Cointime

Download App
iOS & Android

OKX releases the 15th POR: the reserve ratios of 22 public currencies exceed 100% and are included in BCH for the first time

OKX has released its 15th consecutive reserve proof, with reserve rates for 22 listed coins exceeding 100%, including a BTC reserve rate of 102%, and ETH, USDT, and USDC reserve rates of 104%. The total value of the four coins is worth $14.9 billion. Additionally, BCH has been added to the POR for the first time.OKX is committed to improving the transparency of POR to traditional financial auditing standards, leading the industry in safety and transparency. OKX insists on releasing POR monthly, with reserve rates exceeding 100% for 15 consecutive months, and the number of listed coins increasing from 3 to 22. The POR system has been continuously upgraded with technologies such as Merkel Trees, Full View Merkel Trees, and zk-STARK, setting multiple milestones. Users can independently verify OKX's ability to pay at any time, while protecting their privacy. Blockchain expert Nic Carter has rated OKX's POR quality as the highest level among mainstream exchanges.

OKX
Comments

All Comments

Recommended for you