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BTCC Reveals 161% Reserve Ratio in April 2025 Proof of Reserves Report

Coin WorldTuesday, May 13, 2025 9:23 am ET

1min read

BTCC, the world’s longest-serving cryptocurrency exchange, has released its Proof of Reserves (PoR) report for April 2025, showcasing a strong 161% total reserve ratio. This move underscores BTCC’s dedication to transparency and the security of user funds. The PoR report, dated April 15, 2025, indicates that BTCC’s reserves exceed the 100% threshold for all major cryptocurrencies, including Bitcoin (BTC) at 165%, Ethereum (ETH) at 160%, Ripple (XRP) at 135%, Tether (USDT) at 162%, USD Coin (USDC) at 142%, and Cardano (ADA) at 166%.

Alex, Head of Operations at BTCC Exchange, emphasized that the release of the PoR report aligns with BTCC’s core principles of transparency. “We’re committed to increasing transparency around user assets and reinforcing our vision of making cryptocurrency trading reliable and accessible to everyone,” Alex stated. A reserve ratio exceeding 100% means that users’ assets are not only fully backed 1:1 but also over-collateralized, with the exchange holding more assets in custody than all users collectively own.

Proof of Reserves is an audit procedure that verifies the assets held by exchanges to ensure a minimum 1:1 backing of all user funds. BTCC utilizes the widely recognized Merkle Tree cryptographic tool for its proof of reserves, allowing users to verify that their assets are securely backed in the exchange’s reserves with the latest Merkle root hash available on the BTCC website. This regular reporting sets a new standard of openness for the exchange and demonstrates BTCC’s dedication to building lasting trust with its user community.

BTCC has maintained an impeccable security record since its founding in 2011, operating for 14 years without a single security breach. As the exchange prepares to celebrate its 14th anniversary this year, this PoR release further solidifies its reputation as a trusted platform in secure cryptocurrency trading. Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

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