#Gate 8月储备金报告出炉# Gate announced the August reserve report 📊
As of August 8:
✅ Total reserve: $12.02 billion
✅ Total Reserve Ratio: 123.98%
✅ Excess Reserves: 2.32 billion USD
Except for $BTC, $ETH, and $USDT, the asset reserve ratios of $GT, $DOGE, and $XRP exceed the 100% reserve benchmark📈
Continuously fulfill the long-term commitment to user asset security and platform transparency.
What is a 100% reserve?
In centralized exchanges, each user's assets are recorded through ledgers in a database, and how to securely prove that the platform has properly safeguarded all users' assets is a self
View OriginalAs of August 8:
✅ Total reserve: $12.02 billion
✅ Total Reserve Ratio: 123.98%
✅ Excess Reserves: 2.32 billion USD
Except for $BTC, $ETH, and $USDT, the asset reserve ratios of $GT, $DOGE, and $XRP exceed the 100% reserve benchmark📈
Continuously fulfill the long-term commitment to user asset security and platform transparency.
What is a 100% reserve?
In centralized exchanges, each user's assets are recorded through ledgers in a database, and how to securely prove that the platform has properly safeguarded all users' assets is a self