Bitget Proof of Reserves (POR) Report: February 2024
VICTORIA, Seychelles, February 7, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 159%, emphasizing Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR disclosures, Bitget upholds its pledge to maintain 100% backing for user funds.
Bitget reaffirms its unwavering commitment to sound financial practices and stability as evidenced by its latest PoR data. The impressive reserve figures underscore Bitget's utmost devotion to protecting user assets and maintaining a high level of transparency. As of February 7th, Coinmarketcap reports that Bitget's total reserves exceed $1.7 billion, comprising prominent cryptocurrencies like BTC, ETH, USDT, and USDC. By conducting routine audits, Bitget ensures continuous visibility and upholds its responsibility to openness and accountability.
Gracy Chen, Managing Director at Bitget said: "Bitget is committed to delivering the utmost security and transparency for its users, emphasizing financial stability and technical resilience to establish unwavering trust in the platform. We take great pride in upholding the strongest reserve ratio among prominent exchanges, cementing Bitget's position as a dependable and credible cryptocurrency exchange. This steadfast dedication to financial stability further bolsters the confidence of Bitget's users in the platform's reliability."
Bitget's dedication to transparency aligns with its focus on maximizing user protection. In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected]
- BitgetBitget Showcases Continuous Growth in User Assets with the May 2024 Proof of Reserves Update Victoria, Seychelles May 28, 2024 - Bitget, the global leader of cryptocurrency exchanges and Web3 technology, proudly reasserts its commitment to transparency while showcasing continuous growth in user assets through its latest May 2024 Proof of Reserves (PoR) update. This update underscores Bitget's unwavering dedication to upholding robust reserves, ensuring the safety and security of user assets amid the ever-evolving crypto landscape.2024-05-28
- BitgetBitget's March 2024 Protection Fund Valuation Surges Beyond 612 Million VICTORIA, Seychelles, 2024 April 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has recently disclosed its March 2024 Protection Fund Valuation Report. The report reveals a remarkable achievement as the fund reached its pinnacle with an unprecedented valuation of over 612 million on March 13th. This underscores Bitget's unwavering commitment to ensuring the security and protection of its users' assets. In the landscape of cryp2024-04-03
- BitgetBitget Blockchain4Youth Unveils COO Apprentice Program to Foster Future Crypto Pioneers Victoria, Seychelles 8 Apr 2024 - Bitget, a leading cryptocurrency exchange and web3 company, is proud to announce the launch of the Bitget COO Apprentice: Web3 Leadership Program in Europe, as a cornerstone of its Blockchain4Youth corporate social responsibility (CSR) initiative. This program is designed to empower and nurture the upcoming cadre of crypto pioneers, equipping them with essential skills and experiences, enabling these potential leaders to excel and innovate2024-04-08