MEXC released its June 2026 Proof of Reserves report on June 15, confirming the exchange holds enough crypto to cover all user deposits. The report, published out of Victoria, Seychelles, shows an average reserve ratio of 156.5% across major assets — meaning MEXC holds one and a half times what users have on the platform. Bitcoin reserves stand particularly high, at 269%.
Bitcoin reserve ratio hits 269%
The Bitcoin figure stands well above the exchange-wide average. For every Bitcoin users hold on MEXC, the exchange holds 2.69 BTC in its own wallets. That extra margin acts as a buffer against price swings or rapid withdrawals. The report didn't break down ratios for other specific assets, but the overall average implies similarly strong coverage across the board.
What the report covers
Proof of Reserves audits have become standard practice in crypto after several high-profile exchange collapses. MEXC's report is a snapshot of wallet balances compared to customer liabilities at a given moment — June 15, in this case. The 156.5% average means the exchange holds more than enough to return every user's funds even if every single person tried to withdraw at once.
The report comes from the exchange's headquarters in Victoria, Seychelles. MEXC has been a pioneer in zero-fee digital asset trading since its inception, a model that relies on high trading volume and other revenue streams rather than charging per trade.
Transparency as a continued practice
MEXC has released Proof of Reserves reports periodically, though no specific schedule for future releases was announced alongside the June update. The figures are self-reported and the exchange has not disclosed which third party, if any, verified the data. Users can verify their own balances against the published wallet addresses through MEXC's on-chain tools — a standard feature for most exchanges that publish Proof of Reserves.
The June report gives users a concrete check on the exchange's solvency. With Bitcoin's reserve ratio nearly double the average, the numbers suggest MEXC is comfortable holding extra crypto against one of the most widely traded assets. For now, the report offers reassurance that customer funds are covered.
