Bybit has disclosed the volume of the main assets in the wallets of users.
According to the platform, it amounts to about $ 1.9 billion. The service has been implemented in partnership with analytical firm Nansen.
Bybit CEO Ben Zhou has said:
“We are exploring new storage solutions that will allow users to view your own balance on the network or third-party storage. Bybit guarantees 1:1 reserves for all users, and we have made sure that during the current non-standard period, all withdrawals are processed in a timely manner.”
According to the data, users prefer to hold assets on the platform in USDT and UDTC: 38.8% and 16.8% of the total value, respectively. For its part, Bitcoin accounts for 19.3%.
He has highlighted:
“We believe in transparency, as evidenced by one of the key initiatives, Bybit’s contribution to the BitDAO treasury (~$800 million).”
