BingX Announces Its Verified Proof of Reserve With Mazars

SINGAPORE – Media OutReach – 1 December 2022 – BingX, one of the leading crypto exchanges, took the lead and published its Proof-of-Reserve report verified by Mazars, a trusted third-party auditor, offering BingX’s customers additional transparency and reassurance that their cryptocurrency holdings are collateralized, with collateralization ratios of 132%, 122%, 186%, and 112% for BTC, ETH, USDC, and USDT respectively, exist on the blockchain and under the control of BingX.