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Kraken regularly publishes proof of reserves. I don't recommend keeping funds on exchanges as a rule, but I don't feel stressed out leaving a percentage of my h
by zmaurelius 4y ago
Kraken regularly publishes proof of reserves. I don't recommend keeping funds on exchanges as a rule, but I don't feel stressed out leaving a percentage of my holdings there for an extended duration.
- cycrutchfield 4y agoDo they publish proof of liabilities too?
- gruez 4y agoInsofar as each client's deposits? Yes. >Any client can independently verify that their balance was included in the Proof of Reserves audit by comparing select pieces of data with the Merkle root. https://www.kraken.com/proof-of-reserves https://www.kraken.com/proof-of-reserves
- zmaurelius 4y agoI believe only Coinbase publishes total liabilities at the moment. In my opinion, Coinbase is the gold standard due to being a publicly traded company and Kraken carries more risk.
- digianarchist 4y agoNo