🚨 BREAKING: Binance releases its latest Proof of Reserves report, showing major user assets remain fully backed.
Binance has dropped its latest monthly Proof of Reserves (PoR) report, proving that your funds remain completely SAFU. The data shows the exchange holds more than enough collateral to cover all liabilities: BTC reserves stand at 100.2%, ETH is at 100%, and USDT is over-collateralized at 103.17%.
Why This Matters:
• Transparency Boost: Latest PoR data indicates Binance maintains strong reserve coverage.
• Builds Trust: Regular reserve disclosures can improve investor confidence during volatile markets.
• Industry Benchmark: Strong reserve reporting encourages higher transparency standards across crypto exchanges.
Would regular Proof of Reserves reports increase your confidence in centralized exchanges, or do you still prefer self-custody? 👇
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