MEXC February Proof of Reserve Report Reveals Significant BTC Coverage Increase

MEXC, a leading digital asset exchange, has published its February Proof of Reserve report. This report confirms that the platform maintains adequate reserves for all major assets, ensuring user asset protection.

The reserve ratios for BTC, ETH, USDT, and USDC are 267%, 112%, 117%, and 124% respectively. These figures demonstrate MEXC's commitment to transparency and user confidence.

MEXC updates its Proof of Reserve snapshots monthly, with independent audit reports conducted by Hacken, a blockchain security firm. The platform utilizes Merkle Tree technology for balance verification while maintaining account privacy.