OKX Reveals $11.3B in BTC, ETH, and USDT in Eighth Proof of Reserves

By Lola Coin Jun 28, 202380Views

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OKX, the second-largest crypto exchange, has released its eighth Proof of Reserves (PoR) report, demonstrating that it holds $11.3 billion worth of BTC, ETH, and USDT. This report covers 22 different digital assets and shows that OKX’s reserve ratio has remained above 100% for eight consecutive months. The majority of these reserves are stored in offline cold storage, which enhances security. The current reserve ratios for BTC, ETH, and USDT are all at 103%, further solidifying OKX’s reputation for transparency and reliability within the cryptocurrency industry.

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