Binance just dropped their latest Proof of Reserves.
Every asset backed at minimum 100%.
No fractional reserve nonsense. Full collateral coverage across the board.
This is what transparency looks like when you're not hiding liabilities in offshore entities or playing musical chairs with user funds.
While other exchanges were getting exposed for commingling customer deposits with trading desks, Binance keeps proving they can walk the walk.
Still doesn't mean keep all your stack on CEX. Not your keys, not your coins. But if you're trading actively, at least you know the liquidity is real.
Every asset backed at minimum 100%.
No fractional reserve nonsense. Full collateral coverage across the board.
This is what transparency looks like when you're not hiding liabilities in offshore entities or playing musical chairs with user funds.
While other exchanges were getting exposed for commingling customer deposits with trading desks, Binance keeps proving they can walk the walk.
Still doesn't mean keep all your stack on CEX. Not your keys, not your coins. But if you're trading actively, at least you know the liquidity is real.
