Crypto asset platform and Web3 company Bitget shared its monthly Proof of Reserve (PoR) report. The report revealed an extraordinary total reserve ratio of 173 percent, with BTC, ETH, and USDT holdings increasing by over 20 percent. Bitget continues to maintain its commitment to provide 100 percent support for user funds through regular PoR announcements.
The impressive reserve figures underlined Bitget’s commitment to protecting user assets and maintaining a high level of transparency. As of March 22, Bitget’s total reserves exceeded $2.5 billion, consisting of leading cryptocurrencies such as BTC, ETH, USDT, and USDC, according to Coinmarketcap.
Bitget General Manager Gracy ChenEmphasizing the transparency of the company, he spoke about the Proof of Reserve report published as follows: “Bitget is committed to providing the highest level of security and transparency for its users and emphasizes financial stability and technical flexibility to create unshakable trust in the platform. We take great pride in maintaining the strongest reserve ratio among leading exchanges. We continue to solidify Bitget’s position as a trusted cryptocurrency exchange. This steadfast commitment to financial stability further reinforces Bitget users’ faith in the reliability of the platform.”
“At Bitget, our commitment to transparency is consistent with our focus on maximizing the protection of our users.”
In addition to its solid reserves, Bitget has created a Protection Fund as an extra layer of protection for users against unforeseen threats and publishes monthly valuations.
About Bitget
Founded in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving more than 20 million users in more than 100 countries and regions, Bitget exchange is committed to helping users trade smarter with its pioneering Copy Trade feature and other trading solutions. Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet offering a comprehensive set of Web3 solutions and features including wallet functionality, swaps, NFT Marketplace, DApp browser and more. Bitget inspires individuals to embrace crypto through collaborations with trusted partners, including legendary Argentine football player Lionel Messi and official eSports events organizer PGL.
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Disclaimer: This press release is for informational purposes only.
