Article content
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
Article content
VILNIUS, Lithuania, July 16, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving cryptocurrency exchange since 2011, has released its July 2025 Proof of Reserves (PoR) report, demonstrating a total reserve ratio of 132%. This marks the fourth consecutive month of maintaining reserves well above 100% since launching monthly PoR reporting in April 2025.
Article content
The comprehensive report reveals strong asset backing across all major cryptocurrencies, with Ethereum showing the highest reserve ratio:
Article content
Article content
- Bitcoin (BTC): 120%
- Ethereum (ETH): 170%
- XRP: 145%
- Tether (USDT): 143%
- USD Coin (USDC): 110%
- Cardano (ADA): 120%
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
These ratios demonstrate BTCC’s commitment to maintaining sufficient reserves to fully back all user deposits, with Ethereum’s 170% ratio highlighting particularly strong backing for the second-largest cryptocurrency by market capitalization.
Article content
“July has been a remarkable month for the cryptocurrency market,” said Alex Hung, Head of Operations at BTCC Exchange. “Rising geopolitical tensions and new US tariff policies have driven increased safe-haven demand, with Bitcoin breaking through the historic $120,000 milestone for the first time. Throughout this period of market volatility, BTCC has maintained its strong financial position while continuing to grow both our asset base and user community.”
Article content
Since launching monthly PoR reporting in April, BTCC has consistently maintained reserves above 100%, with ratios of 161% in April, 152% in May, and 135% in June.
Article content
BTCC’s Proof of Reserves system utilizes Merkle tree technology to provide cryptographic verification of platform reserves and user asset proof reports. This enables users to independently verify their assets and ensures complete transparency.
Article content
Article content
As cryptocurrency markets continue to evolve, BTCC remains focused on providing a secure, reliable, and trustworthy trading environment for its global user base. The consistent maintenance of reserves above 100% demonstrates BTCC’s unwavering commitment to user fund security and financial transparency.
Article content
To view the complete July 2025 Proof of Reserves report and verify individual assets, please visit BTCC’s website.
Article content
About BTCC Exchange
Article content
Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.
Article content
Article content
Article content
Article content
Article content
Article content
Article content
Article content
Article content