Binance reported Fr. 588 000 BTC in the reserves of the exchange – Bits Media

Binance cryptocurrency exchange submitted a report on the evidence of reserves (By), according to which the site has 588 000 BTC и 3,89 Milln ETH.

Binance users own 30,2 Milln BNB on the site, And customer assets in USDT exceed $15,4 billion. At the same time, the volume of stable USDC stablecoins It is $1,01 billion.

“When we are talking about“ proof of reserves ”, We mean those assets, which we store for users. We show evidence, that Binance has means, who cover all the assets of our customers 1:1», - said in the company.

At the same time, Binance corporate assets are taken into account in individual accounts and do not participate in the calculations of confirmation of reserves.

Earlier it became known, that the market share of Binance has decreased over the past months due to problems with the US authorities. In February, the share of the exchange in the volume of spotal trading 63%, And now she has fallen to about 47%. Nonetheless, Binance remains the largest cryptocurrency exchange of the world.

Now the site, obviously, The personnel crisis is experiencing. On the eve of the company, two top managers left the company at once against the backdrop of a lawsuit of the exchange with financial regulators in the USA and Europe-Gleb Kostarev and Director of the CIS, Director of Binance in Eastern Europe, announced their departure.