CoinEx Reinforces Transparency with Updated Proof of Reserves

/EIN News/ -- HONG KONG, May 01, 2025 (GLOBE NEWSWIRE) -- CoinEx, a leading cryptocurrency exchange, has reaffirmed its commitment to transparency, security, and user trust with an updated proof of reserve as of April 29, 2025, at 07:00 (UTC). Maintaining a 1:1 reserve ratio, CoinEx ensures that for every $1 in user deposits, it holds an equivalent amount in reserves, safeguarding users' funds and reinforcing its financial stability.

(As of 29/04/2025)

CoinEx maintains a reserve rate of CET at 120.11%. The reserve rate for major assets, including USDT, USDC, BTC, ETH and DOGE are 100.69%, 101.17%, 100.66%, 100.08% and 100.23% respectively. The total Market Cap in Wallets has reached $808,516,621.40, further solidifying CoinEx’s position as a secure and reliable trading platform.

CoinEx champions transparency as one of the earliest crypto exchanges to release proof-of-reserves to protect 100% of user assets, preserving its commitment to maintaining the highest standards of integrity while ensuring a secure trading environment for its users. For further details on the updated asset reserve ratio and the Merkle Tree structure, please visit here.

Security Infrastructure to Safeguard User Assets
The CoinEx security team also implements a comprehensive range of advanced security mechanisms to ensure the protection of user assets while maintaining a seamless trading experience. These measures include multi-signature protocols, physical system separation, real-time monitoring, and automated alerts for both hot and cold wallets.

To further enhance asset protection, CoinEx has established the CoinEx Shield Fund, allocating 10% of trading fees to mitigate potential extreme risks. The platform has forged strategic partnerships with SlowMist, assembling an elite security team dedicated to building a robust defense system and ensuring comprehensive protection. Through continuous advancements in security and risk management, CoinEx remains steadfast in its commitment to providing users with a secure and reliable trading environment.

About CoinEx

Established in 2017, CoinEx is an award-winning cryptocurrency exchange designed with users in mind. Since its launch by the industry-leading mining pool ViaBTC, the platform has been one of the earliest crypto exchanges to release proof-of-reserves to protect 100% of user assets. CoinEx provides over 1400 coins, supported by professional-grade features and services, for its 10+ million users across 200+ countries and regions. CoinEx is also home to its native token, CET, incentivizing user activities while empowering its ecosystem.

To learn more about CoinEx, visit: Website | Twitter | Telegram | LinkedIn | Facebook | Instagram | YouTube

Contact:
CoinEx
pr@coinex.com

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