Binance, the world's largest cryptocurrency exchange, has published its 16th proof of reserve in order to provide transparency into the platform's financial operations.
The snapshot process was carried out on March 1.
The most important points from Binance's reserve proof sharing were:
- Users' Bitcoin ($BTC) assets stood at 562,000, a decrease of 31,998 $BTC compared to the previous month.
- User Ethereum ($ETH) holdings stood at 3.98 million, a decrease of 180,000 $ETH.
- Users' Tether ($USDT) assets increased by 1.71 billion $USDT and reached 19.5 billion.
The proof of reserve provided a detailed breakdown of client and Binance net balances for various cryptocurrencies:
$BTC (Bitcoin)
Rate: 103.16%
Customer Net Balances: 562,690.378 $BTC
Binance Net Balances: 580,464,411 $BTC
$ETH (Ethereum)
Rate: 103.46%
Customer Net Balances: 3,982,811,339 $ETH
Binance Net Balances: 4,120,427.187 $ETH
$USDT (Tether)
Rate: 110.66%
Customer Net Balances: $19,527,160,306.224
Binance Net Balances: $21,608,372,764,925
$BNB (Binance Coin)
Odds: 100.50%
Customer Net Balances: 32,940,984.512 $BNB
Binance Net Balances: 33,106,240,684 $BNB
LEFT (To the left)
Rate: 102.25%
Customer Net Balances: 32,079,403.15 $SOL
Binance Net Balances: 32,800,606,586 $SOL
FDUSD
Rate: 112.44%
Customer Net Balances: $2,535,937,081,525
Binance Net Balances: $2,851,390,915,545
XRP (Ripple)
Rate: 103.11%
Customer Net Balances: $2,983,479,584.382
Binance Net Balances: $3,076,385,757,559
USDC (USD Coin)
Rate: 131.29%
Customer Net Balances: $1,054,312,775.801
Binance Net Balances: $1,384,219,651,993
TUSD (TrueUSD)
Rate: 198.13%
Customer Net Balances: $140,848,063.92
Binance Net Balances: $279,056,972,003
$DOGE (Dogecoin)
Odds: 100.58%
Customer Net Balances: 13,534,967.125 $DOGE
Binance Net Balances: 13,613,483,396 $DOGE
MATIC (Polygon)
Rate: 112.55%
Customer Net Balances: 992,829,192,633 MATIC
Binance Net Balances: 1,117,396,443,958 MATIC
$DOT (Polkadot)
Rate: 105.22%
Customer Net Balances: 112,281,084.526 $DOT
Binance Net Balances: 118,147,517,071 $DOT
$LINK (Chainlink)
Rate: 101.14%
Customer Net Balances: 53,977,234,725 $LINK
Binance Net Balances: 54,591,680,875 $LINK
$SHIB (Shiba Inu)
Rate: 103.38%
Customer Net Balances: 69,322,669,532,797 $SHIB
Binance Net Balances: 71,667,579,798.130 $SHIB
$ARB (Arbitrum)
Odds: 100.80%
Customer Net Balances: 334,569,268.049 $ARB
Binance Net Balances: 337,234,739.428 $ARB
$LTC (Litecoin)
Rate: 101.07%
Customer Net Balances: 6,011,682.828 $LTC
Binance Net Balances: 6,076,307.86 $LTC
OP (Optimism)
Rate: 102.08%
Customer Net Balances: 115,811,456.914 OP
Binance Net Balances: 118,216,643.272 OP
$CHZ (Chiliz)
Rate: 137.84%
Customer Net Balances: 1,925,125,718.522 $CHZ
Binance Net Balances: 2,653,570,768.616 $CHZ
$UNI (Uniswap)
Odds: 100.89%
Customer Net Balances: 36,099,241.428 $UNI
Binance Net Balances: 36,420,059,436 $UNI
$APT (Aptos)
Rate: 101.29%
Customer Net Balances: 27,224,931.1 $APT
Binance Net Balances: 27,577,378.535 $APT
$GRT (The Graph)
Rate: 102.34%
Customer Net Balances: 781,728,468.971 $GRT
Binance Net Balances: 799,992,808.642 $GRT
$SSV (ssv.network)
Odds: 101.05%
Customer Net Balances: 3,807,868.322 $SSV
Binance Net Balances: 3,848,037.616 $SSV
CHR (Chromia)
Rate: 106.70%
Customer Net Balances: 366,308,675.108 CHR
Binance Net Balances: 390,837,089,979 CHR
$ENJ (Enjin Coin)
Rate: 102.22%
Customer Net Balances: 238,636,702.33 $ENJ
Binance Net Balances: 243,923,137,756 $ENJ
$1INCH
Rate: 102.21%
Customer Net Balances: 132,170,704.929 $1INCH
Binance Net Balances: 135,097,701.419 $1INCH
$CRV (Curve DAO Token)
Odds: 100.82%
Customer Net Balances: 144,148,157.226 $CRV
Binance Net Balances: 145,323,220.16 $CRV
WRX (WazirX)
Rate: 101.90%
Customer Net Balances: 243,957,337.068 WRX
Binance Net Balances: 248,596,109.191 WRX
$MASK (Mask Network)
Rate: 103.87%
Customer Net Balances: 18.844.195,952 $MASK
Binance Net Balances: 19,572,779.512 $MASK
HFT (Hashflow)
Rate: 106.59%
Customer Net Balances: 102,000,446,973 HFT
Binance Net Balances: 108,725,636,507 HFT
BUSD (Binance USD)
Rate: 629.87%
Customer Net Balances: $3,978,874,715
Binance Net Balances: $25,061,764,165
CVP (PowerPool)
Rate: 104.64%
Customer Net Balances: 25,071,292.096 CVP
Binance Net Balances: 26,233,700.062 CVP
*This is not investment advice.