VILNIUS, Lithuania, May 13, 2025 — BTCC, the cryptocurrency exchange with the longest operational history globally, has published its Proof of Reserves (PoR) report for April 2025, showcasing a strong total reserve ratio of 161%. This action signifies a considerable step forward in BTCC’s dedication to transparency and the security of user assets.
The PoR report, dated April 15, 2025, indicates that BTCC maintains reserves exceeding the 100% level across all major cryptocurrencies:
- Bitcoin (BTC): 165%
- Ethereum (ETH): 160%
- Ripple (XRP): 135%
- Tether (USDT): 162%
- USD Coin (USDC): 142%
- Cardano (ADA): 166%
According to Alex, Head of Operations at BTCC Exchange, the release of their Proof of Reserves report is a logical continuation of BTCC’s core principles of transparency. Alex stated that they are dedicated to enhancing transparency regarding user assets and strengthening their vision of making cryptocurrency trading dependable and accessible to everyone.
A reserve ratio above 100% signifies that user assets are not only fully backed on a 1:1 basis but are also over-collateralized, meaning the exchange holds more assets in custody than the total assets owned by all users.
Proof of Reserves is an auditing process that confirms the assets held by exchanges to guarantee a minimum 1:1 backing of all user funds. BTCC utilizes the widely accepted Merkle Tree cryptographic tool for its proof of reserves, and users can verify that their assets are securely backed in the exchange’s reserves using the latest Merkle root hash available on the .
This announcement emphasizes BTCC’s firm commitment to transparency and accountability within the industry. The exchange will publish PoR reports monthly, offering users continuous verification of their asset security. This consistent reporting establishes a new level of openness for the exchange and highlights BTCC’s commitment to fostering lasting trust with its user base.
BTCC has upheld an unblemished security record since its inception in 2011, operating for 14 years without any security breaches. As the exchange gears up to celebrate its 14th anniversary this year, this PoR release further cements its standing as a reliable platform for secure cryptocurrency trading.
About BTCC
Established in 2011, BTCC stands as one of the world’s longest-running cryptocurrency exchanges, delivering secure and easy-to-use trading services to millions of users worldwide. With a focus on security, innovation, and community development, BTCC remains a trusted platform in the constantly evolving cryptocurrency space.
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