BTCC, a leading cryptocurrency exchange, has reported a total reserve ratio of 132% for July, marking the fourth consecutive month with reserves significantly exceeding 100%. This ratio, which compares the amount of customer funds held in reserve to the amount deposited, is a critical measure of an exchange’s ability to cover customer withdrawals. A ratio above 100% indicates that the exchange holds more in reserve than the total deposits, ensuring it can meet withdrawal demands without issue.

The exchange’s commitment to transparency is evident through its regular release of Proof of Reserves (PoR) reports since April. These reports, which include cryptographic proof and public wallet ownership checks, verify that the platform’s reserves are sufficient to cover all user assets. This practice is particularly important in the wake of high-profile collapses of other exchanges, such as FTX and BlockFi, which left customers with significant losses.

Ethereum led the way in BTCC’s latest PoR report with a reserve ratio of 170%, followed by XRP at 145% and Tether at 143%. Bitcoin and Cardano both had reserve ratios of 120%, while USD coin stood at 110%. These figures demonstrate BTCC’s robust asset backing across major cryptocurrencies, reinforcing its reputation for reliability and security.

Alex Hung, head of operations at BTCC Exchange, commented on the significance of maintaining strong reserves amidst market volatility, citing geopolitical tensions and new US tariff policies as factors driving safe-haven demand for cryptocurrencies. BTCC’s ability to maintain a strong financial position while growing its asset base and user community highlights its resilience and commitment to user safety.

Founded in 2011, BTCC is one of the oldest cryptocurrency exchanges, offering futures and spot trading on over 300 currencies. Its adherence to industry-leading security standards has resulted in zero security incidents over its 14-year history, further cementing its status as a trusted platform in the cryptocurrency market.

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