New Feature Release — CEX Transparency
Hello CryptoRank Community, we are thrilled to tell you about our new feature release!
You can now find publicly reported reserves of centralized crypto exchanges on CryptoRank.io.
As many exchanges have decided to increase their transparency and publish Proof of Reserves, we decided to collate all the available information in one place. This means that you can not only track, but also analyze exchanges’ reserves.
If you dive into CEX’s reserves (simply press on “Reserves” number), you can see all the holdings of the exchange’s reserve addresses. You also can create custom layouts or see detailed analytics of their portfolio on the designated pages.
Proof of Reserves indicates a pool of cryptocurrencies held on exchange’s wallets that indicate its ability to carry out withdrawals on the platform. Upon seeing real-time reserves of the institution, users and customers can be sure that the institution does in fact own the specific assets that correspond to the specific account balances.
We are continuously tracking all important updates about CEX reserves and updating our data so you don’t have to!
Have any questions or feedback? We’d love to hear from you!
Let us know what you think in our Telegram Community Chat