Bitget has released reserve data for 12 consecutive months, with a comprehensive reserve ratio of 199%

2023-11-03 15:24:08

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ChainCatcher message, Bitget has launched the proof of reserves page, with reserve data updated monthly. The latest reserve data from Bitget shows that the reserve ratios for BTC, ETH, USDT, and USDC are 426%, 141%, 117%, and 2556%, respectively.

Gracy Chen, Managing Director of Bitget, stated: "Bitget always adheres to the highest safety standards in the industry. As an important measure to demonstrate the transparency of the exchange, Bitget has released proof of reserves reports for 12 consecutive months, maintaining the highest reserve ratios among mainstream exchanges. A reserve ratio of nearly 200% means that for every dollar a user deposits, the platform reserves an additional dollar, effectively ensuring the safety of users' assets."

According to data released by Coinmarketcap on November 3, Bitget's total reserves exceed $1.54 billion, covering various mainstream digital assets such as BTC, ETH, USDT, and USDC. Additionally, users can verify their platform assets using the open-source tool "Merklevalidator" on GitHub.

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Bitget Proof of Reserves

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