Recently, the globally leading digital asset trading platform Gate.io released its reserve report for October 2024. The data shows that Gate.io has a total reserve value of up to $6.499 billion, with a total reserve ratio of 120.22%, and excess reserves amounting to $1.093 billion, an increase of 26.6% compared to May.

Mainstream Digital Asset Reserves Continue to Grow

The reserve data of mainstream cryptocurrencies has become an important reference for measuring the stable operation of trading platforms amid widespread market fluctuations. Sufficient reserves help platforms cope with market volatility and also reflect the stability of the platform's fund management capabilities to some extent.

The report indicates that Gate.io covers reserves of up to 209 types of digital assets, with reserves represented by mainstream cryptocurrencies such as BTC and ETH performing particularly well. Specifically, the BTC reserve amount is 20,070 coins, a 9% increase from May, with a reserve ratio of 119.54%; the ETH reserve amount is 275,530 coins, with a reserve ratio of 125.84%, an increase of 16.7% from May.

Reserve Audits Enhance Transparency

Since launching its proof of reserves in 2020, Gate.io has continuously optimized its fund security assurance mechanisms. Previously, Gate.io completed an audit through the independent blockchain security auditing firm Hacken, and users can access the latest audit report through the publicly provided page on the platform to understand the reserve situation in detail and verify the asset reserves in their personal accounts at any time.

Accelerating Transparency in the Crypto Industry

In recent years, the global digital asset market has gradually moved towards standardization, with transparency and fund reserve security becoming key factors for the stable operation of trading platforms. The release of reserve reports and the public availability of audits are increasingly recognized as standard measures within the industry.

Against this backdrop, mainstream trading platforms regularly releasing reserve reports and undergoing independent audits is an important step in responding to market regulatory demands and a key link in ensuring the healthy development of the industry. As the market scale expands, ensuring the safety and transparency of funds on trading platforms will become a major driving force for the continued growth of the digital asset industry in the future.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。