Bitget establishes a strategic partnership with Space and Time, enhancing financial transparency
ChainCatcher news, cryptocurrency derivatives exchange and copy trading platform Bitget announced a strategic partnership with the decentralized database Space and Time (SxT). This collaboration will allow Bitget to provide users with transparent information about the exchange's operational status, as well as verifiable data and tamper-proof audit trails.
According to reports, Bitget users will be able to view information related to the exchange's activities, liquidity, assets, and liabilities, with Space and Time ensuring that the exchange's data and computations are accurate and have not been tampered with. As of March 6, 2023, Bitget's total reserve ratio is 231%, indicating that Bitget holds over 100% of the total user assets (BTC, ETH, USDT, USDC).