Bitget has updated the Proof of Reserves for September 2024

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Bitget Announcement2024/09/30 10:00

By:Bitget Announcement

Bitget has recently updated its September 2024 Proof of Reserves. For the newest update, Bitget's total reserve ratio was 166%. The latest reserve ratios are as follows: To ensure the safety of users' assets, Bitget introduced the Proof of Reserves in December 2022. Data is updated every month to m

Bitget has recently updated its September 2024 Proof of Reserves. For the newest update, Bitget's total reserve ratio was 166%. The latest reserve ratios are as follows:

Bitget has updated the Proof of Reserves for September 2024 image 0

To ensure the safety of users' assets, Bitget introduced the Proof of Reserves in December 2022. Data is updated every month to maintain a reserve ratio of at least 1:1 for the user's assets. Users can verify their assets on Bitget using the open-source verification tool called MerkleValidator, available on GitHub. In addition to the Proof of Reserves, Bitget has established a US$300 million Protection Fund to provide an additional layer of protection for user assets.

Visit Bitget Proof of Reserves for more details.

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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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