cryptodaily

BTCC Publishes July Proof of Reserves, Reports 132% Overall Coverage, Ethereum Reserve Ratio Tops 170%

BTCC Publishes July Proof of Reserves, Reports 132% Overall Coverage, Ethereum Reserve Ratio Tops 170%

BTCC, the longest-operating cryptocurrency exchange globally, has released its July 2025 Proof of Reserves (PoR) report, disclosing an overall reserve ratio of 132%. This marks the fourth consecutive month in which the exchange has maintained reserves well above full coverage, underscoring its ongoing focus on financial transparency and user fund security.

Ethereum emerged as the top-reserved asset on the platform, with a reserve ratio of 170%, the highest among the major digital assets held by BTCC. Other notable reserve ratios included:

  • Bitcoin (BTC): 120%

  • XRP: 145%

  • Tether (USDT): 143%

  • USD Coin (USDC): 110%

  • Cardano (ADA): 120%

These figures reflect BTCC’s policy of fully backing user deposits with significant excess reserves, ensuring operational solvency and customer confidence.

“July has been a remarkable month for the cryptocurrency market, driven by geopolitical tensions and new U.S. tariff policies that boosted demand for safe-haven assets,” said Alex Hung, Head of Operations at BTCC Exchange. “With Bitcoin crossing the historic $120,000 threshold for the first time, BTCC has successfully navigated this volatility, further solidifying our financial strength and expanding our global user community.”

BTCC began publishing monthly Proof of Reserves reports in April 2025. Since then, the exchange has posted consistently strong reserve ratios: 161% in April, 152% in May, and 135% in June. The platform utilizes Merkle tree cryptographic verification, allowing users to independently confirm the existence and backing of their funds.

In addition to its reserve disclosures, BTCC recently earned three distinctions from FXEmpire- Best Crypto Exchange in the USA for its advanced spot and futures trading capabilities, supporting up to 500× leverage, Lowest Fiat Deposit Fees thanks to zero‑fee, and Best Fiat‑to‑Crypto Trading Platform for offering seamless, free card-onramp experiences without mandatory KYC, cementing its position as a compliant, cost‑effective gateway between fiat and digital assets. 

These recognitions add to BTCC’s standing in the industry as it continues to prioritize operational transparency, user trust, and regulatory alignment.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker