HTX Releases June Security Monthly Report, Emphasizes User Asset Safety
TL;DR
HTX is committed to safeguarding user assets, ensuring transparency and security efforts, giving users a competitive advantage.
HTX adopts Merkle Tree Proof, publishes monthly security reports, and maintains a reserve ratio above 100% to secure user assets.
HTX's security measures make the world a better place by prioritizing safety, ensuring transparency, and building trust with users.
HTX's adoption of Merkle tree proof of reserves and release of security reports provide interesting and educational insights into platform security.
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HTX, a leading global exchange, has once again reinforced its commitment to user asset safety with the release of its June 2024 Security Monthly Report. The report provides detailed security-related data, underlining the platform's ongoing efforts to ensure transparency and safety for its users.
As an early adopter of 'Merkle Tree Proof' to validate asset reserves, HTX has positioned itself as a pioneer in the industry. The exchange has made it a routine practice to release audit reports to ensure users are well-informed about their assets. This aligns with HTX's principle of 'Win Users' Trust,' aiming to create a safer and more transparent environment for digital asset trading.
The newly released June report follows the publication of the May Security Monthly Report, and offers an in-depth look at various security measures and data points. HTX's commitment to transparency is further demonstrated by its regular disclosure of reserve data through Merkle tree proof, which the company has been conducting since the end of 2022.
To date, HTX has completed 21 Merkle tree reserve audits, consistently maintaining a reserve ratio above 100%. This ensures that users can safely deposit and fully withdraw their assets at any time. The exchange's proactive approach to security aims to provide users with peace of mind, knowing that their assets are protected by rigorous financial standards and cutting-edge technologies.
Looking forward, HTX plans to continue releasing its Security Monthly Report each month, incorporating more precise data and stringent financial standards to further secure user assets. This ongoing effort underscores HTX's dedication to maintaining user trust and promoting a secure trading environment.
Founded in 2013, HTX has grown from a cryptocurrency exchange to a comprehensive blockchain business ecosystem. The company offers a wide range of services, including digital asset trading, financial derivatives, wallets, research, investments, and incubation. As a leading gateway to Web 3.0, HTX is committed to global expansion, ecological prosperity, and stringent safety and compliance measures.
For more information, visit the HTX website.
Curated from News Direct
