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SINGAPORE, Dec. 1, 2022 /PRNewswire/ BingX, one of the leading crypto exchanges, took the lead and published its Proof-of-Reserve report verified by Mazars, a trusted third-party auditor, offering BingX's customers additional transparency and reassurance that their cryptocurrency holdings are collateralized, with collateralization ratios of 132%, 122%, 186%, and 112% for BTC, ETH, USDC, and USDT respectively, exist on the blockchain and under the control of BingX. Mazars is a leading international audit, tax and advisory firm, with a presence in over 90 countries and territories. With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market. "Mazars takes pride in assisting leading exchanges such as BingX to bring transparency to the crypto industry. Our attestation services will allow BingX to be more transparent, so their users can feel safe and assured about

Singapore
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Wiehann-olivier
Prnewswire-bing
Mazars-south-africa
Digital-asset-lead
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Communications-director