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MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

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MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%
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MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

2026-03-05 18:00 Last Updated At:18:15

VICTORIA, Seychelles, March 5, 2026 /PRNewswire/ -- MEXC, the world's fastest-growing digital asset exchange and a pioneer of true zero-fee trading, released its February Proof of Reserve report, confirming that all major assets maintained reserve ratios above 100%. BTC reserve coverage rose to 267%, demonstrating the platform's continued commitment to transparency and user asset protection.

The February report shows reserve ratios of 267% for BTC, 112% for ETH, 117% for USDT, and 124% for USDC. MEXC wallet assets total 12,003.98 BTC, 73,433.86 ETH, $1.82 billion USDT, and $93.5 million USDC. BTC reserve coverage rose notably from January's 158% to 267%, with wallet assets nearly doubling from 6,172.88 BTC to 12,003.98 BTC. ETH reserve coverage increased from 107% to 112%, with reserves expanding from 61,729.67 ETH to 73,433.86 ETH. All reserve ratios remained well above the 1:1 backing standard.

MEXC updates its Proof of Reserve snapshots monthly, with independent audit reports published by Hacken, a leading blockchain security and audit firm. The Proof of Reserve framework utilizes Merkle Tree technology, enabling users to verify their balances while maintaining account privacy. Committed to a user-first approach, MEXC maintains ample reserves and conducts monthly independent audits to ensure all user assets remain fully protected. MEXC will maintain this monthly reporting practice, upholding industry-leading transparency standards and ensuring continued user confidence.

To view the latest Proof of Reserve snapshot and audit report, please visit MEXC's Proof of Reserves page.

About MEXC

Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

VICTORIA, Seychelles, March 5, 2026 /PRNewswire/ -- MEXC, the world's fastest-growing digital asset exchange and a pioneer of true zero-fee trading, released its February Proof of Reserve report, confirming that all major assets maintained reserve ratios above 100%. BTC reserve coverage rose to 267%, demonstrating the platform's continued commitment to transparency and user asset protection.

The February report shows reserve ratios of 267% for BTC, 112% for ETH, 117% for USDT, and 124% for USDC. MEXC wallet assets total 12,003.98 BTC, 73,433.86 ETH, $1.82 billion USDT, and $93.5 million USDC. BTC reserve coverage rose notably from January's 158% to 267%, with wallet assets nearly doubling from 6,172.88 BTC to 12,003.98 BTC. ETH reserve coverage increased from 107% to 112%, with reserves expanding from 61,729.67 ETH to 73,433.86 ETH. All reserve ratios remained well above the 1:1 backing standard.

MEXC updates its Proof of Reserve snapshots monthly, with independent audit reports published by Hacken, a leading blockchain security and audit firm. The Proof of Reserve framework utilizes Merkle Tree technology, enabling users to verify their balances while maintaining account privacy. Committed to a user-first approach, MEXC maintains ample reserves and conducts monthly independent audits to ensure all user assets remain fully protected. MEXC will maintain this monthly reporting practice, upholding industry-leading transparency standards and ensuring continued user confidence.

To view the latest Proof of Reserve snapshot and audit report, please visit MEXC's Proof of Reserves page.

About MEXC

Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

MEXC Releases February Proof of Reserve Report, BTC Coverage Rises to 267%

PROVIDENCIALES, Turks and Caicos Islands, March 5, 2026 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced "Trade New Futures & Share 1M Airdrop," a KuCoin Futures campaign featuring a 1,000,000 USDT total reward pool designed to reward users who hold positions in newly listed futures contracts. The program accrues rewards on an hourly basis tied to time in market and position exposure. By emphasizing sustained participation during the early trading window of new listings, the campaign is intended to support healthier participation, encourage more stable early liquidity, and help strengthen listing ecosystems.

New listings typically involve rapid price discovery, shifting liquidity, and heightened short-term activity. KuCoin's position-based approach is designed to encourage more organic liquidity formation by rewarding duration rather than speed, reducing the relative advantage of purely high-frequency, event-driven behavior. This structure aims to support a more transparent and stable trading environment around new listings, align incentives with longer and more deliberate market engagement, and help eligible users offset holding-related costs while contributing to more orderly early-stage participation.

The campaign also builds on KuCoin's established strength in altcoin and perpetual markets. According to CryptoQuant's Annual Exchange Leader Report 2025, KuCoin ranks among the top two exchanges globally in altcoin-oriented perpetual trading, with long-tail "other altcoins" and the top-eight altcoins by market capitalization representing over 50% of KuCoin's perpetual trading volume. This depth in diversified derivatives liquidity supports broader access to emerging assets and helps new listings develop with more consistent market participation.

Beyond trading incentives, the campaign reflects KuCoin's broader focus on improving how new markets mature. By rewarding time-in-market, KuCoin aims to encourage users to engage with new listings in a way that supports healthier participation, improves the quality of early liquidity, and helps emerging projects and markets move through early volatility with more consistent user involvement.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

PROVIDENCIALES, Turks and Caicos Islands, March 5, 2026 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced "Trade New Futures & Share 1M Airdrop," a KuCoin Futures campaign featuring a 1,000,000 USDT total reward pool designed to reward users who hold positions in newly listed futures contracts. The program accrues rewards on an hourly basis tied to time in market and position exposure. By emphasizing sustained participation during the early trading window of new listings, the campaign is intended to support healthier participation, encourage more stable early liquidity, and help strengthen listing ecosystems.

New listings typically involve rapid price discovery, shifting liquidity, and heightened short-term activity. KuCoin's position-based approach is designed to encourage more organic liquidity formation by rewarding duration rather than speed, reducing the relative advantage of purely high-frequency, event-driven behavior. This structure aims to support a more transparent and stable trading environment around new listings, align incentives with longer and more deliberate market engagement, and help eligible users offset holding-related costs while contributing to more orderly early-stage participation.

The campaign also builds on KuCoin's established strength in altcoin and perpetual markets. According to CryptoQuant's Annual Exchange Leader Report 2025, KuCoin ranks among the top two exchanges globally in altcoin-oriented perpetual trading, with long-tail "other altcoins" and the top-eight altcoins by market capitalization representing over 50% of KuCoin's perpetual trading volume. This depth in diversified derivatives liquidity supports broader access to emerging assets and helps new listings develop with more consistent market participation.

Beyond trading incentives, the campaign reflects KuCoin's broader focus on improving how new markets mature. By rewarding time-in-market, KuCoin aims to encourage users to engage with new listings in a way that supports healthier participation, improves the quality of early liquidity, and helps emerging projects and markets move through early volatility with more consistent user involvement.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

KuCoin Introduces 1M USDT Futures Airdrop, Rewarding Time-in-Market on New Listings to Strengthen Listing Ecosystems

KuCoin Introduces 1M USDT Futures Airdrop, Rewarding Time-in-Market on New Listings to Strengthen Listing Ecosystems

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