OKX Demonstrates Strong Financial Health with Over-Collateralized Reserves for 22 Major Cryptocurrencies
OKX has once again proven its commitment to transparency and financial stability by releasing its 30th consecutive proof-of-reserves report. The report highlights the exchange’s over-collateralization of 22 major digital assets, totaling $23.1 billion in customer holdings. With reserve ratios consistently exceeding 100% for cryptocurrencies like Bitcoin, Ethereum, and Tether, OKX continues to solidify its reputation as a secure and liquid platform for digital asset trading.
OKX Maintains 100%+ Reserve Ratios for 22 Major Cryptocurrencies
OKX has released its 30th consecutive proof-of-reserves report, demonstrating over-collateralization for 22 digital assets totaling $23.1 billion in customer holdings. The exchange maintains reserve ratios exceeding 100% for Bitcoin, Ethereum, Tether, and other major tokens—a practice it credits for its reputation in security and liquidity.
’We ensure our balance sheet always holds enough assets with a 1:1 reserve ratio,’ the exchange stated, emphasizing its commitment to safeguarding customer funds. The audit, conducted by web3 security firm Hacken, covers prominent assets including XRP and Dogecoin alongside stablecoins and Layer 1 tokens.
OKX Launches Service for Easier Crypto Payments and Self-Custody
Cryptocurrency exchange OKX has introduced "OKX Pay," an in-app feature designed to simplify cryptocurrency payments and enhance self-custody accessibility for users worldwide. The service addresses key usability challenges, particularly private key management and asset security risks.
OKX Pay employs a novel approach to private key custody, splitting control between the user’s passkey wallet and OKX. This enables seamless account recovery via zero-knowledge email verification while maintaining security—funds cannot be moved without explicit user authorization.
The initial rollout focuses on stablecoins USDT and USDC, allowing fee-free transactions with messaging-like ease. This move signals OKX’s push to bridge the gap between crypto’s technical complexity and mainstream adoption.
