Binance, the world’s largest cryptocurrency exchange, published its thirteenth Proof of Reserves (PoR) data.
Binance regularly shares information for transparency. Proof of Reserves (PoR) presented the thirteenth of its data to the public. 1st of December In this data representing cryptocurrency reserves up to date compared to previous user balances changes were seen.
In the detailed chart published, users’ Bitcoin assets are compared to the previous PoR. increased by 7,235 BTC to 561,003 BTC rose. In addition, the Ethereum balance of the users is also Decreased by 27 thousand ETH to 3.8 million ETH declined.
On the other hand, other noteworthy balance changes are BNB (BNB) And in Tether (USDT) was seen. When the data is compared, the BNB balance held by users in the exchange according to previous reserve reports Decreased by 230 thousand to 30.9 million BNB declined. Tether reserves are approximately $1 billion increase to 16.1 billion USDT rose.
Although there has been a decrease in reserve amounts due to market conditions, all assets 100% or more collateralized This gave investors confidence.
According to the data, the collateral ratio of the amount of Bitcoin on Binance compared to user balances 104.17%Ethereum’s collateral rate 106.56%collateral rate of BNB 109.12% and the collateral rate of USDT is 119.23% It was recorded as.
Parallel to the net decrease in user balances, Bitcoin assets on Binance also decreased by approximately From 584 thousand BTC to 561 thousand BTC declined. Accordingly, the Ethereum assets of the exchange increased slightly. 4.11 million ETHfrom 4.14 million ETHIt rose to .
Binance so far 30 different cryptocurrencies Apart from Bitcoin, Ethereum, BNB and Tether, while providing PoR support forDogecoin (DOGE), Shiba Inu (SHIB), Ripple (XRP), Binance USD (BUSD), Litecoin (LTC), Solana (SOL), Chainlink (LINK), Chiliz (CHZ), Polkadot (DOT), Aptos ( APT), Arbitrum (ARB) Mask Network (MASK), Enjin Coin (ENJ), WazirX (WRX), The Graph (GRT), PowerPool Concentrated Voting Power (CVP), Chromia (CHR), Curve DAO (CRV), 1inch (1INCH), Hashflow (HFT), SSV Network (SSV), Polygon (MATIC), Optimisim (OP), True USD (TUSD) and Uniswap (UNI) also supports.