BTCC Exchange Achieves 141% Reserve Ratio and Launches Contest
BTCC Exchange Reports Impressive 141% Reserve Ratio
BTCC, a long-established cryptocurrency exchange, recently released an impressive Proof of Reserves (PoR) report for August 2025, indicating a total reserve ratio of 141%. This figure demonstrates a significant progress compared to July's figure of 132%. The exchange attributes this increase to recent enhancements on its platform, including the introduction of a trading competition featuring exclusive merchandise signed by NBA star Jaren Jackson Jr.
Strengthened Cryptocurrency Reserves
The August PoR report reflects robust reserve ratios across several key cryptocurrencies. Here are the metrics for August:
Bitcoin (BTC) maintained a reserve ratio of 125%, while Ethereum (ETH) surged to 155%. XRP recorded a strong 142%, and Tether (USDT) followed closely at 140%. Notably, USD Coin (USDC) achieved the highest ratio at 170%, indicating BTCC's dedication to stabilization and overshadowing major industry benchmarks.
This trend of high reserves highlights BTCC's steadfast commitment to safeguarding user assets. Alex Hung, the Head of Operations, remarked, "Our trading volume has seen an impressive 68% month-over-month increase, with active traders growing by 35%. Our strong reserve ratio, especially for USDC at 170%, reflects our focus on transparency and asset security through ongoing monthly PoR updates."
Partnership with Jaren Jackson Jr.
Adding excitement to the trading landscape, BTCC has entered into a partnership with NBA All-Star Jaren Jackson Jr. He is now serving as the exchange's global brand ambassador, a significant move as it marks BTCC's initial venture into sports sponsorship. This collaboration is reinforced by a month-long trading competition boasting a prize pool of 500,000 USDT along with signed jerseys from Jackson Jr.
BTCC invites its users to participate in this trading competition, which is designed not only to engage traders but also to enhance the overall trading experience on the platform. Competition details, registration, and guidance are readily available for interested participants.
Enhanced User Experience and News Center
In a move to further boost user engagement and provide quality information, BTCC has launched a comprehensive News Center. This center offers deep dives into market trends and quick updates that aggregate information to keep users informed at all times. Users can access market dynamics, detailed analysis, and insights, enabling them to make well-informed decisions in their trading ventures.
Regular PoR Updates Since Launch
Since introducing monthly PoR reports in April 2025, BTCC has consistently confirmed reserves above the crucial 100% mark. The robust numbers found in the August report support BTCC's commitment to transparency and operational integrity, further ensuring users of their assets' safety.
About BTCC Exchange
Founded in 2011, BTCC stands out as a pioneer in the cryptocurrency exchange space, aspiring to make crypto trading accessible and dependable for users globally. With its operations spanning over 100 countries and an ever-growing user base of over 9.1 million individuals, BTCC is dedicated to innovation and an outstanding user experience in the dynamic cryptocurrency market.
The partnership with Jaren Jackson Jr. accentuates BTCC’s commitment to bridging the divide between traditional sports and digital assets, enhancing its visibility and appeal to mainstream audiences.
Frequently Asked Questions
What is the current total reserve ratio of BTCC?
BTCC's total reserve ratio is currently reported at 141% as of August 2025.
Who is the global brand ambassador for BTCC?
The global brand ambassador for BTCC is NBA All-Star Jaren Jackson Jr.
What cryptocurrencies are highlighted in the August PoR report?
The August PoR report highlights Bitcoin, Ethereum, XRP, Tether, USD Coin, and Cardano.
How can I participate in the trading competition?
Interested participants can find registration details and competition rules on BTCC's official site.
What features are included in BTCC's News Center?
BTCC's News Center features market updates, trend analysis, and comprehensive insights into various trading options.
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