Proof of Reserves

Coinberry is committed to transparency and trust in our operations. We have released our 2022 Proof of Reserve and platform due-diligence report completed by Blockchain Intelligence Group. See full report.

Our commitment to customer safety

Coinberry adheres to the highest standards protecting your capital. Any cryptocurrency held in your Coinberry account is custodied in hot or cold storage vaults, which you can convert into Canadian dollars at any time.

All custodied cryptocurrency assets are backed 1:1 at all times and over 90% are held in an insured cold storage vault. All cold storage cryptocurrency assets are held with our qualified and insured custodian.

What is Proof of Reserves?

A Proof of Reserves is an independent analysis conducted by an unaffiliated third party which seeks to ensure that a trading platform or custodian holds the assets it claims to on behalf of its clients.

Why do we do Proof of Reserves?

We strongly believe Proof of Reserves are necessary for crypto platforms to build trust with customers, as cryptocurrency poses a unique set of risks. Customers should be confident the platform they are using have their funds on hand at all times, under any circumstances.

Our qualified custodian

Over 90% of custodied cryptocurrency assets are held in an insured cold storage vault. All cold storage cryptocurrency assets are held with our qualified and insured custodian – Gemini.

2022 Proof of Reserves Audit

96.28%
of Coinberry's clients funds are stored in cold storage
All user assets
Our 2022 proof of reserves and platform due diligence report has been completed by Blockchain Intelligence Group. See full report.
Token
% of Funds in Cold Storage
Audit Timestamp
AAVE
94.67%
11-11-2022 16:55
BAT
100%
11-11-2022 16:55
BCH
100%
11-11-2022 17:06
CRV
100%
11-11-2022 16:55
DOGE
94.28%
11-11-2022 17:07
ETH
96.74%
11-11-2022 16:55
BTC
95.26%
11-11-2022 17:08
LTC
93.05%
11-11-2022 17:08
SAND
92.27%
11-11-2022 16:55
UNI
90.74%
11-11-2022 16:55
USDC
93.37%
11-11-2022 16:55
COMP
95.89%
11-11-2022 16:55
FTM
90.25%
11-11-2022 16:55
GRT
91.02%
11-11-2022 16:55
SHIB
93.67%
11-11-2022 16:55
LINK
90.59%
11-11-2022 16:55
BAL
90.80%
11-11-2022 16:55
YFI
91.31%
11-11-2022 16:55
MANA
91.64%
11-11-2022 16:55
MATIC
90.85%
11-11-2022 16:55
ENJ
90.53%
11-11-2022 16:55
SNX
90.92%
11-11-2022 16:55
GALA
90.88%
11-11-2022 16:55
AXS
91.13%
11-11-2022 16:55
LRC
91.04%
11-11-2022 16:55
MKR
92.74%
11-11-2022 18:26
NEAR
90.80%
11-11-2022 19:23
TRX
92.06%
11-11-2022 17:14
ADA
90.78%
11-11-2022 18:28
ATOM
97.57%
11-11-2022 17:19
DOT
92.21%
11-11-2022 17:20
XLM
90.65%
11-11-2022 17:21
ALGO
98.77%
11-11-2022 17:24
ZEC
90.60%
11-11-2022 17:26
AVAX
91.90%
11-11-2022 17:26
RUNE
91.35%
11-11-2022 17:29

Your trustworthy platform for digital currency

We’re the only insured, OSC & FINTRAC registered, and PIPEDA-compliant crypto-trading platform trusted by Canadian municipalities.

Sheild Image