Essential Insights
-
High Reserve Ratio: Bitget’s April 2025 Proof of Reserves report reveals an industry-leading total reserve ratio of 191%, ensuring full backing of user funds with substantial collateralization across major cryptocurrencies.
-
Security Commitment: The platform maintains robust reserves, with BTC standing at 369%, ETH at 148%, USDT at 117%, and USDC at 217%, providing users with additional security beyond full backing.
-
Transparent Verification: Users can independently confirm their holdings through Merkle Tree verification, complemented by a $610M Protection Fund which reinforces trust and transparency in asset management.
- Leadership in Trust: With consistent reserve ratios above 100%, Bitget establishes itself as a benchmark for reliability in the crypto space, prioritizing user confidence amid evolving digital asset dynamics.
Bitget Maintains User Assets Secured at 191% Reserve Ratio
Victoria, Seychelles, April 25, 2025 — Bitget, a leading cryptocurrency exchange, has released its monthly Proof of Reserves (PoR) report, revealing a robust 191% overall reserve ratio. This strong ratio reflects the platform’s dedication to securing user assets and reinforcing trust among its customers.
Notably, Bitget’s reserves show significant collateralization across major cryptocurrencies. Bitcoin (BTC) boasts an outstanding 369% reserve, while Ethereum (ETH) stands at 148%. Additionally, stablecoins demonstrate solid backing, with USDT at 117% and USDC at 217%. These impressive figures contribute to Bitget’s industry-leading total reserve ratio.
Transparently, Bitget ensures users can verify their holdings anytime through Merkle Tree technology. This independent verification boosts user confidence in the exchange. Furthermore, Bitget supports its security efforts with a $610 million Protection Fund, underscoring its commitment to safeguard user funds.
Gracy Chen, CEO of Bitget, emphasized the company’s commitment to security. “User funds are fully backed and held with substantial reserves. We aim to set the highest standards in transparency and asset protection,” she stated.
Bitget’s ongoing efforts to publish monthly audits reveal a long-term dedication to user protection. The exchange’s performance consistently exceeds the industry norm, establishing it as a benchmark for reliability in the centralized crypto space.
As the digital asset landscape evolves, the need for user confidence and asset security intensifies. Bitget’s proactive approach not only enhances exchange transparency but also positions itself as a responsible custodian in the fast-paced crypto environment.
To learn more about Bitget’s Proof of Reserves, visit their website.
For further inquiries, contact: media@bitget.com
Discover More Technology Insights
Dive deeper into the world of Cryptocurrency and its impact on global finance.
Discover archived knowledge and digital history on the Internet Archive.
Disclaimer
This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
CryptoV1