Dear BitradeX Users,
To continuously enhance platform asset transparency, information disclosure standards, and the foundation of user trust, BitradeX's 180 million USDT Proof of Reserves (PoR) has now been integrated and displayed by CoinMarketCap (CMC). Users can now view the platform's reserve asset information, on-chain addresses, and relevant data display status through the public page to gain a deeper understanding of the platform's asset structure and reserves.
I. How can users view it?
Users can visit the BitradeX page on CoinMarketCap to view information regarding the platform's 180 million USDT Proof of Reserves:
https://coinmarketcap.com/exchanges/bitradex/
The data displayed on the page is subject to the actual display on the CMC public page.
II. What is Proof of Reserves (PoR)?
PoR, or Proof of Reserves, generally refers to the method by which a platform publicly discloses its reserve asset information, allowing users to understand the platform's asset reserves within a certain scope. Through the reserve data and on-chain address information displayed on the CMC page, users can more intuitively view the platform's asset composition, reserve asset status, and on-chain verifiable information.
III. Core Significance of This Launch
First, greater asset information transparency.
The platform's reserve asset structure, on-chain addresses, and data update status can be displayed through a public page, allowing users to obtain clearer information references.
Second, enhanced on-chain information verifiability.
The core value of PoR is not just "display," but rather "queryability, traceability, and cross-verifiability." Users can view relevant on-chain reserve information through public channels, enhancing their understanding of the platform's asset status.
Third, further improvement in information disclosure standards.
Proof of Reserves has become one of the important information disclosure methods in the digital asset industry. Integrating into the CMC display system helps present the platform's asset information in a more standardized, structured, and comparable manner.
Fourth, continuously strengthened foundation of platform trust.
The launch of this PoR is an important step for the platform to transition from business growth to transparency and standardized construction, reflecting BitradeX's ongoing commitment to public disclosure, long-termism, and user trust.
The launch of BitradeX on the CMC PoR display system marks a new stage where platform asset information disclosure becomes more public, standardized, and verifiable. By displaying reserve information through a third-party public platform, BitradeX will continue to promote asset transparency, reduce information asymmetry issues of centralized platforms, and provide global users with a clearer and more verifiable asset backing reference.
The BitradeX Team
July 6, 2026