Proof of Reserves
All assets on Toobit are backed 1:1+ by audited reserves. We prioritize transparency through regular, independent verification.
Toobit reserve ratio
A reserve ratio of 100% or more confirms full asset backing.
Merkle root hash
Toobit uses Merkle trees to provide cryptographic proof of our 1:1+ reserves. Use this hash to verify that your account balance was included in our latest audit.
Learn MoreMerkle root hash value
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Verify your assets
Use our self-verification tools to confirm that your funds are safely included in our reserves. Toobit provides open-source code for independent auditing.
Step-by-step guide
Built on trust
Transparency
Full visibility and verified reserves at all times.
Safety first
Your safety is the foundation of everything we build.
Fund integrity
Industry-leading standards to safeguard your assets 24/7.
Why PoR matters
Verified 1:1+ reserves
- Verify your assets at any time
- Instant access to your funds
- Secured by independent audits
Unverified reserves
- Lack of visibility into fund usage
- Potential withdrawal delays or limits
- High risk of insolvency and asset loss
FAQs
What is Proof of Reserves (PoR)?
Proof of Reserves is an auditing procedure that uses cryptographic verification and wallet ownership validation to prove that user deposits are fully backed 1:1+. Toobit utilizes a summation Merkle tree (SMT) approach and conducts comprehensive audits on a monthly basis to ensure total transparency.What is a Merkle Tree?
How often does Toobit conduct a PoR audit?
How can I verify that my assets are included in the PoR?
- Apps
- Google Play
- App Store
- Android APK
- Community
Download app
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