MEXC Releases October 2026 Proof of Reserves, Reinforcing User Trust Through Verifiable Transparency
Mutsamudu, Comoros, October 16, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its October 2026 Proof of Reserves (PoR) report. Independently audited by Hacken, the report confirms that the platform’s reserves continue to fully cover user holdings across all major reserve assets. As part of its commitment to putting users first, MEXC publishes monthly reserve data that users can independently verify, reinforcing user trust through transparency. According to the audit report, MEXC’s reserve ratios stand at 294% for BTC, 122% for USDT, 115% for USDC and 111% for ETH. All four reserve ratios exceed the 100% benchmark, with BTC showing the largest margin above the benchmark. MEXC’s PoR framework combines user-level verification, on-chain transparency, and independent third-party audits. Through Merkle Tree technology, users can independently verify that their account balances are included in the platform’s reported liabilities while preserving the privacy and confidentiality of user account information. MEXC also publicly discloses its custodial wallet addresses, enabling independent verification of its on-chain holdings. To further strengthen transparency and external oversight, MEXC partners with Hacken, an independent blockchain security and auditing firm, to conduct monthly Proof of Reserves audits covering Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a Merkle-tree verification. Beyond regular PoR reporting, MEXC continues to strengthen its multi-layered security framework to protect user assets. The platform employs cold and hot wallet management, supported by multi-signature authorization and layered risk controls. The MEXC Futures Insurance Fund helps cover losses that exceed a user’s margin following liquidation, providing a risk buffer during extreme market conditions. The Guardian Fund is designed to protect users facing serious security incidents, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. Recent attacks across the digital asset industry have again demonstrated that security threats are not static.
Key Takeaways
- Mutsamudu, Comoros, October 16, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its October 2026 Proof of Reserves (PoR) report.
- Independently audited by Hacken, the report confirms that the platform’s reserves continue to fully cover user holdings across all major reserve assets.
- As part of its commitment to putting users first, MEXC publishes monthly reserve data that users can independently verify, reinforcing user trust through transparency.
Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Circle targets 40 new markets as stablecoin demand grows globally
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment firms.
MEXC AI Trading Report Reveals 85% of Crypto Traders Use AI, But Most Limit Its Control Over Funds
Mutsamudu, Comoros, October 16, 2026 — MEXC, a global cryptocurrency exchange, released its AI Trading Report, based on a survey of 3,708 crypto traders. The report examines how respondents use AI, how much trading authority they would delegate, and what…
U.S. judge rejects Gemini’s appeal to void $5 million settlement despite CFTC backing
The crypto exchange already paid up, but a court order and restrictions from its 2025 settlement will not be lifted even though the CFTC said the case should have never been presented.