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According to Binance, their February 2026 Proof of Reserves (PoR) update is now live. The Binance PoR system enables users to independently verify that all user assets are fully backed 1:1, ensuring transparency and trust in the platform. This monthly update highlights Binance's commitment to maintaining secure and verifiable asset reserves.

According to Binance, concerns regarding their platform's data accuracy have been addressed, noting discrepancies in third-party sources like Coinglass and DefiLlama. Binance emphasized the importance of verifying user assets through their proof-of-reserves and promoted regular withdrawal tests as a healthy practice. They also proposed the idea of an annual 'Withdrawal Day' for all trading platforms to ensure asset authenticity.

According to Binance, it will convert about $1B of the SAFU fund’s stablecoin reserves into BTC within the next 30 days and will rebalance the fund based on market value, replenishing it to $1B if BTC price movements cause it to fall below $800M (source: Binance). According to Binance, its Proof of Reserves totals $162.8B across 45 crypto assets and the exchange described Bitcoin as the foundational asset and premier long term store of value (source: Binance). According to Binance, 2025 user protection and compliance actions included assisting 38,648 incorrect deposit cases totaling $48M, contributing to $1.09B in cumulative user deposits recovered, helping 5.4M users through risk controls that cumulatively prevented $6.69B in potential scam related losses, and collaborating with law enforcement that led to $131M in confiscated funds (source: Binance). According to Binance, spot listings spanned 21 public blockchains, led by ETH, BSC, and SOL ecosystems (source: Binance). Based on Binance’s announcement, traders can track the BTC conversion window and future rebalancing policy for potential flow implications, noting that Binance did not disclose execution mechanics or a detailed schedule beyond the 30 day completion guidance (source: Binance).

According to @GracyBitget, Bitget has been publishing monthly Proof of Reserves and Transparency Reports since December 2022, reinforcing ongoing solvency disclosures for users and traders (source: X post by @GracyBitget). The latest December 2025 Proof of Reserves update reports a total reserve ratio above 136 percent and includes Merkle Tree data so users can verify their assets on-chain (source: X post by Nacho AF of Bitget; source: Bitget Proof of Reserves page). For traders, regularly published PoR with user-verifiable Merkle proofs provides a real time solvency check that informs counterparty exposure and venue selection during periods of volatility (source: Bitget announcements on X).