TechFlow news — In December 2022, Bitget launched its Proof of Reserves page, with reserve data updated monthly. The latest reserve figures from Bitget show reserve ratios of 426%, 141%, 117%, and 2556% for BTC, ETH, USDT, and USDC respectively.
Gracy Chen, Managing Director at Bitget, said: "Bitget consistently adheres to the highest industry security standards. As a key measure to demonstrate exchange transparency, Bitget has published Proof of Reserves reports for 12 consecutive months and has maintained the highest reserve ratios among major exchanges. A nearly 200% reserve ratio means that for every $1 deposited by users, the platform holds an additional $1 in reserves, effectively safeguarding user assets."
According to data released by Coinmarketcap on November 3, Bitget's total accumulated reserves exceed $1.54 billion, covering major digital assets including BTC, ETH, USDT, and USDC. Additionally, users can verify their platform assets via the open-source tool "Merklevalidator" on GitHub.
