KuCoin Passes Reserves Audit with 100% Asset Backing

• KuCoin’s Proof of Reserves shows over 100% backing
• BTC, ETH, USDT, USDC all fully backed
• Exchange continues 32-month transparency streak

In a strong move for crypto trust and accountability, KuCoin has successfully completed a fresh Proof of Reserves (PoR) audit, revealing that its holdings of major digital assets are more than fully backed. According to the audit, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) all have over 100% collateralization, ensuring users their assets are safe and available.

This marks the 32nd consecutive month that KuCoin has proven its reserves, a significant milestone at a time when transparency is highly valued in the crypto space.

Over 100% Backing: What It Means for Users

The latest audit confirms that KuCoin holds more crypto in its wallets than the total user balances for BTC, ETH, USDT, and USDC. This means users can withdraw their assets at any time without liquidity concerns.

Such audits are crucial to maintain user trust, especially after past exchange failures that led to asset losses for customers. KuCoin’s commitment to routine, independent PoR checks helps set a standard for responsible crypto exchanges.

KuCoin’s Long-Term Commitment to Trust

KuCoin’s consistent reserve reporting over 32 months demonstrates a deep focus on financial integrity. In an era where regulators and users demand higher standards, KuCoin is proactively showing that it can meet those expectations.

By keeping over 100% of major assets in reserve, KuCoin not only complies with industry best practices but also strengthens its image as a reliable trading platform.

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