Trading Notes | Proof of Reserves
① Proof of Reserves (PoR) is publicly available evidence from an exchange showing that the assets it holds are at least equal to users’ balances on the platform.
② Reserves are generally verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on-chain.
③ When reading a reserve report, pay attention to the snapshot date and the range of assets covered—don’t look only at the overall coverage ratio.
$BNB 728.68（+0.29%）
① Proof of Reserves (PoR) is publicly available evidence from an exchange showing that the assets it holds are at least equal to users’ balances on the platform.
② Reserves are generally verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on-chain.
③ When reading a reserve report, pay attention to the snapshot date and the range of assets covered—don’t look only at the overall coverage ratio.
$BNB 728.68（+0.29%）