Dubai, United Arab Emirates, 10 Might 2024, Chainwire
Bybit, one of many world's prime three crypto exchanges by quantity, has reaffirmed its dedication to transparency and belief by issuing a proof-of-reserve audit overlaying 40 cryptocurrencies, probably the most complete within the sector.
Cryptocurrencies and all backed up greater than 100% are: BTC, ETH, USDT, USDC, AGI, AGLA, APEX, APT, ATOM, AVAX, BEAM, BLUR, COMP, CRV, DAI, DOGE, DOT, DYDX, , FET, FTM , GALA, IMX, LDO, LINK, LTC, MANA, MATIC, MNT, OP, PEPE, RNDR, SAND, SHIB, SHRAP, SOL, SUSHI, UNI, WLD and .
The reserve ratios for the key cryptocurrencies are as follows: BTC: 116%, ETH: 106%, SOL: 111%, USDT: 107% and USDC: 129%.
These shares display Bybit's dedication to sustaining a secure and clear enterprise surroundings. This milestone not solely solidifies Bybit's place on the forefront of the trade, but additionally surpasses the audit efforts of its closest opponents.
Bybit constantly receives excessive marks for its operational integrity, together with an ideal 10/10 belief rating from CoinGecko and an 'AA' ranking within the CCData Crypto Alternate Benchmark Report, confirming its adherence to trade greatest practices.
To make sure the safety and availability of its consumer's property, Bybit makes use of a complicated pockets structure consisting of chilly, heat and sizzling wallets. This method is designed to maximise safety whereas offering the liquidity crucial for environment friendly person transactions.
“Our continued efforts to confirm our reserves mirror our core philosophy of selling belief by means of tangible proof,” mentioned Ben Zhou, co-founder and CEO of Bybit. “For us, the safety of our customers' investments and the transparency of our operations are paramount.”
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About Bybit
Bybit is without doubt one of the prime three crypto exchanges on this planet by buying and selling quantity with 25 million customers. Based in 2018, it affords knowledgeable platform the place crypto buyers and merchants can discover an ultra-fast matching engine, 24/7 customer support and multilingual group assist. Bybit is a proud associate of System 1's reigning constructors' and drivers' champions: the Oracle (NYSE: ) Pink Bull Racing staff.
For extra particulars about Bybit, please go to Bybit Press.
ContactHead of PRTony AuBybittony.au@bybit.com
This text was initially revealed on Chainwire
