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Bybit Released Proof of Reserves, Allowing Users to Verify Assets in Exchange

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Bybit Proof of Reserves

As part of our mission to be the Crypto Ark of the world, we spare no effort to ensure next-level reliability. As well as keeping our users' assets safe and secure, we are also committed to full transparency via our Proof of Reserves (PoR).

Bybit recently published our wallet addresses and a Nansen dashboard . We have also developed a Merkle Tree and conduct regular PoR audits, allowing you to easily confirm our pledge to hold your assets safely in a 1:1 ratio.

Using Bybit Proof of Reserves, you can verify the following:

1. The balance of your assets in our exchange

2. The balance and ownership of the wallet addresses we disclose

3. The reserve ratio

4. Verification of wallet ownership (coming soon)

We are currently working to enable wallet ownership verification, and will provide more details once that feature is available. In the meantime, we have provided detailed guides on how to conduct self-verification.

Verify Now

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