HTX Updates June Security Monthly Report, Putting User Asset Safety First
Singapore
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July 10, 2024 01:48 PM Eastern Daylight Time
HTX, as one of the world's leading exchanges, has always been committed to safeguarding user assets as its highest priority. HTX has been among the first exchanges to adopt "Merkle Tree Proof" to ensure transparency in its asset reserves and has made it routine to release audit reports. Now, HTX publishes its security monthly reports every month and lets data tell the platform's concrete efforts in security.
Previously, HTX reiterated its commitment by placing "prioritizing safety while ensuring no misappropriation of user assets" at the forefront of its industry initiative and promised that users' assets are fully redeemable. Therefore, HTX ensures users are well-informed about their assets, aligning with its "Win Users' Trust" principle. HTX aims to build a safer and more transparent firewall with cutting-edge technologies and strict adherence to the bottom line of safeguarding users' assets.
HTX has released its May Security Monthly Report. See below for the June 2024 Security Monthly Report from HTX, featuring detailed security-related data about the platform.
As part of its security efforts, the exchange has adopted Merkle tree proof of reserves and regularly discloses reserve data. This marks HTX as one of the earliest movers in proving platform reserves. From the end of 2022 to the present, HTX has conducted a total of 21 Merkle tree reserve audits, maintaining a reserve ratio above 100% to ensure that users can safely deposit and fully withdraw assets at any time. Looking ahead, HTX is poised to release its Security Monthly Report every month, implementing more precise data and rigorous financial standards to secure user assets in the long run.
About HTX
Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3.
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