Categories: Crypto

OKX reported $10.4 billion in cryptocurrency reserves

According to OKX's latest monthly proof of reserve (PoR) report, the exchange has $10.4 billion in cryptocurrency reserves. The assets are mainly held in BTC, ETH and USDT.

In addition to the three major cryptocurrencies, OKX reserves are held in other digital assets, including USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI. In total, the exchange's reserves cover 22 crypto assets.

“The tenth PoR report coincided with a 38% increase in OKX's assets under management, demonstrating that our strong focus on transparency is resonating with users,” said the exchange's chief commercial officer, Lennix Lai.

OKX recently notified users in Russia that it is not possible to make transactions using the Russian ruble in P2P mode directly between users. The Binance and Kucoin exchanges have also introduced restrictions for Russian users.

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