BingX Merkle Tree-based Proof-of-Reserves (PoR) 2023-01-15 Snapshot

Markets
Spot

Spot

Trade hot assets in minutes

Convert

The easiest way to trade

Solana Swap

Swap for hot tokens on Solana

Pre-Market Trading

New token OTC trading platform
Derivatives

USDⓢ-M Perp Futures

Advanced trading settled in USDⓢ

Coin-M Perp Futures

Advanced trading using crypto as the margin

Standard Futures

Easy to use for ordinary investors

Futures Kickoff

Tailored for first-times, try Futures trading with one click

Trading Information

View market info, trading guide, etc.

Perpetual Futures

Contract Info

Trading Rules

Position & Leverage

Position & Maintenance Margin Rate

Funding Rate History

GTD Price Fee Rate

Multi-Assets Rules

Help Center

Standard Futures

Leverage & Position Limit

Adjustment Factor

Funding Rate History

Help Center
Copy Trading

Copy Trading

Copy the strategies of elite traders

Leaderboard

Tap into the wisdom of global elites for max. profits

Elite Traders Recruitment

Join the largest crypto trading community
Wealth

Earn

Secured principal and high returns with minimal risk

Grid Trading

Captures profitable opportunities automatically

Loan

Secure instant loans, repay anytime
Rewards Hub
More

Rewards

VIP Benefits

Invite to Earn

Promotion Center

BingX Card

BingX Academy

BingX Academy

Help Center

BingX Glossary

Blog

Company

BingX Affiliate Program

100% Proof of Reserves

BingX Community

About Us

Work With Us

BingX News

Partners

Past Announcements
Past Promotions

BingX Help Center BingX Merkle Tree-based Proof-of-Reserves (PoR) 2023-01-15 Snapshot

BingX

2023-01-11 18:29

Dear BingX Users,

Starting in January 2023, we will release semi-monthly snapshots of the Merkle Tree-based Proof-of-Reserves (PoR). You can check the data on BingX Merkle Tree Verifier Page in real time to confirm the security of your assets.

View Now

At BingX, you can rest assured that your assets are held at least at a 1:1 ratio.

BingX took the lead and published its Proof-of-Reserves report verified by Mazars, a trusted third-party auditor, offering our customers a further assurance of transparency.

As of 2023-01-15:

- BTC collateralization ratio is 650%

- USDT collateralization ratio is 185%

- ETH collateralization ratio is 237%

You're welcome to verify your assets in BingX by checking your Merkle Tree leaf node after logging in.

Understanding the Merkle Tree Proof-of-Reserves (PoR) >>

View Audit Report >>

Thank you for choosing BingX.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.