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 175%, demonstrating 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 January 2024 PoR data highlights Bitget’s strong financial position and commitment to technical security. According to Coinmarketcap data on January 8th, Bitget’s total reserves exceed $1.8 billion, including major cryptocurrencies such as BTC, ETH, USDT, and USDC. This report proves Bitget’s unwavering pursuit of transparency.
The latest reserve ratios for Bitget are as follows:
Gracy Chen, the 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 are proud to maintain the most robust reserve ratio among all major exchanges. This steadfast commitment to financial stability reinforces users’ trust in Bitget as a reliable and trustworthy cryptocurrency exchange.”
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Bitget is committed to improving transparency, aligning with its principle of maximizing user protection. In addition to a strong reserve, Bitget has established a protection fund and publishes its valuation monthly to further safeguard users from account breaches, unexpected asset losses, or special market events.
Bitget
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