Binance, the world's largest cryptocurrency exchange, presented its 11th Proof of Reserves report.
The proof of reserve application was launched after the collapse of the cryptocurrency exchange FTX, in order for exchanges to prove that they hold customer assets in a 1:1 ratio.
The snapshot of the company's assets was taken on October 1, 2023. Here are the assets held by the stock market:
Bitcoin (BTC):
Rate: 104.67%
Customer Net Balance: 588,879,609 BTC
Binance Net Balance: 616,394,946 BTC
Ethereum (ETH):
Rate: 107.29%
Customer Net Balance: 3,830,184.392 ETH
Binance Net Balance: 4,109,241,775 ETH
Binance Coin (BNB):
Rate: 113.72%
Client Net Balance: 29,334,701,312 BNB
Binance Net Balance: 33,359,554,309 BNB
Tether (USDT):
Rate: 118.45%
Customer Net Balance: 15,313,870,839.133 USDT
Binance Net Balance: 18,139,590,309,959 USDT
Binance USD (BUSD):
Rate: 106.99%
Customer Net Balance: 1,070,199,336.173 BUSD
Binance Net Balance: 1,145,007,837.25 BUSD
USD Coin (USDC):
Rate: 104.09%
Customer Net Balance: 903,544,629,598 USDC
Binance Net Balance: 940,538,520,708 USDC
Litecoin (LTC):
Rate: 101.31%
Customer Net Balance: 5,614,234.811 LTC
Binance Net Balance: 5,687,670,669 LTC
Ripple (XRP):
Rate: 104.15%
Customer Net Balance: 2,629,459,187,625 XRP
Binance Net Balance: 2,738,661,519,884 XRP
Solana (LEFT):
Rate: 101.91%
Customer Net Balance: 29,119,159,862 SOL
Binance Net Balance: 29,675,019.97 SOL
Chainlink (LINK):
Rate: 103.55%
Customer Net Balance: 60,169,713.519 LINK
Binance Net Balance: 62,305,323.559 LINK
1inch (1INCH):
Rate: 101.65%
Customer Net Balance: 128,861,453.643 1INCH
Binance Net Balance: 130,981,930.257 1INCH
Aptos (APT):
Rate: 102.84%
Customer Net Balance: 14,861,878,493 APT
Binance Net Balance: 15,284,660,366 APT
Arbitrum (ARB):
Rate: 100.67%
Customer Net Balance: 292,543,119,507 ARB
Binance Net Balance: 294,516,478,854 ARB
Chromia (CHR):
Rate: 106.78%
Customer Net Balance: 342,960,546.779 CHR
Binance Net Balance: 366,214,264.127 CHR
Chiliz (CHZ):
Rate: 108.95%
Customer Net Balance: 3,448,607,261,383 CHZ
Binance Net Balance: 3,757,115,154,158 CHZ
Curve DAO Token (CRV):
Rate: 102.74%
Customer Net Balance: 90,228,690,474 CRV
Binance Net Balance: 92,697,127,817 CRV
PowerPool (CVP):
Rate: 105.18%
Customer Net Balance: 23,271,512.021 CVP
Binance Net Balance: 24,476,533,532 CVP
Dogecoin (DOGE):
Rate: 100.37%
Customer Net Balance: 11,538,940,913.44 DOGE
Binance Net Balance: 11,581,227,218,837 DOGE
Polkadot (DOT):
Rate: 107.35%
Customer Net Balance: 106,096,040.194 DOT
Binance Net Balance: 113,895,618.09 DOT
Enjin Coin (ENJ):
Rate: 104.99%
Customer Net Balance: 157,385,982.089 ENJ
Binance Net Balance: 165,233,597,811 ENJ
First Digital USD (FDUSD):
Rate: 113.16%
Customer Net Balance: 265,326,748.785 FDUSD
Binance Net Balance: 300,240,156,551 FDUSD
The Graph (GRT):
Rate: 102.77%
Customer Net Balance: 738,880,217.976 GRT
Binance Net Balance: 759,341,932,598 GRT
Hashflow (HFT):
Rate: 103.77%
Customer Net Balance: 63,597,617,205 HFT
Binance Net Balance: 65,996,361.57 HFT
Mask Network (MASK):
Rate: 104.67%
Customer Net Balance: 14,578,416.984 MASK
Binance Net Balance: 15,259,026.476 MASK
*This is not investment advice.