🪟 Binance is setting the standard for transparency. A new report by CryptoQuant ranks Binance as #1 for Proof-of-Reserves: its reports are released on time, and reserves consistently exceed 100%. OKX and Bybit follow close behind.
Coinbase, however, falls short. Not a single PoR report has ever been published. It’s a red flag, and leadership should take note. Even Kraken, despite publishing less frequently, comes across as more trustworthy.
