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Bitget releases March 2024 Protection Fund Valuation Report

2024-04-03 10:000311
Bitget has recently unveiled March 2024 Protection Fund Valuation Report. According to the report, the fund recorded its highest average monthly valuation, surpassing $577 million, and peaked at an unprecedented $612 million on March 13th. This highlights our dedication to safeguarding Bitget users.
Bitget Protection Fund Valuation Status in March 2024:
Highest value: $ 612 million (March 13th)
Lowest value: $ 540 million (March 2nd)
Average value: $ 577 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.