CoinEx Boosts Transparency With 122.3% CET Reserve Ratio

Generated by AI AgentCoin World
Thursday, Apr 3, 2025 2:38 am ET1min read
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CoinEx, a prominent cryptocurrency exchange, has recently updated its Asset Reserve Ratio to bolster transparency and security. As of March 31, 2025, at 08:00 (UTC), the exchange maintains a 1:1 reserve ratio, with the CET reserve ratio reaching 122.3%. This update ensures that major assets such as USDT, USDC, BTC, ETH, and DOGE all exceed 100% in reserve, providing users with a high level of assurance regarding the safety of their holdings.

CoinEx employs a Merkle Tree structure, which allows users to independently verify their held assets. This technological implementation enhances the trustworthiness of the platform by providing a transparent and verifiable method for users to confirm their balances. Since 2017, CoinEx has consistently maintained a 100% reserve ratio, a practice that has earned the trust of the crypto community. This commitment to asset security is a cornerstone of CoinEx's operations and has been instrumental in building a reliable reputation within the industry.

The update to the Asset Reserve Ratio is a significant step in CoinEx's ongoing efforts to enhance transparency and security. By maintaining a 1:1 reserve ratio and exceeding it for major assets, CoinEx demonstrates its dedication to protecting user funds. The use of a Merkle Tree structure further reinforces this commitment by providing users with the tools to independently verify their assets, thereby fostering a higher level of trust and confidence in the platform.

This move by CoinEx is likely to be well-received by the crypto community, as it addresses one of the key concerns in the industry: the security and transparency of asset reserves. By taking proactive measures to ensure that user funds are fully backed and verifiable, CoinEx sets a high standard for other exchanges to follow. This update not only benefits existing users but also attracts new users who prioritize security and transparency in their choice of cryptocurrency exchange.

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