How to Verify OKX's Ownership and Balance of Wallet Addresses

This guide explains how to verify OKX's ownership of wallet addresses and their balances using publicly available reserve snapshots and open-source verification tools.

Prerequisites for Verification

1. Download Tools

   • Reserve Verification Tool

     • Contains:

       • VerifyAddress: Validates address ownership.
       • CheckBalance: Validates address balances (requires rpc.json configuration for node RPC/APIs).

2. Download Files

   • Proof of Reserves Snapshot

3. Organization

   • Store both files in the same folder.

Verifying OKX's Wallet Address Ownership

OKX’s snapshot data includes:

• Addresses
• Message: "I am an OKX address"
• Signatures
• BTC multisig scripts

1. BTC Wallets

• Multisig: Uses 2/3 signatures to prove control of ≥2 private keys.
• Single-sig: Verified via message + signature.

2. ETH/USDT Wallets

• Proven via message + signature.

👉 Verify ownership using OKX’s tools

Method 1: Reserve Verification Tool

1. Open Terminal

   • Mac: Terminal
   • Windows: CMD

2. Navigate to Tool Directory

   cd ~/Downloads/proof-of-reserves

3. Run Command

   • Mac:

     ./VerifyAddress --por_csv_filename=okx_por_20221122.csv

   • Windows:

     VerifyAddress.exe --por_csv_filename=okx_por_20221122.csv

4. Expected Output

   • Verify address signature end, all address passed

Method 2: Third-Party Tools

Supported Address Types:

• BTC single-sig
• EVM chains (ETH/USDT)
• TRON

Example: BTC Address

1. Copy address, message, and signature from the snapshot.
2. Paste into a BTC signature verification tool (e.g., Blockchain.com Explorer).

Verifying OKX’s ETH Staking Assets

1. Download the ETH staking file.

2. Verify public keys via Etherscan by matching:

   • From address
   • Recipient address

Verifying Wallet Balances

BTC Balances

1. Sync Bitcoin Core to snapshot height.

2. Configure rpc.json:

   {
     "btc": {
       "rpc_url": "http://localhost:8332",
       "rpc_user": "OKX",
       "rpc_password": "OKXWallet"
     }
   }

3. Run CheckBalance:

   • Single address:

     ./CheckBalance --mode="single_address" --coin_name="btc" --address="3A1JRK..." --por_csv_filename=okx_por_20221122.csv

   • Total balance:

     ./CheckBalance --mode="single_coin_total_balance" --coin_name="btc" --por_csv_filename=okx_por_20221122.csv

ETH/USDT Balances

1. Use Default RPC or configure rpc.json for:

   • Infura/Alchemy (EVM chains).
   • OKLink API (see OKX’s guide).

2. Commands:

   • Single address:

     ./CheckBalance --mode="single_address" --coin_name="eth" --address="0xc54..." --por_csv_filename=okx_por_20221122.csv

   • Total balance:

     ./CheckBalance --mode="single_coin_total_balance" --coin_name="eth" --por_csv_filename=okx_por_20221122.csv

FAQs

Q1: What if the tool shows a security error on Mac?

A1: Go to System Preferences > Security & Privacy > General and allow the app.

Q2: Can I use third-party RPCs?

A2: Yes! Configure rpc.json with Infura/Alchemy endpoints.

👉 Explore advanced RPC setups

Q3: How do I verify TRON addresses?

A3: Use Tronscan or similar explorers with the snapshot’s message/signature.

Appendix

Using OKLink API

1. Create an API key via OKLink’s dashboard.

2. Update rpc.json with:

   {
     "oklink": {
       "api_key": "YOUR_KEY",
       "base_url": "https://www.oklink.com/api"
     }
   }