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CoinEx Update

CoinEx Updated Asset Reserve Ratio

2025-02-28 09:55:21

CoinEx, a leading cryptocurrency exchange, has announced an update to its asset reserve ratio on February 25, 2025, at 09:00 (UTC), reaffirming its commitment to transparency, security, and user trust.

By implementing the Merkle Tree structure, CoinEx enables users to independently verify their assets and confirm their inclusion in the Merkle Tree, ensuring the accuracy and security of the platform’s asset reserve data. This update enhances transparency by providing users with a secure and verifiable method to authenticate their holdings.

According to the latest data, CoinEx maintains a 1:1 reserve ratio, with CET reaching 118.27%. The reserve ratios for major assets, including USDT, USDC, BTC, and ETH, all exceed 100%. This means that for every $1 in user deposits, CoinEx holds at least an equivalent amount in reserves, ensuring the platform’s ability to meet all withdrawal demands. Currently, CoinEx verifies reserves for CET, USDT, USDC, BTC, ETH, and DOGE. The total Market Cap in Wallets reached $810,916,297.58. 

Since 2017, CoinEx has consistently upheld a 100% reserve ratio, prioritizing the security of user assets. This latest update marks a significant milestone in the platform’s ongoing efforts to safeguard user funds and maintain a secure and trustworthy investment environment.For further details on the updated asset reserve ratio and the Merkle Tree structure, please visit here.

Enhancing Security Infrastructure to Safeguard User Assets

CoinEx remains committed to strengthening its security infrastructure while adhering to its core "User First" principle. The CoinEx security team 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. Additionally, the platform has forged strategic partnerships with leading blockchain security institutions, 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.

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