Binance has published its 25th Proof of Reserves (PoR) report, showcasing robust asset backing for user funds. As of December 1, the world’s leading cryptocurrency exchange maintains a Bitcoin (BTC) reserve ratio of 108.21%, holding 627,745.577 BTC against user net balances of 580,111.242 BTC.
Ethereum (ETH) reserves are also solid, with a ratio of 102.68%. Binance holds 5,078,355.565 ETH while user balances total 4,945,692.541 ETH. Additionally, Tether (USDT) reserves reach an impressive 108.96%, and Binance Coin (BNB) reserves stand at 105.54%.
This latest PoR report highlights Binance’s continued commitment to transparency and its ability to ensure customer funds are fully backed. By maintaining reserve ratios above 100% across major cryptocurrencies, Binance reinforces user confidence in its platform amid an evolving crypto landscape.
