KuCoin’s Asset Reserve Certificate: User Assets Decrease in BTC, ETH, and USDT!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Kucoin, the popular cryptocurrency exchange, has released its latest asset reserve certificate, which shows a decrease in users’ BTC, ETH, and USDT assets. As of August 31st, the users’ BTC assets decreased by 4.4%, which is equivalent to a decrease of 854 BTC. Similarly, the users’ ETH assets decreased by 4263 ETH. Moreover, the users’ USDT assets decreased by 5.8%, which equals a decrease of 54 million USDT. This decrease could be due to various factors, including market fluctuations and users’ trading activities.

Source: https://coinpedia.org/crypto-live-news/kucoins-asset-reserve-certificate-user-assets-decrease-in-btc-eth-and-usdt/