OKX Introduces Proof of Reserves, Self-Audit Feature, and Custodial Wallet

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OKX, the second-largest cryptocurrency exchange globally by trading volume, has launched three innovative features to enhance transparency, security, and user control over digital assets. These advancements include Proof of Reserves (PoR), a self-audit tool, and an Independent Custodial Wallet for institutional clients.

Proof of Reserves: Boosting Transparency

OKX now offers a dedicated Proof of Reserves page showcasing:

This initiative ensures users can independently confirm their funds are fully backed by OKX’s reserves, aligning with the exchange’s commitment to transparency post-market turbulence.

Self-Audit Feature: User Empowerment

Launching this week, the self-audit tool allows clients to:

👉 Explore how self-auditing enhances asset security

Independent Custodial Wallet: Institutional-Grade Security

OKX pioneers the first Independent Custodial Wallet for high-net-worth and institutional users, featuring:

Why These Features Matter

Lennix Lai, OKX Director of Financial Markets, emphasized:

"Transparency rebuilds trust. Our tools let users validate asset backing, supported by third-party audits. The industry must prioritize openness to recover sustainably."

OKX safeguards over 20 million users worldwide, maintaining a 1:1 reserve ratio and a reputation for top-tier security.


FAQ Section

Q1: How often does OKX update its Proof of Reserves?
A: OKX conducts PoR audits regularly, with reserve ratios updated in real-time on its dedicated page.

Q2: Can retail users access the Independent Custodial Wallet?
A: Currently, this feature is tailored for institutional and high-net-worth clients.

Q3: Which cryptocurrencies are supported by the self-audit tool?
A: Initially BTC and ETH, with plans to expand support based on user demand.

Q4: How does OKX ensure 1:1 asset backing?
A: Through periodic third-party audits and publicly verifiable reserve data.

👉 Learn more about OKX’s security measures


Keywords: OKX, Proof of Reserves, cryptocurrency exchange, self-audit, custodial wallet, Bitcoin, Ethereum, asset security

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