Bitget’s Latest Reserve Ratio Reaches 159%, Ensuring Continuous Protection of User Assets
Leading global cryptocurrency exchange and Web3 company, Bitget, has released its latest monthly Proof of Reserves (PoR) report, with a total reserve ratio of up to 159%, maintaining its commitment to full transparency. This PoR report represents Bitget’s commitment to its users, ensuring that their funds are fully supported on a 1:1 basis and available for use as needed.
The February 2024 PoR data highlights Bitget’s strong financial position and commitment to technical security. According to Coinmarketcap data on February 7th, Bitget’s total reserves exceed $1.7 billion, including major cryptocurrencies such as BTC, ETH, USDT, and USDC. Through regular audits, Bitget ensures transparency and upholds its commitment to openness and accountability.
The latest reserve ratios for Bitget are as follows:
[Insert images]
Gracy Chen, Managing Director of Bitget, emphasized the importance of transparency, stating, “Bitget is dedicated to providing users with the highest level of security and transparency. We prioritize financial stability and technical robustness to ensure unwavering confidence in our platform. We take great pride in maintaining the most robust reserve ratio among all major exchanges. This steadfast commitment to financial stability strengthens user trust in Bitget as a reliable and trustworthy cryptocurrency exchange.”
In line with its commitment to protecting user interests, Bitget strives to enhance transparency. In addition to strong reserves, Bitget has established a Protection Fund, with monthly valuation reports published to further safeguard users from account breaches, unforeseen asset losses, or special market events.
Bitget
[Insert images]
Related articles:
Deepfake Tool OnlyFake Can Generate Fake Passports for Just $15, Claims to Have Passed KYC for Multiple Exchanges
Bitget Receives “Best Derivative Exchange” Award! Invited to Attend AI and Blockchain Industry Summit for the Award Ceremony
