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What is Proof of Reserve (PoR)?

  1. INDODAX
  2. General
  3. Understand the Terms

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We can inform you that Proof of Reserve (PoR), refers to a method of verifying that a trading platform or crypto company has backing across all the digital assets it manages on behalf of its clients.

So, PoR is a transparent auditing practice for cryptocurrency trading companies that provides a report on the company's reserves.

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