HTX’s Perpetual Promises: Laughing All the Way to Reserves?

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In a display beguilingly audacious-or perhaps, one might say, deviously charming-HTX has once again graced the financial world with assurances of maintaining full backing for all core assets for an impressive 38 months, a feat audaciously encapsulated in its Proof of Reserves (PoR) annual extravaganza.

Resplendent Realities or Elusive Euphemisms?

With the precision of a Maestro composing a symphony on 154% crescendos, HTX has, as they boast, clung steadfastly to a 100% reserve ratio for its core assets. The method, mind you, is none other than the illustrious Merkle Tree audits, imbuing the annals of blockchain with a touch of mathematical elegance.

From the grand commences of the year, where USDT’s humble beginnings barely touched 695 million, to its zenith of 1.765 billion by December, one could say that capital inflows have swelled like a tide lured by the full moon’s call. Meanwhile, Bitcoin, ever the stoic behemoth, remained as stable as my penchant for linguistic quirkiness.

Oh, and praise be! As if the heavens smiled upon this monetary Mt. Everest, the exchange extended its PoR reach to embrace additional deities like USDC and WLFI. Subsequent? It touts a policy grandly dubbed “100% Redemption”, allowing users to withdraw assets with the predictable regularity of royalty enjoying their stipends.

HTX, birthed in the halcyon days of 2013, dares to offer its patrons a cornucopia of digital delights-trading, derivatives, research, and investments-spanning multiple jurisdictions as if to claim dominion over the entire financial firmament.

For those yearning to peer behind the curtain of these proclamations, a public PoR page awaits, promising the reality of real-time verifications, a phantasmagoria of transparency-or are we dreaming?

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2026-01-01 12:52