Bybit Reserve Certificate Report Shows Significant Growth in User Assets
The Bybit reserve certificate report revealed significant surges across various cryptocurrencies. BTC holdings spiked by 16.44%, totaling 6,273 BTC, while ETH assets increased by 15.95%, adding 47,700 ETH
On April 3, Bybit unveiled its ninth reserve certificate, showcasing substantial growth in users' assets.
The Bybit reserve certificate report revealed significant surges across various cryptocurrencies. BTC holdings spiked by 16.44%, totaling 6,273 BTC, while ETH assets increased by 15.95%, adding 47,700 ETH. Additionally, USDT holdings rose by 10.62%, accumulating an extra 226 million USDT. Over the past month, the exchange witnessed a noteworthy net inflow of $534 million.
Bybit's commitment to transparency and risk management was underscored by the expansion of its Proof of Reserves (PoR) protocol, now covering 32 cryptocurrencies. Bybit reserve certificate report employs advanced cryptographic accounting methods, including the Merkle Tree structure, to ensure the security of users' digital assets.
Bybit Seeks VATP License for Regulatory Compliance
Established in 2018, Bybit has rapidly ascended as a dominant force in the crypto exchange realm, attracting millions of active users with its reliability and diverse offerings.
