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Bitcoin Bitcoin Share: 58.85%
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coinpedia
2023-05-11 06:17:53

Binance’s PoR System Promotes Transparency

Binance’s PoR System Promotes Transparency

The post Binance’s PoR System Promotes Transparency appeared first on Coinpedia Fintech News Binance, the largest crypto exchange, released its Proof-of-Reserves system to demonstrate its ability to cover assets for one. The exchange said that they hold purchased tokens until users sell or swap them. BNB holds user assets 1:1 has reserves and emergency funds with zero debt. The online exchange clarified the Proof-of-Reserves excludes their corporate holdings and …

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