Bybit provides a visual verification page and open source tools to help you verify your reserves
Click to learn about verificationWe use the "Send to Self" method to prove ownership of a published wallet address and use the published address to transfer a specific amount of assets to ourselves at a specified time, following the method used by third-party auditing companies to prove ownership of a wallet.
Click to learn about verification mechanismsOur Proof of Reserve is validation that we do actually hold the assets our customers have stored on the Bybit platform. It confirms that we are holding all tokens in the user's account on the Bybit platform on a 1:1 ratio. The users' Proof of Reserve assets include portions of the following accounts that are personal assets.
Trading accounts: including Spot, Futures, Options, and Unified Margin.
Funding accounts: including crypto holdings and financial balances.
Note that the Subaccount assets will be combined and displayed together with the main account assets. The net value of these assets may fluctuate slightly due to the impact of floating assets including open P&L, leveraged trading, financing and borrowing, wealth management investments, etc.