Proof of Reserves

What is Proof of Reserves (PoR)?

Proof of Reserves (PoR) is a form of verification to ensure that the assets held in custody by a platform are sufficient to cover all the total holdings of their users. Flipster ensures that all users' assets held on our platform are fully backed on a 1:1 basis. We provide daily data on our PoR for users to easily authenticate that their assets stored on Flipster are fully accounted for and managed securely. As part of our commitment to transparency, Flipster conducts regular audits of our reserves. We do this to give you a peace of mind and to reinforce the trust and confidence you have in us, knowing that the safeguarding of your assets is always our top priority.