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Cryptocurrency News Articles
Gate.io Reserve Strength Continues to Rise, Surplus Reserves Keep Growing
Jan 22, 2025 at 06:29 pm
On January 17th, 2025, Gate.io released its latest Proof of Reserves report, once again demonstrating its industry leadership with outstanding figures.
Cryptocurrency exchange Gate.io has released its latest Proof of Reserves report on January 17th, showcasing remarkable growth and once again asserting its industry leadership with outstanding figures. This milestone further solidifies the platform's unwavering commitment to security and trust, providing users and the market with an increasingly strong foundation of reliability.
As the report indicates, Gate.io's total reserve fund reached new heights, hitting $10.328 billion in January 2025, ranking fourth globally with a total reserve ratio of 128.58%. This marks a 4.67% increase from the previous period and significantly surpasses the industry benchmark of 100%. Among major cryptocurrencies, BTC reserves stand at 20,412 BTC with a reserve ratio of 123.06%, ETH reserves amount to 257,007 ETH with a reserve ratio of 112.04%, and USDT reserves total 910,783,326 USDT with a reserve ratio of 118.60%, reflecting a 9.35% increase from the previous period.
notably, Gate.io's reserves cover user assets across more than 200 cryptocurrencies, offering enhanced security through substantial surplus reserves. Currently, Gate.io's surplus reserves stand at $2.296 billion, boasting a surplus reserve ratio of 28.58% — a $450 million increase from December 2024, reflecting an impressive 24.38% growth.
In the digital asset industry, technological innovation serves as a crucial driver of trust and transparency. Gate.io continues to enhance the application of zero-knowledge proof (zk-SNARK) technology in its reserve fund audits, offering users a higher level of transparency and privacy protection. Through this technology, Gate.io can prove the sufficiency of its asset reserves without disclosing any transaction details, further strengthening user confidence in the platform.
Moreover, Gate.io integrates cold and hot wallet verification, user balance snapshots, and Merkle tree structures to establish a comprehensive and efficient user verification mechanism. Users can easily access detailed audit reports through the platform's dedicated page and verify their personal reserve coverage in real time on Gate.io's Proof of Reserves page.
As the digital asset trading market expands rapidly, the demand for platform security and transparency has also surged. Gate.io's regular reserve fund disclosures not only reaffirm its commitment to user security but also actively promote industry transparency and regulatory compliance. The impressive results of this reserve report once again demonstrate that “transparency and security” are the fundamental pillars of long-term trust.
Furthermore, Gate.io's reserve verification mechanism has been audited by the authoritative blockchain security firm Hacken, further solidifying user trust in the platform. By continuously advancing technological innovation and transparent operations, Gate.io is committed to providing users with a secure, reliable, and trustworthy trading environment.
From being one of the first to commit to 100% reserves to fully implementing zero-knowledge proof technology, Gate.io continues to lead the industry by advancing both technology and security. With its self-developed high-performance trading system, institutional-grade multi-signature storage mechanism, and bug bounty program, Gate.io has built a comprehensive security framework for user assets.
Looking ahead, Gate.io will continue to leverage its strengths in transparency and technology, exploring new breakthroughs while working alongside global users to co-create a safer and more trustworthy digital asset trading ecosystem. Gate.io firmly believes that ongoing technological innovation and unwavering commitment to user trust will inject fresh momentum into the development of the digital asset industry.
About Gate.io
Gate.io is a globally leading comprehensive cryptocurrency exchange, established in 2013, and is dedicated to providing users with secure, efficient, and convenient digital asset trading services. As a pioneer among Bitcoin trading platforms, Gate.io ranks fourth globally in 24-hour spot trading volume. Supporting over 3,500 cryptocurrencies, Gate.io offers spot trading, futures contracts, leveraged trading, and financial products, delivering a full-spectrum and diversified digital asset trading experience along with blockchain-related services.
Media Contact:
Elaine Wang at [email protected]
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