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What are proof-of-reserves audits, and how do they work?

December 26, 2022 by DIGIT
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Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors.

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Categories Proof of Reserves
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  • ethereumEthereum(ETH)$2,555.25-4.12%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.34-3.54%
  • binancecoinBNB(BNB)$669.71-2.40%
  • solanaSolana(SOL)$175.04-3.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.228466-6.91%
  • cardanoCardano(ADA)$0.76-6.42%
  • tronTRON(TRX)$0.272675-0.30%
  • bitcoinBitcoin(BTC)$108,153.00-2.29%
  • ethereumEthereum(ETH)$2,555.25-4.12%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.34-3.54%
  • binancecoinBNB(BNB)$669.71-2.40%
  • solanaSolana(SOL)$175.04-3.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.228466-6.91%
  • cardanoCardano(ADA)$0.76-6.42%
  • tronTRON(TRX)$0.272675-0.30%
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  • bitcoinBitcoin(BTC)$108,153.00-2.29%
  • ethereumEthereum(ETH)$2,555.25-4.12%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.34-3.54%
  • binancecoinBNB(BNB)$669.71-2.40%
  • solanaSolana(SOL)$175.04-3.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.228466-6.91%
  • cardanoCardano(ADA)$0.76-6.42%
  • tronTRON(TRX)$0.272675-0.30%
  • bitcoinBitcoin(BTC)$108,153.00-2.29%
  • ethereumEthereum(ETH)$2,555.25-4.12%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.34-3.54%
  • binancecoinBNB(BNB)$669.71-2.40%
  • solanaSolana(SOL)$175.04-3.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.228466-6.91%
  • cardanoCardano(ADA)$0.76-6.42%
  • tronTRON(TRX)$0.272675-0.30%