Binance launches reserve confirmation system for bitcoin

Time:2022-11-25 08:23 Source:Internet Copy share

Binance has launched a reserve confirmation system for bitcoin.According to Binance, the company holds 582485 BTC in reserves, with 575742 BTC in user accounts.The exchange also provided a link through which users can check their bitcoins on the platform.In the next few weeks, the company will add support for other tokens as well.In addition, the company has announced plans to bring in third-party auditors to review its reserve validation system. Binance also intends to implement zero-disclosure proof technology to preserve user privacy.
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