Let’s talk about Proof of Reserves:
Proof of Reserves (PoR) is public evidence provided by an exchange to show that the assets it holds are sufficient to cover users’ balances on the platform.
Proof of Reserves only shows how reserves cover users’ balances at the time of the snapshot; it cannot fully reflect the platform’s other liabilities or its operational status.
$BNB 696.49(-2.14%)
#BNB
Proof of Reserves (PoR) is public evidence provided by an exchange to show that the assets it holds are sufficient to cover users’ balances on the platform.
Proof of Reserves only shows how reserves cover users’ balances at the time of the snapshot; it cannot fully reflect the platform’s other liabilities or its operational status.
$BNB 696.49(-2.14%)
#BNB