Valex's First Proof of Reserve Certificate Released, Backing Up Users' Assets Valex has released its first Proof of Reserve Certificate. This certificate provides users with information on the amount of Valex's riyal and cryptocurrency reserves compared to the liabilities of this platform. Based on the results of this survey, the ratio of Valex Real balance to users' Real liabilities is 157%, and the ratio of cryptocurrency balance to cryptocurrency users' liabilities is 109%. This means that Valex's real and cryptocurrency balances are more than its corresponding liabilities to users. Transparency regarding the amount of assets of cryptocurrency platforms and the relationship between it and their obligations to users is one of the important criteria for evaluating the performance and reliability of these platforms. Click to see the full text and details of the survey results.

Valex's First Proof of Reserve Certificate Released, Backing Up Users' Assets Valex has released its first Proof of Reserve Certificate. This certificate provides users with information on the amount of Valex's riyal and cryptocurrency reserves compared to the liabilities of this platform. Based on the results of this survey, the ratio of Valex Real balance to users' Real liabilities is 157%, and the ratio of cryptocurrency balance to cryptocurrency users' liabilities is 109%. This means that Valex's real and cryptocurrency balances are more than its corresponding liabilities to users. Transparency regarding the amount of assets of cryptocurrency platforms and the relationship between it and their obligations to users is one of the important criteria for evaluating the performance and reliability of these platforms. Click to see the full text and details of the survey results.