BTCC and Toobit report growth and reserve stability

Cryptocurrency exchanges BTCC and Toobit have reported significant operational updates and growth metrics for August 2026.

BTCC released its Proof of Reserves report, showing a total reserve ratio of 140%, an increase from 129% in July. The report indicates that all major assets are fully backed and over-collateralized, with BTC and XRP both exceeding 160% reserve ratios. Additionally, BTCC has launched the fourth phase of its Zero-Fee Festival, offering zero trading fees on specific futures pairs including VELVET, ACE, and AKE.

Toobit reported an 18% increase in total spot trading volume following the introduction of zero maker and taker fees on spot trading pairs. Despite a broader market contraction of 27.9%, the platform saw a 25% increase in first-time traders. High-volume pairs on the exchange include BTCUSDT, TONUSDT, and TRXUSDT.