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🛡️ Gate Reserve Ratio Reportedly Reaches 118.49% — Why Does It Matter?
A crypto exchange's reserve ratio compares the assets it reports holding against the corresponding customer liabilities covered by that report.
If the reported ratio is 118.49%, it suggests that the reported reserve assets are worth more than the covered liabilities, subject to the report's scope and methodology.
🔍 What should users check?
• Which assets and liabilities are included?
• Is the proof-of-reserves report independently verifiable?
• Are customer liabilities fully covered?
• What limitations apply to the report?
⚠️ A reserve ratio above 100% is not a guarantee against every risk, such as operational failures, undisclosed liabilities or security incidents.
Always review the latest official Gate proof-of-reserves report.
#Gateio #ProofOfReserves #CryptoSecurity #CryptoExchange #HarryCrypto