How to Verify OKX Wallet Address Ownership and Balance?

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This guide explains how to verify ownership and check balances of OKX wallet addresses using OKX's reserve snapshot file and open-source verification tools.

Prerequisites for Verification

  1. Download the Proof of Reserves ZIP file from OKX. The folder contains:

    • VerifyAddress: Validates reserve address ownership.
    • CheckBalance: Checks reserve address balances (Note: Requires RPC node or OKLink API configuration in rpc.json).
  2. Save the downloaded files and verification tools in the same directory.

Verifying Address Ownership

Method 1: Using OKX’s Open-Source Tools

  1. Open Terminal:

    • Mac: Terminal
    • Windows: Command Prompt
  2. Navigate to the download directory (e.g., cd ~/Downloads/proof-of-reserves).

  3. Run the command (replace filename if needed):

    • Mac:

      ./VerifyAddress --por_csv_filename=okx_por_20221122.csv

    • Windows:

      VerifyAddress.exe --por_csv_filename=okx_por_20221122.csv

  4. If successful, the terminal displays:

    "Signature verification completed. All addresses passed."

👉 Need help with terminal commands?

Method 2: Third-Party Tools

Use these tools for specific address types:

Steps:

  1. Copy a record (address + message + signature) from OKX’s snapshot file.
  2. Paste into the respective explorer’s verification tool.
  3. Confirm the output matches OKX’s ownership claim.

Checking Wallet Balances

For BTC Addresses:

  1. Sync Bitcoin Core to the snapshot block height:

    • Configure bitcoin.conf with RPC credentials.

    • Revert node using:

      ./bitcoin-cli invalidateblock <block_hash>

  2. Use CheckBalance to validate:

    • 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

For ETH/USDT Addresses:

  1. Configure rpc.json with:

    • Default RPC, or
    • Third-party nodes (Infura/Alchemy), or
    • OKLink API key.

  2. Run balance checks:

    • ETH example:

      ./CheckBalance --mode="single_address" --coin_name="eth" --address="0xc5451b..." --por_csv_filename=okx_por_20221122.csv

FAQ

1. Why verify wallet ownership?

Ensures transparency that OKX holds the private keys to reserve addresses.

2. What if the balance doesn’t match?

Confirm the snapshot block height and RPC configuration. Discrepancies may indicate sync errors.

3. Can I verify staked ETH?

Yes. Use beaconcha.in to check validator public keys against OKX’s snapshot.

👉 Explore OKX’s Proof of Reserves

Final Notes