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Cryptocurrency exchange CoinEx confirmed that it maintains a 100% reserve ratio as of September 8, 2025 (07:00 UTC); this means that the platform holds sufficient on-chain and wallet assets to cover all user deposits.
100% Reserve Ratio
The publicly released Proof of Reserve report shows that CoinEx’s holdings for major tokens at or above reported customer balances at the snapshot time, with reserve ratios disclosed by the exchange.
The detailed reserve ratios are:
Total assets in CoinEx wallets are reported at $803,652,059.88 as of September 9, 2025.
“These figures highlight not only CoinEx’s ability to meet user obligations but also its practice of maintaining reserve 100%, providing an extra layer of security.”
CoinEx
CoinEx said it has practiced a 100% reserve policy since its 2017 launch and maintains that customer deposits are fully backed and can be withdrawn at any time. The exchange also emphasized that it does not use customer assets for other purposes, describing the policy as central to its commitment to transparency and security.
The exchange’s reserve ratio shows how much of each token the exchange holds compared to user deposits; a 100% ratio means assets are fully backed, while numbers above 100% indicate CoinEx holds more than customers have deposited, ensuring all withdrawals can be covered with a surplus.
Earlier this year, CoinEx Research and ViaBTC Capital’s 2024 Crypto Annual Report highlighted major industry milestones, including BTC hitting $100,000, ETH stabilizing above $3,500 after the Dencun upgrade, and surging institutional adoption through spot bitcoin and ethereum ETFs. The report pointed to AI integration with blockchain, the growth of the stablecoin and meme coin markets, and the tokenization of real-world assets as key 2024 trends.
Proving CoinEx Reserve
According to CoinEx, it employs a Merkle Tree data structure in its auditing process, which lets users verify their assets are included in the total via an encrypted snapshot.
All on-chain wallets, both hot and cold, and staking-managed funds are included in CoinEx’s reserve calculations.
The exchange noted that the process involves three steps:
- User asset data is encrypted into a Merkle Tree, allowing CoinEx to publish the total assets of all users.
- The exchange discloses the balances of all its on-chain wallets
- Users can compare these two figures to confirm that CoinEx’s on-chain assets equal or exceed customer deposits.
If the total assets in CoinEx’s wallets are greater than or equal to total user liabilities, the exchange’s 100% reserve rate is verified.
Merkle Tree (Hash Tree) is a data structure and usually a binary tree, which calculates the hash value layer by layer, from the leaf node to the top root node in a specific way.
Coinex Initiatives in PH
In August 2025, CoinEx Charity installed its fifth Starlink unit in the Philippines, donating satellite internet and a printer to Agusuhin School in Subic, Zambales, as part of its “Bridge to Hope: Starlink Program.”
The charity’s previous deployments include installations in Negros Occidental for municipal services, Laurel and Agoncillo, Batangas for education and disaster recovery, and Subic, Zambales schools to enhance digital access and provide learning resources.
Last March, CoinEx, in partnership with Laguna Media Corps, hosted a seminar for 50 journalists and media professionals focusing on digital communication, cybercrime prevention, and cryptocurrency literacy, featuring talks from CoinEx PH Country Manager Dell Omasas, veteran journalist Felix Tambongco, and the PNP Cybercrime Office.
Coinex was one of the exchanges flagged by the Securities and Exchange Commission (SEC) for not having a license in the Philippines.
This article is published on Bitinas: CoinEx Confirms 100% Reserve in September 2025
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