Bitget has updated the Proof of Reserves for December 2024
Bitget Announcement2025/01/09 10:00
By:Bitget Announcement
Bitget has recently updated its December 2024 Proof of Reserves. For the newest update, Bitget's total reserve ratio was 134%. 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 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.
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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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