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Binance Maintains Over 100% Bitcoin Reserve Ratio for 30 Months Straight

  • Binance has maintained a reserve ratio above 100% for 30 consecutive months, holding 616,886 BTC to back customer net balances of 604,410 BTC.
  • The exchange's proof-of-reserve initiative was in response to the FTX collapse, ensuring transparency through monthly attestations verified by on-chain experts and third-party auditors.
  • Binance's strong asset backing and commitment to transparency have been lauded, with all figures matching on-chain data, dispelling selling rumors.
  • Binance's steady reserve record has helped maintain market confidence, with the crypto company holding over $31 billion in stablecoins and experiencing a continuous rise in its native BNB token value.

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