🎓 Proof of Reserves in 20 seconds
It's when an exchange proves its assets cover user balances, using cryptography so accounts stay private.
✅ Look for 100%+ reserves, checkable wallets, regular snapshots
⚠️ It's a snapshot, not a full audit, and it can't prevent a hack
Binance says its full report is due today. Trust, but verify.
Do you check these reports? 👇
Not financial advice. DYOR.
#ProofOfReserves #crypto #BinanceSquareTalks #Binance
$BTC
$ETH
$SOL
It's when an exchange proves its assets cover user balances, using cryptography so accounts stay private.
✅ Look for 100%+ reserves, checkable wallets, regular snapshots
⚠️ It's a snapshot, not a full audit, and it can't prevent a hack
Binance says its full report is due today. Trust, but verify.
Do you check these reports? 👇
Not financial advice. DYOR.
#ProofOfReserves #crypto #BinanceSquareTalks #Binance
$BTC
$ETH
$SOL
