Bitso's solvency can be verified via Zero-knowledge technology. Thanks to our partnership with Proven, we can now issue monthly zk-proofs of solvency and publish them in a smart contract in the Ethereum blockchain.
To verify the status of those proofs, follow these steps:
- Go to Bitso.com in your browser
- Log in to your account
- Go to the menu in the upper right corner
- Select Profile
- In the left navigation bar, select Proof that Matters
There you'll find a list with our latest solvency reports. You'll notice that each report presents a Solvency status. When this status is Solvent, that means our proof of solvency was validated by third party auditors.
The list should look like this:
If you want to see more details on each report, just click on See receipt. To learn how to interpret the information in the receipt, you can read:
Notice: the reports don't reflect your account balance in real time. They're issued based on snapshots with date and time specified. So, if you didn't have any balance in BTC and ETH when a specific snapshot is taken, that report won't be listed for you. But, don't worry. If you have bought or transferred crypto after that snapshot, you will be able to verify the solvency of your balance in the next report.
For informational purposes only, this is not investment advice. When buying, selling, trading or using cryptocurrencies you are subject to certain risks including price volatility and loss of capital, for more information please visit the following link.