Cryptocurrency Exchange with 20 Million Users Announces Reserve Information

Cryptocurrency exchange Bybit announced how much cryptocurrency users hold on the platform in its reserve report.

According to the statement made by Bybit, users can 37 thousand 877 Bitcoins (BTC) holding. The exchange’s wallet covers this at a rate of 107%, 40 thousand 676 Bitcoins was reported to have been found.

According to the information on the website of Bybit, which was founded in 2018, the stock market has a global scale. 20 million users is available. Borsa is among the partners of 2023 Formula 1 teams’ champion Oracle Red Bull Racing.

Bybit’s wallets, which contain a total of 32 cryptocurrencies, are sufficient to cover the assets of the users. 320 thousand 146 Ethereum, 1 billion 984 million USDT, 184 million USDC is available.

According to the information in the reserve report, the amount in the exchange’s wallet is No cryptocurrency is less than user-owned assets in quantity.

The cryptocurrency with the biggest difference is meme coin Shiba Inu (SHIB) happened. Owned by users in the stock market 1.5 trillion SHIB in the wallets of the stock exchange More than 1.8 trillion SHIB is being kept.

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