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.