This second POR certificate proves that there are at least 1:1 on-chain reserves for all assets owned by investors, who can also conduct their own independent verification by <a href="https://www.kucoin.com/proof-of-reserves" rel="noopener noreferrer nofollow">clicking here</a>.KuCoin has been rolling out security and liquidity certifications over the last year. These efforts ramped up in the wake of the collapse of cryptocurrency exchange FTX.At the time of this writing, KuCoin has the following cryptocurrency reserve rates:<ul><li>Bitcoin: 102%</li><li>Ethereum: 102%</li><li>USDT: 101%</li><li>USDC: 101%</li></ul>KuCoin reviews praised the exchange for assuring its users with correct know-your-customer protocols and having the correct liquidity to ensure the proper functioning of the crypto exchange.This makes trading on KuCoin safer. Combine this with the<a href="https://www.cryptowisser.com/exchange/kucoin/" rel="noopener noreferrer nofollow"> KuCoin fee</a> model for trading, which is a flat model which guarantees that trading fees for both makers and takers are well below the global average. You can lower these fees even more by holding KSC, the exchange’s native token.

KuCoin Launches Second Proof-of-Reserves

Cryptowisser

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