Binance just rolled out an update to how it shows Proof of Reserves, and honestly, it’s all about making things clearer for everyone. The way your assets are held or protected? That’s staying the same. But now, you get a better view into how things are actually counted.
So, what’s Proof of Reserves anyway? It’s Binance’s way of showing your assets are always backed 1:1, and you can check that backing yourself on-chain. Before this update, Binance used to leave out some of its own assets in the calculations. That wasn’t wrong, but it could make the reserve numbers look bigger than they really were, which was confusing.
Now, Binance includes a wider range of balances in its reports. This gives a more realistic picture of what’s on the platform. It lines up better with what “fully backed” really means, instead of making things look more secure than they actually are.
Here’s what hasn’t changed: You can still withdraw your assets whenever you want. Your access doesn’t change. And Binance’s promise to back your funds 1:1? That’s not going anywhere.
You can keep verifying your assets using Binance’s Merkle Tree tool, just like before. Think of this whole update as making the balance sheet easier to read, not changing what’s actually in the vault.
Bottom line: The new Proof of Reserves setup makes things more transparent and easier to understand. It’s a step forward in crypto accountability, not a sign of increased risk.
Want to see it for yourself? Head over to your Proof of Reserves page and try out the Merkle Tree verification. Get a real sense of how your assets are backed.
FAQs
Are user funds still fully backed?
Yep. Assets are still backed 1:1 and you can check it on-chain.
Does this affect withdrawals?
Nope. Withdrawals and access work the same as always.
Why did reserve ratios change?
Because Binance is now showing a broader and more accurate picture of total balances.
#Binance #ProofOfReserves #Write2Earn This post breaks down what’s new with Binance’s Proof of Reserves. Not financial advice.