Binance stated in a report that it holds all user funds in a 1:1 ratio, along with additional reserves. Anyone can verify this through Binance’s Proof of Reserves (POR) system. The POR system supports 31 digital assets and utilizes an innovative solution based on zero-knowledge encryption, demonstrating Binance’s commitment to transparency in user funds.
Binance User Assets Surpass $100 Billion, BNB Exhibits Astonishing Performance in Recent Period