Bybit just revealed its wallet addresses as well as a Nansen dashboard. The exchange has also created a Merkle Tree and performs frequent PoR audits, allowing customers to readily validate its guarantee to safely keep their funds in a 1:1 ratio.
Using the Proof of Reserves, users can verify the following:
Furthermore, Bybit is trying to provide wallet ownership verification. In the meantime, the exchange has provided detailed guides on how to conduct self-verification.
Earlier, the exchange announced raising the daily withdrawal limit for non-KYC users from 2 BTC to 20,000 USDT.
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