Bitget Reaffirms Industry-Leading Reserve Strength with Latest PoR Ratio of 175%


VICTORIA, Seychelles, January 10, 2024 — Bitget, the world's leading cryptocurrency exchange and Web3 company, has launched its most recent monthly Proof of Reserves (PoR) report, demonstrating its industry-leading commitment to transparency with a robust total reserve ratio of 175%. This regularly-released PoR disclosure underscores Bitget's unwavering pledge to maintain 100% backing for user funds at all times through substantial on-hand reserves.
The January 2024 PoR data highlights Bitget's unrelenting focus on prudent financial management and stability. With these strong reserve numbers, Bitget confirms its steadfast dedication to safeguarding user assets through unparalleled visibility into its balance sheet. According to Coinmarketcap's data on January 8th, Bitget's total reserves surpassed $1.8 billion consisting of major cryptocurrencies such as BTC, ETH, USDT, and USDC, among others. This routine audit provides clear visibility into Bitget's ongoing commitment to openness and accountability.
Gracy Chen, Managing Director at Bitget said: "Bitget remains resolute in providing the highest level of security and transparency to its users. We prioritize financial stability and technical resilience to instill unwavering confidence in our platform. We take immense pride in maintaining the most robust reserve ratio among major exchanges. This unwavering commitment to financial stability reinforces our users' trust in Bitget as a reliable and trustworthy crypto exchange."
Bitget's dedication to transparency aligns with its focus on maximizing user protection. In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com
- Press releaseBitget Becomes Gold Sponsor at Token2049 Dubai: CEO Gracy Chen to Share Vision for Crypto’s Next Chapter United Arab Emirates, Dubai, 29 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is set to make a major impact at TOKEN2049 Dubai as a Gold Sponsor of this year’s landmark event. Taking place from 30 April to 1 May 2025, at Madinat Jumeirah Conference Centre, TOKEN2049 Dubai brings together the brightest minds and boldest innovators from across the global crypto and blockchain ecosystem. As the crypto community gathers in one of the most dynamic hubs for innovation,
2025-04-29
- Press releaseGlobal Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology. Avalanche is investing aggressively in th
2025-04-28
- Press releaseBitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative "Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand. Bitget, known for pushing the boun
2025-04-28