Ethereum

Reserve Dollar

Cryptocurrency

Million

Reserve

Leading cryptocurrency exchange Binance continues to demonstrate its commitment to transparency and user-centered financial services by issuing its reserve certificate. 
<h2 id="binance-releases-reserve-document-with-311-million-net-inflow">Binance Releases Reserve Document with $311 Million Net Inflow</h2> 
The report highlights key financial metrics that demonstrate the platform's resilience and growth in the ever-evolving crypto landscape. 
On the other hand, all assets held by Binance are kept in cold wallets, corresponding to over 100 percent. 
<figure id="attachment_128632" aria-describedby="caption-attachment-128632" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="wp-image-128632 size-large" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/12/binance-rezev-1024x456.png" alt="" width="696" height="310">
 <figcaption id="caption-attachment-128632" class="wp-caption-text">
 Reserves held by Binance in its cold wallets.
 </figcaption>
</figure> 
Other key highlights from the reserve certificate: 
<ol> 
 <li>Net Inflow 311 Million Dollars:</li> 
</ol> 
The reserve certificate reveals a significant Month-to-Month net inflow of $311 million. This indicates a positive trend in user activity and capital flow within the Binance ecosystem. 
<ol start="2"> 
 <li>Users' BTC Assets:</li> 
</ol> 
Users' Bitcoin (BTC) assets amounted to 561,000 BTC. However, there was a 4.05% decrease compared to the previous month, which corresponded to a decrease of 23,656 BTC. 
Related News: <a href="https://en.bitcoinsistemi.com/binance-futures-announces-listing-of-jto-with-50x-leverage/" target="_blank" rel="dofollow">Binance Futures Announces Listing of JTO with 50x Leverage!</a> 
<ol start="3"> 
 <li>Users' ETH Assets:</li> 
</ol> 
Users' Ethereum (ETH) holdings decreased by a reasonable 0.67% to 3.88 million ETH. 
<ol start="4"> 
 <li>Users' USDT Assets:</li> 
</ol> 
Tether (USDT) assets showed significant growth, reaching 16.1 billion USDT. This represents a strong increase of 5.67%, equivalent to 866 million USDT. 
The increase in USDT holdings indicates a preference for stablecoins, which are often used as a hedge against market volatility. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/binance-announces-first-reserve-evidence-after-czs-leaving-here-are-the-details/">Binance Announces First Reserve Evidence After "CZ's" Leaving! Here are the Details!</a>

Binance Announces First Reserve Evidence After "CZ's" Leaving! Here are the Details!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Dec 8, 2023

US Cracks Down on Crypto Terror Funding with Bipartisan Bill!

MicroVisionChain is Launching a Decentralized Exchange

XRP Ledger Welcomes Inheriti for Enhanced Asset Inheritance

Binance pulls back from Abu Dhabi license

I Would ‘Close Down’ Crypto If I Were the Government, Says JPMorgan CEO

ZRX Crypto Asset Bullish and is Expected to Rise Steadily

Join our free newsletter for daily crypto updates!