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Bitget releases December 2023 Protection Fund Valuation Report

Bitget releases December 2023 Protection Fund Valuation Report

By:Bitget
Bitget has released its Protection Fund Valuation Report for December 2023, which includes an exciting all-time-high of $424 million. With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.
Highest value: $424 million (Dec 8th)
Lowest value: $388 million (Dec 1st)
Average value: $413 million
In 2022, we launched the Bitget Protection Fund to ensure that user assets are fully protected. The fund initially had a size of US$300 million, and Bitget is committed to maintaining the fund's valuation above US$300 million. Visit Bitget Protection Fund for more details.
In order to ensure the safety of our users' assets, Bitget has also launched the Proof of Reserves . Data is updated every month to ensure that we have at least a 1:1 reserve ratio for users' assets.
Thank you for your continued support and patronage!
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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