OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT Reserves
HONG KONG, June 27, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.
- HONG KONG, June 27, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.
- OKX's latest PoR, which covers 22 widely used digital assets, shows that OKX has consistently maintained a reserve ratio exceeding 100% for eight consecutive months.
- OKX stores the majority of its reserves in off-chain cold storage, which provides the highest level of security for users' digital assets.
- Since releasing its first Proof of Reserves, OKX has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits.