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UZX reveals Proof of Reserves for BTC, ETH, USDT, and USDC
UZX has published its Proof of Reserves, reporting reserve ratios of 137% for BTC, 140% for ETH, 116% for USDT, and 145% for USDC, with all major assets stated as having reserves exceeding user holdings.
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UZX has released information regarding its Proof of Reserves, disclosing reserve ratios for several major digital assets. The broker reported reserve ratios of 137% for Bitcoin (BTC), 140% for Ethereum (ETH), 116% for Tether (USDT), and 145% for USD Coin (USDC), indicating reserves exceeding user holdings for each asset.
No additional specifics or documentation regarding the methodology or scope of the Proof of Reserves were provided in the company’s announcement.
UZX is an international cryptocurrency exchange established in 2023, offering both spot and derivatives trading, as well as passive earning options such as trade copying and coin interest payouts. The platform features DAO governance, supports multiple asset types, and provides a user-friendly interface for web and mobile users, while also prioritizing security through cold fund storage. For more details about UZX's services and features, visit the broker profile on Traders Union.
For more on UZX’s recent developments, see the previous news about their launch of flexible earning products offering up to 7.98% APY on major cryptocurrencies by checking the previous UZX 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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