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Effective URL: https://www.coinex.zone/reserve-proof
Submission: On July 31 via api from FI — Scanned from FI

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Proof of Reserve
Secure and Transparent
100% Reserve has been the bottom line of CoinEx
Latest Audition: 2022-12-15 07:00:00 (UTC+0)
Latest reserve rate on CoinEx
Download CoinEx wallet audit address

Coin Total Assets (On-chain) Total Assets (In-site) Reserve rate
CET
913,306,333.01
904,286,447.00
100.99%
USDT
127,147,217.79
112,126,024.64
113.39%
USDC
13,424,133.09
3,234,972.72
414.96%
BTC
2,161.91
2,094.23
103.23%
ETH
23,551.97
23,481.27
100.3%
SHIB
1,691,571,671,751.29
1,690,695,495,491.76
100.05%

My asset snapshot
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How to prove Reserves
In centralized trading platforms, user assets are often recorded via the ledger
in the database, and how to prove the reserve fund has become a difficult issue.
In CoinEx, we use the "Merkle Tree" as an audit method to prove that the
platform maintains a 100% reserve rate. This audit methodology requires three
key steps for verification:
1. CoinEx uses "Merkle Tree" as a data structure to encrypt user assets and
publish the total assets of all users at the same time.
2. CoinEx displays the total assets of all on-chain wallet addresses and wallets
held by the platform.
3. By comparing the total assets of all users with the total assets of all
on-chain addresses on CoinEx, users can verify the asset reserve rate of CoinEx.
When the total on-chain assets on CoinEx are greater than or equal to the total
assets of the user, it proves that CoinEx maintains a 100% reserve rate.
Note: Uncovered assets before the snapshot and asset transactions after the
snapshot will not be included in the audition.
How to verify CoinEx wallet address ownership How to examine whether my assets
are in the Merkle Tree
Making Crypto Trading Easier

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2023-07-31 19:42:03 UTC+0
24H Value: 221,115,930.02 USD

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