NIO Proof of Reserves
At NIO, we are committed to ensuring the safety and accessibility of your assets. To achieve this, we maintain a strict 1:1 reserve ratio to ensure that all funds held on our platform are fully backed and secure. User assets are matched by an equivalent reserve for full transparency and trust.
Audit date:
05/01/2025, 00:00:00Reserve ratio = platform reserve / users' assets. When the reserve ratio is greater than or equal to 100%, this means that the platform has sufficient funds to cover user assets.
USDT
Tether
Reserve ratio
102%
BTC
Bitcoin
Reserve ratio
109%
ETH
Ethereum
Reserve ratio
108%
USDC
USD Coin
Reserve ratio
115%
Verified on
CoinMarketCap
Protection Fund
1000 BTC
What is Proof of Reserves?
Proof of Reserves (PoR) is a fundamental mechanism that ensures custodians maintain sufficient funds to cover all user assets and deposit liabilities, guaranteeing the platform's solvency.
Through advanced cryptographic attestation, NIO demonstrates the existence of specific assets on its blockchain at any given moment, providing transparent insights into aggregate user balances. This process upholds the confidentiality of individual account information.
PoR is an essential cornerstone of the cryptocurrency trading ecosystem, enhancing trust and accountability among all stakeholders.
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