According to the official announcement, Gate.io released its December Reserve Report on December 6th, 2024. The report revealed that the platform’s total reserves reached an all-time high of $9.566 billion, with an overall reserve ratio of 123.91%.

Key highlights include:

• BTC reserves: 20,773 BTC with a reserve ratio of 124.47%.
• ETH reserves: 290,365 ETH with a reserve ratio of 128.52%.
• Surplus reserves: $1.846 billion, marking a 68.89% increase, with a surplus reserve ratio of 23.91%.

Gate.io’s reserves now cover 209 assets, with reserve ratios significantly exceeding the 100% industry benchmark. As the first exchange in the industry to commit to 100% reserves, Gate.io remains dedicated to transparent operations and a high-standard risk control system. This ensures robust protection for users’ assets and delivers a more secure and reliable trading environment.

For more details: https://www.gate.io/proof-of-reserves/?ch=GM_profVieothermedias_20241206&utm_campaign=TR_ELSm9tZi&utm_content=&utm_medium=Flash+News&utm_source=CH_n73L4tXy&utm_term=