Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 2

Binance its reserve proof for January 2024, with the BTC reserve reaching 103...

[Copy link]

849

Threads

337

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
13671
Post time 12-1-2024 20:41:50 | Show all posts |Read mode
Binance has released its reserve proof for January 2024, with BTC reserve ratio reaching 103.79%, USDT reserve ratio at 123.20%, and BNB reserve ratio at 106.04%. This data demonstrates that Binance has funds covering all user assets in a 1:1 ratio, along with additional reserve funds.
Reply

Use magic Report

58

Threads

1180

Posts

4469

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
4469
Post time 13-1-2024 08:32:51 | Show all posts
This ratio is indeed quite high.
Reply

Use magic Report

103

Threads

796

Posts

3412

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
3412
Post time 13-1-2024 08:33:23 | Show all posts
It's also quite high.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list