uses [Merkle tree verification](/learn/merkle-trees) to prove th

Hong Kong SAR, November 29, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today published its 13th monthly Proof of Reserves (PoR) report, demonstrating USD14.5 billion in primary assets backing user funds. Since the launch of OKX's program in late 2022, over one million users have viewed the reserves data or verified that their assets are backed 1:1. OKX's latest Proof of Reserves (PoR) report outlines a reserve ratio of over 100% for 22 of the most commonly used assets on the platform, including BTC, ETH, USDT and USDC. This is the 13th consecutive month that OKX has maintained a reserve ratio of 100% or higher for each of these assets. OKX's current reserve ratios are as follows:

Dubai, the UAE, December 20, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the publication of its 14th monthly Proof of Reserves (PoR) report, demonstrating USD14.9 billion in primary assets backing user funds.

We're happy to announce the release of our 19th consecutive Proof of Reserves (PoR) report, showcasing USD22.5 billion in primary assets backing customer funds. In line with our commitment to transparency and accountability in the crypto space, we have published over 680,000 public wallet addresses this month. This allows our customers and the wider community to independently verify the platform's reserves. To date, over 1.5 million customers have viewed and verified that their assets on our platform are backed 1:1.

To date, more than 1.65 million customers have checked and confirmed that their assets on our platform are backed 1:1 We continue to maintain over 100% reserve ratios for 22 of the most frequently traded assets on our platform

Today, we're happy to announce that we have published our 18th consecutive Proof of Reserves (PoR) report, showcasing USD22.3 billion in primary assets backing user funds. Our PoR report illustrates the reserve ratios of the 22 most commonly traded assets on our platform, including BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 18th PoR demonstrates over 100% reserve ratios for all these assets, assuring users that their funds are backed 1:1.

Today, we're excited to announce the release of our latest Proof of Reserves (PoR) report, demonstrating a total of USD22.1 billion in primary assets backing user funds. This represents our 17th consecutive month of publishing Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on our platform: BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 17th PoR reveals reserve ratios of over 100% for all these assets, providing assurance that user funds are backed 1:1.

We're excited to announce the release of our 16th consecutive Proof of Reserves (PoR) report , highlighting a total of USD17.7 billion and an average reserve ratio of 104% in primary assets. Our PoR report offers a detailed look at the reserve ratios of the most frequently traded assets on our platform. For the first time in January 2024, we included Bitcoin Cash (BCH) in our PoR report.

Proof of Reserves (PoR) is a relatively new concept in the financial space, and its potential as an auditing method is still being explored. PoRs are cryptographic proofs that the amount a custodian o

You should be hearing more and more about Proof of Reserves but can you explain the difference between a token’s Proof of Reserves and an exchange’s Proof of Reserves? Here’s our quick recap, in simpl

__HONG KONG SAR, May 29, 2023__ - [OKX](/), the second-largest crypto exchange by trading volume and a leading Web3 technology company, today published its seventh monthly [Proof of Reserves](/proof-o

__VICTORIA, Seychelles, 2 March, 2023__ - OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced it will upgrade its industry-leading

*New features include a more detailed asset balance dashboard displaying total asset calculation methods for BTC, ETH, and USDT-denominated products* __VICTORIA, Seychelles, Jan. 19, 2023__ - OKX, the