BTC reserve ratio at 108.21%: On December 1, Binance reported a substantial Bitcoin reserve ratio of 108.21%, holding 627,745,577 BTC against user balances of 580,111,242 BTC. This demonstrates Binance’s commitment to ensuring transparency and assets’ backing, reassuring users of its financial solidity in the volatile crypto market.
Robust reserves for ETH, USDT, BNB: Apart from Bitcoin, Ethereum reserves hold a solid 102.68% ratio with 5,078,355,565 ETH. Tether’s reserves also show strength at 108.96%, and Binance Coin at 105.54%. These robust reserve ratios further solidify Binance’s reputation as a trustful exchange among its global user base.
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