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OKX publishes monthly Proof of Reserves reports to assure 1:1 client asset backing
OKX has provided monthly Proof of Reserves reports since 2022, confirming that client holdings are backed 1:1 by actual assets.
Leading Forex Broker in United States
8.75/10
*Rated by real traders on Traders Union
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
OKX has announced the ongoing publication of monthly Proof of Reserves reports since 2022. According to the broker, these reports are intended to verify that all client holdings are backed on a 1:1 basis by actual assets.
Further details about the specific methodology or asset coverage in the reports were not provided in the post.
OKX is an international cryptocurrency exchange established in 2017, offering access to over 100 cryptocurrencies including BTC, ETH, and XRP. The platform provides various investment programs, margin trading, and a selection of educational materials through its proprietary academy. Additional details about the broker can be found in the broker profile on Traders Union.
For more context on OKX's recent promotions, see our earlier news article, which covered the launch of their Deposit Match campaign for EEA users, offering tiered rewards for net new deposits. Details are available in the previous OKX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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