MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%
MEXC, the world’s fastest-growing digital asset trade and a pioneer of true zero-fee buying and selling, launched its February Proof of Reserve report, confirming that every one main belongings maintained reserve ratios above 100%. BTC reserve protection rose to 267%, demonstrating the platform’s continued dedication to transparency and person asset safety.
The February report exhibits reserve ratios of 267% for BTC, 112% for ETH, 117% for USDT, and 124% for USDC. MEXC pockets belongings complete 12,003.98 BTC, 73,433.86 ETH, $1.82 billion USDT, and $93.5 million USDC. BTC reserve protection rose notably from January’s 158% to 267%, with pockets belongings practically doubling from 6,172.88 BTC to 12,003.98 BTC. ETH reserve protection elevated from 107% to 112%, with reserves increasing from 61,729.67 ETH to 73,433.86 ETH. All reserve ratios remained properly above the 1:1 backing normal.
MEXC updates its Proof of Reserve snapshots month-to-month, with impartial audit stories revealed by Hacken, a number one blockchain safety and audit agency. The Proof of Reserve framework makes use of Merkle Tree expertise, enabling customers to confirm their balances whereas sustaining account privateness. Committed to a user-first method, MEXC maintains ample reserves and conducts month-to-month impartial audits to guarantee all person belongings stay totally protected and clear. MEXC will keep this month-to-month reporting follow, upholding industry-leading transparency requirements and guaranteeing continued person confidence.
To view the most recent Proof of Reserve snapshot and audit report, please go to MEXC’s Proof of Reserves page.
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Serving over 40 million customers throughout 170+ nations, MEXC is understood for its broad choice of trending tokens, on a regular basis airdrop alternatives, and low buying and selling charges. Our user-friendly platform is designed to help each new merchants and skilled buyers, providing safe and environment friendly entry to digital belongings. MEXC prioritizes simplicity and innovation, making crypto buying and selling extra accessible and rewarding.
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For media inquiries, please contact MEXC PR group: media@mexc.com
Risk Disclaimer:
This content material doesn’t represent funding recommendation. Given the extremely risky nature of the cryptocurrency market, buyers are inspired to fastidiously assess market fluctuations, undertaking fundamentals, and potential monetary dangers earlier than making any buying and selling choices.
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