CoinCatch has successfully finalized its Proof of Reserves (PoR) update for September 2024. As of September 11, 2024, CoinCatch's total reserve ratio is recorded at 180.39%. The latest reserve ratio breakdown is outlined below:
| Coin Name | Reserve Ratio |
| BTC | 158.67% (Reserves are sufficient) |
| USDT | 186.39% (Reserves are sufficient) |
| ETH | 143.38% (Reserves are sufficient) |
| USDC | 190.79% (Reserves are sufficient) |
In our commitment to enhancing platform transparency, CoinCatch introduced its Proof of Reserves page in November 2023. Monthly updates of the data ensure that our clients' funds maintain a minimum 1:1 reserve ratio. Users can independently verify platform assets via the Merkle Tree.
Note: The reserve ratio is calculated as the platform's held funds divided by the user's funds on the platform. When the reserve ratio is greater than or equal to 100%, it indicates that the platform's funds are sufficient.
For more details on the Proof of Reserves, please visit: CoinCatch Proof of Reserves.
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