RE: Does verifiable Proof of Reserves reaffirms your trust in exchanges?

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Does verifiable Proof of Reserves reaffirms your trust in exchanges?

in hive-175254 •  11 months ago 

This is quite insightful, and has driven some curiosity in me and I had to check which exchanges has published their proof of reserve, turns out not many have done this in reality and the leading exchanges seems to take it very seriously, I guess this is to prove the effectiveness of their financial control even coinmarketcap recently announced updated proof of reserve for Bitget which totals $1.54 billion. I definitely will upt in for exchanges that audit their proof of reserve.

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