As a leading cryptocurrency exchange and Web3 company, Bitget announced that its protection fund reached an average market value of $561 million in April 2025, highlighting the platform’s ongoing commitment and investment in user asset security. The fund’s highest market value during that month was $617 million, while the lowest was $496 million. Despite significant market fluctuations, the overall average level remained strong.
Resilience Amid Market Volatility: Risk Control Mechanism Continues to Function
Bitget stated that the protection fund is one of the platform’s key defenses against market instability, particularly in the context of global macroeconomic uncertainty and fluctuating investor sentiment, serving as a crucial guarantee of user confidence. During April, the cryptocurrency market exhibited a volatile trend, with Bitcoin fluctuating around mid-range prices and mainstream altcoins showing divergent performance. In this environment, Bitget’s protection fund demonstrated a solid fundamental base and robust risk control mechanisms, reflecting the platform’s high resilience in asset protection and risk response.
CEO Emphasizes Cybersecurity Commitment: Stability of Fund Reflects Long-Term Strategy
Gracy Chen, CEO of Bitget, stated, “Our protection fund continues to showcase the strong capabilities of Bitget’s long-term cybersecurity strategy. As the cryptocurrency market undergoes constant changes, the stable performance of the fund again highlights our high regard for safeguarding user assets, dedicated to creating a reliable ecosystem that can withstand both volatility and growth.” Since its establishment in 2022, the Bitget protection fund, initially set at $300 million, has now more than doubled in size, benefiting from the platform’s stable expansion and prudent financial management.
Multi-Layered Defense Structure Creates AAA Security Rating
Bitget’s cybersecurity architecture employs a comprehensive, multi-layered design, which not only includes the current protection fund of $516 million but also integrates a proof of reserves of up to 191%. The platform ensures full asset coverage through monthly audits via Merkle Tree and has obtained the ISO 27001:2022 international cybersecurity certification, reinforcing its top-tier security standards.
Additionally, Bitget utilizes SSL encryption technology and advanced risk control systems to monitor anomalous behavior around the clock. Since 2018, there have been no cybersecurity incidents, successfully setting an industry benchmark and achieving a AAA-level security rating, further solidifying user trust and promoting transparency and regulation in the cryptocurrency industry. For more information on monthly updates regarding the protection fund, please refer to the announcements on the Bitget official website.
About Bitget
Founded in 2018, Bitget is a world-leading cryptocurrency trading platform and Web3 company. Currently, Bitget provides services to over 100 countries and regions globally, helping more than 45 million users achieve intelligent trading through various trading solutions, including leading copy trading services. The Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain cryptocurrency wallet offering a range of Web3 solutions and interactive features, integrating wallets, swaps, NFT markets, DApp browsers, and more. Bitget encourages individuals to embrace cryptocurrency through partnerships with trusted collaborators, including being the official cryptocurrency partner of La Liga, the top professional football league in the world, in East Asia, Southeast Asia, and Latin America, as well as collaborating with Olympic athletes such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın.
Bitget Official Website | X | Instagram
About Bitget Wallet
Bitget Wallet is a leading one-stop Web3 wallet with over 60 million global users. The wallet comes in various forms, including mnemonic wallets, non-custodial MPC wallets, and AA smart contract wallets, supporting hardware wallet connections. It currently supports over 100 mainstream public chains, hundreds of EVM chains, and more than 500,000 cryptocurrency assets. As the best choice for users to discover new assets and capture new opportunities in the Web3 space, Bitget Wallet features include swap trading, smart market trends, launchpad, inscriptions, NFTs & DApps, and earning coins, and it achieves free trading across more than 50 chains through the aggregation of liquidity from hundreds of mainstream DEXs and cross-chain bridges. Bitget Wallet has established a systematic security system and provides a $300 million risk protection fund.
Bitget Wallet Official Website | X
Risk Warning
Investing in cryptocurrencies carries a high level of risk, and prices can be highly volatile, leading to potential losses of your entire principal. Please assess the risks carefully.