STORAGE TRANSPARENCY CERTIFICATION FOR EXCHANGES
CERTIFICATION_
Problem_
The days when exchanges were ranked only by their trading volumes are gone. Measuring by trade volume is not enough when it comes to the current market requirements. Exchange wallet balance is now considered the most accurate metric used to rank crypto exchange sustainability and reliability. Only a fully transparent exchange can be trusted by the crypto community.
Solution_
CER recently launched its Global Transparency Hacking initiative for higher transparency in the crypto market. We are now offering a certification of storage for exchanges, enabling users to view real balances and allowing you to prove your credibility and sustainability as an exchange, thus gaining the trust of the community.
Certificate_
The CER Certificate is offered to validate exchange wallets ownership and balances in order to increase trust and prove your transparency to the market.
The CER Certificate will be issued to exchanges free of charge before February 1st 2019.

Do you want to become one of the first exchanges to shape the future of the crypto market?
BENEFITS OF STORAGE CERTIFICATE _
Build community trust
Demonstrate your proof of solvency
Gain competitive excellence
Attract new users and clients
HOW IT WORKS_
The CER Certificate will be issued after submitted wallets have been audited by CER and its Partners. CER will also provide an embeddable widget that can be placed on the exchange's website to show ownership of the certificate.
1
Exchange
Submits wallet list to CER team
2
CER Partners
The Crypto Exchange Ranks' allies validate wallets ownership and credibility.
3
CER team
The team at CER analyses, validates and approves the addresses and publishe the s balances to the CER dashboard.
CERTIFICATION PROCESS_
The whole process of wallet verification takes up to 10 business days. After verification wallets are added to our Blockchain Balance dashboard, an Exchange will be granted a certificate that is valid for 6 months.
Pre-conditions
After getting NDA and other legal agreements signed, Exchange should provide separate CSV file with all wallet addresses for each coin: BTC, ETH, USDT.

File requirements

Columns must have headers in English. Make sure that file doesn't include any additional information besides the header rows and the corresponding values. The order of the columns is not important.

CSV must contain data organized in following columns :

  • Coin: BTC/ETH/USDT
  • Wallet Type: Hot/Cold
  • Address: text

Please note, that all other values except specified above will be ignored.
Procedures and tests
Blockchain Balance CERtification includes two types of activities performed by CER and Partners:

  • Address ownership and wallet type verification by CER team and trusted Partners
  • Balances calculation by CER platform
Ownership and verification
Procedure is repeated for each coin.

Wallets will be validated for ownership by next of params:

  • linked with exchange blockchain subgraph
  • a sample of wallets will be checked by "satoshi test"
  • manual review.

As a result:
Verified wallets are added to Blockchain Balance calculation and balances start being calculated and displayed on the Blockchain Balance table

SECURITY NOTE_
The CER team guarantees the confidentiality of your wallet addresses. We ensure that all procedures related to address ownership verification and balance calculation are secure and leak-proof. Addresses will not be disclosed to third parties who are not taking part in the wallet verification process.