Crypto Exchange Bybit Discloses Details of the Volume of User Assets
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).”
