Bitget Announces April 2025 Reserve Proof Report: User Assets Secured with a 191% Reserve Ratio
Global Leading Cryptocurrency Exchange and Web3 Platform Bitget Announces its April 2025 Proof of Reserves Report
Global leading cryptocurrency exchange and Web3 platform Bitget has released its April 2025 Proof of Reserves report, demonstrating a long-term commitment to transparency and asset security. The report shows that Bitget maintains an industry-leading reserve rate of 191%, ensuring that all user assets are not only fully covered but also have substantial backup space. This means that even amid significant market fluctuations, user assets are still protected by multiple safeguards, showcasing the platform’s high financial stability and sense of responsibility. Bitget continues to safeguard user funds through action, reinforcing its leading position in the global market.
All Major Cryptocurrencies Are Over-Collateralized, Comprehensive Coverage of User Assets
According to the latest reserve data, Bitget has achieved significant over-collateralization for mainstream cryptocurrencies. The reserve rate for Bitcoin (BTC) is as high as 369%, Ethereum (ETH) at 148%, while for stablecoins, USDT stands at 117%, and USDC reaches 217%. These figures cumulatively constitute an overall reserve rate of 191%, far exceeding the industry standard of 100%. Such a high reserve ratio indicates that user assets are not only secure but also possess defensive capabilities against extreme market conditions, reflecting the platform’s credibility.
Bitget Remains Among the Most Reliable Exchanges Globally
Bitget’s total reserve ratio has consistently remained above 100%, meaning all user assets are “fully + over” backed. This fact not only makes Bitget one of the few platforms in the crypto world capable of achieving true asset transparency but also solidifies its leading reputation in the industry. Compared to other exchanges that still struggle to publicly disclose reserves, Bitget’s PoR report is not just a routine release, but a systematic self-regulatory mechanism that continuously strengthens user trust and platform reputation.
Utilizing Merkle Tree Verification + $610 Million Protection Fund, Double Protection for User Rights
Bitget’s monthly PoR audits employ Merkle Tree technology, allowing users to verify whether their assets correspond on-chain at any time, ensuring information transparency and immutability. Additionally, Bitget maintains a long-term user protection fund of $610 million, further providing security against unforeseen risks. These institutional arrangements make Bitget one of the few trading platforms with technical verification, legal structure, and financial reserves as threefold defenses for comprehensive user asset protection.
Safety and Trust as Core Values, Bitget Sets New Industry Standards
Bitget CEO Gracy Chen stated: “Safety and trust are at the core of all Bitget’s operations. Our April Proof of Reserves report once again proves that the platform not only achieves full asset coverage but also significantly exceeds basic requirements, building users’ firm confidence.” Since the launch of the PoR mechanism, Bitget has consistently released data monthly, maintaining high reserve levels, showcasing its goal of becoming a benchmark of trust in centralized platforms. As the digital asset industry continues to expand, Bitget will persist in implementing transparent accountability, enhancing asset protection, and leading the crypto industry towards a more mature and compliant future. For more information about Bitget’s Proof of Reserves, please click here.
About Bitget
Founded in 2018, Bitget is a world-leading cryptocurrency trading platform and Web 3 company. Currently, Bitget provides services in over 100 countries and regions globally, helping over 45 million users achieve trading “smart” transformations through various trading solutions, including leading copy trading services. Bitget Wallet, formerly BitKeep, is a world-class multi-chain crypto wallet that offers a range of Web3 solutions and interactive features, integrating wallet, swap, NFT marketplace, DApp browser, and more. Bitget encourages individuals to embrace cryptocurrency through partnerships with trusted collaborators, including as the official cryptocurrency partner of the top-tier professional soccer La Liga in East Asia, Southeast Asia, and Latin America, as well as Olympic athlete partners such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and national volleyball team member İlkin Aydın.
About Bitget Wallet
Bitget Wallet is a leading one-stop Web3 wallet, serving over 60 million users worldwide. The wallet comes in various forms, including mnemonic wallets, non-custodial MPC wallets, AA smart contract wallets, and supports hardware wallet connections, currently compatible with more than 100 mainstream public chains, hundreds of EVM chains, and over 500,000 types of cryptocurrency assets. As the best choice for users to discover new assets and seize new opportunities in the Web3 space, Bitget Wallet’s product features include swap trading, smart market analysis, launchpad, inscriptions, NFTs & DApps, and earning coins, enabling free trading across more than 50 chains through aggregating liquidity from hundreds of mainstream DEXs and cross-chain bridges. Bitget Wallet has established a systematic security framework and offers a $300 million risk assurance fund.
Risk Warning
Cryptocurrency investments carry a high level of risk, with prices subject to extreme volatility; you may lose all your principal. Please assess the risks carefully.