What Is the Typical Process for an Exchange to Audit or Report on Its Insurance Fund Balance?
Exchanges typically report the insurance fund balance publicly on their website, often updated daily or in real-time. The balance is usually reported in a common currency like USDT or BTC.
While some exchanges provide limited transparency, a full, independent audit of the fund's transactions and underlying assets is less common but highly valued. The reporting aims to reassure traders of the platform's solvency.