KuCoin, one of the leading crypto exchange platforms, has dropped its 30th Proof of Reserve report for April 2025. This monthly update serves as a clear testament to KuCoin’s ongoing promise to uphold asset integrity and user trust. As the market is often clouded by misleading information, KuCoin’s consistent publication of PoR reports helps to restore its user confidence. In a recent tweet, KuCoin mentioned that it is concerned about the spread of false and misleading claims by some platforms. Also, the exchange highlighted that this kind of irresponsible reporting can lead users to lose trust. However, with PoR reports, KuCoin proves its commitment and reliability. Here is a detailed outlook on KuCoin’s PoR report for your better understanding. 

A new month, the same steady commitment to transparency.#KuCoin’s 30th #PoR Report reaffirms our dedication to safeguarding user assets with fully verifiable on-chain data.

Check the latest reserve figures here. 🔍

— KuCoin (@kucoincom) May 6, 2025

What is KuCoin’s Proof of Reserve (PoR) Report?

PoR is an essential mechanism that is used by many leading crypto exchanges like KuCoin. The main purpose of this PoR is to facilitate transparent asset backing. With this report, KuCoin confirms that it holds user funds in a 1:1 on-chain reserve. Further, it validates that every user asset listed on the KuCoin possesses an equivalent reserve held securely on-chain. This creates a reliable framework and ensures that user assets are fully backed. Also, with PoR, KuCoin reinforces its role as a responsible custodian in holding user funds with more transparency than ever.

We’re concerned about the spread of false or misleading information by some platforms.Irresponsible reporting misleads users and undermines trust in the crypto ecosystem.KuCoin remains strong with healthy, third-party audited reserves. View April 30 PoR: https://t.co/QIsj0IqbM9…

— KuCoin (@kucoincom) May 6, 2025

The Merkle tree data structure is the most essential principle that is used for verification in KuCoin PoR. This technology consolidates individual users’ account balances into a single cryptographic hash and functions as a tamper-proof summary. Furthermore, through this structure, users can independently verify their balances. Also, it empowers users with tools to audit KuCoin’s transparency in real time and build trust among users with immutable blockchain data. 

KuCoin’s Security and Transparency

KuCoin’s April 2025 PoR is a reflection of the platform’s trustworthiness by offering verification solutions. By adopting industry-leading tools and techniques, this crypto exchange ensures the long-term security of user assets. From developing scalable audit mechanisms to real-time monitoring systems, the exchange has committed to maintaining its transparency with substantial resources. These initiatives not only reaffirm user assets’ transparency but also highlight their different standards from other exchanges. 

How KuCoin Tackles Misinformation

In the crypto market, misleading information spreads rapidly and leads users to lose trust in using exchanges. To tackle this, KuCoin has taken steps to address the rise of false and misleading reports to safeguard its user assets. The exchange has published detailed and verifiable PoR reports and building trust among their users. Also, it helps users to audit their balances independently. With the recent publication of KuCoin’s 30th Proof of Reserve, the exchange proves its transparency in the market. While many platforms make false assurances about user funds’ safety, KuCoin reaffirms its promising security with cryptographic proofs. Market participants believe KuCoin will reshape the future of crypto with more transparency. 

Besides the continuous effort to counter misinformation, the exchange has also decided to take further steps in innovation and user experience. In a latest update, KuCoin has officially announced that it will soon support Space and Time (SXT) for Futures, Savings, Margins, and Fast Trade. This move not only enhances trading opportunities for SXT holders but also enhances service offerings across diverse trading modes.

#KuCoin will add @SpaceandTimeDB $SXT on Margin, Futures, Saving, Convert and Fast Trade

Details below ⬇️

— KuCoin (@kucoincom) May 6, 2025