Binance shars the details of all hot and cold wallet addresses

Binance has always been committed to increasing transparency in order to promote users’ trust in the ecosystem, therefore, Binance hopes to share with you the details of Binance’s hot and cold wallet addresses and will continue to update them in the future.

This is the starting point for Binance to start creating the Merkle Tree Proof of Reserve (POF), and Binance will share the progress of this proof with the community in the coming weeks.

Binance’s goal is to empower users of Binance to understand and make informed decisions that are consistent with their financial goals.

Here is a list of some wallet addresses:

*Includes BTC, ETH, BSC, BNB, TRX networks

*Snapshot at 00:00 UTC on October 11, 2022

This list only includes major tokens on the BTC, ETH, BSC, BNB, TRX networks.

But this is not all the data, Binance will update it in the full audit report later.

BTC: about 475,000

ETH: about 4.8 million

USDT: about 17.6 billion

BUSD: about 21.7 billion

USDC: about 601 million

BNB: about 58 million

Binance recently updated the stored value of the Investor Protection Fund (SAFU) to ensure that the fund remains at $1 billion regardless of market fluctuations.

The fund was established in 2018 to deal with the loss of user assets caused by extreme conditions or security issues and protect the interests of investors.

This is another part of Binance’s commitment to all users to build the safest and fairest blockchain ecosystem in the world.

Go to Binance’s Official Website