Bitget Demonstrates Ongoing Commitment to Transparency with 207% Reserve Ratio in Monthly POR Report
Press release
VICTORIA, Seychelles, Oct 12, 2023 — Bitget, top crypto derivatives and
copy trading platform, has unveiled its latest monthly
Proof of Reserves (PoR)
report, continuing its commitment to comprehensive transparency with its total reserve ratio of 207%. This POR report upholds Bitget's pledge to users that their funds are fully backed 1:1 and available on demand.
Since December 2022, Bitget has consistently shared verifiable PoR data on a monthly basis, setting the standard for transparency within the crypto industry and showcasing its commitment to instilling trust and confidence. By willingly opening its financial records to regular audits, Bitget continues to lead the way in both transparency and reliability.
Bitget’s latest reserve ratios are as follows:
As of the data collected on October 10th, the total value of cumulative reserves exceeds $1.38 billion, encompassing 31 prominent digital assets, including BTC, ETH, USDT, USDC, and others. This report serves as a testament to Bitget’s consistent commitment to transparency, with reserve ratios consistently surpassing 200% for the past nine months, doubling the industry standard of 100%.
Gracy Chen, Managing Director of Bitget, underscored the fundamental importance of trust and transparency within the company's operations, rem arking, "At Bitget, trust remains our foremost priority. We firmly uphold the belief that unwavering transparency is a cornerstone in cultivating trust throughout the cryptocurrency industry. By consistently subjecting ourselves to Proof of Reserves assessments and providing verifiable results every month, our aim is to furnish our users with an unparalleled level of assurance regarding the security of their assets. As a leading crypto exchange, Bitget remains resolute in setting the highest standards for integrity and continues to serve as a beacon of transparency within the crypto landscape."
In addition to its commitment to transparency, Bitget has fortified its asset security measures through the establishment of a
$300 Million Protection Fund. The fund stands as an additional safeguard, ensuring users are protected against potential losses arising from compromised accounts, unforeseen loss of assets, or extraordinary market events.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For media inquiries, please contact:
media@bitget.com
2023-10-12
Bitget Announces Partnership with Blockpit: Revolutionizing Cryptocurrency Trading and Tax ReportingHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
Press releaseBitget Upgrades Trading Infrastructure, Reducing Order Latency by Up to 40%Victoria, Seychelles, April 15, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has completed a backend system upgrade designed to enhance trading performance, delivering up to a 40% reduction in order processing latency for Bitget PRO and market maker users. The upgrade focuses on improving execution speed across the platform’s matching and account systems, enabling faster order acknowledgment and more responsive trade execution under live market conditions. Following the upgrade,2026-04-15
Press releaseBitget March 2026 Protection Fund Holds Above $450 Million Amid Volatile Market Conditions Victoria, Seychelles, April 14, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has released its March 2026 Protection Fund report, recording an average monthly valuation of $451,641,806, more than 50% above its original $300 million commitment. The fund reached a monthly peak of $486,577,000 on March 16, when Bitcoin climbed to $74,858, and recorded a monthly low of $427,134,500 on March 1 as BTC prices opened the month at $65,713. The fund closed March at $443,508,000, with Bitco2026-04-14
Press releaseBitget Launches CFD Copy Trading as Demand for Cross-Market Exposure AcceleratesVictoria, Seychelles, April 14, 2026 — Bitget, the world's largest Universal Exchange (UEX), today launched CFD Copy Trading, expanding access to traditional financial markets and allowing users to automatically follow professional traders across forex, commodities, and indices directly from the Bitget platform. The launch follows strong growth in Bitget’s CFD business, which recently surpassed $6 billion in single-day trading volume as users responded to heightened volatility across global mar2026-04-14
We offer all of your favorite coins！
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now