Coinspeaker
Here’s Binance’s Current Bitcoin, Ethereum, Dogecoin Balance
Leading cryptocurrency exchange Binance has released its 22nd Proof-of-Reserve (PoR) report to promote transparency and uphold integrity. This document usually shows the exchange’s user’s assets in custody. According to Binance, it holds all user assets 1:1 in addition to extra reserves). It claims that it has zero debt in its capital structure, which is in addition to ensuring that there is an emergency fund (SAFU fund) for extreme cases.
Binance Asset’s Reserve Ratio Remains High
The 22nd PoR showed that users’ Bitcoin
BTC
$55 229
24h volatility:
1.9%
Market cap:
$1.09 T
Vol. 24h:
$26.48 B
comes in around 605,000 BTC, cor
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