OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves By Cointelegraph1 min read
OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves
Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time when crypto exchanges are coming under greater scrutiny after the collapse of FTX. OKX announced the new page in a tweet, as well as on its blog.
The Proof of Reserves page offers two different options for users to audit the exchange’s reserves. The first allows users to get a brief summary of the exchange’s current reserves and liabilities for its top three cryptocurrencies: BTC, ETH, and USDT.