Bitget Protection Fund Valuation Peaks Over $442M in January


VICTORIA, Seychelles, 2024 February 5 — Bitget, the world's leading cryptocurrency exchange and Web3 company, released its Protection Fund Valuation Report for January 2024. The report shows the fund achieved its highest-ever average monthly value of over $415 million and reached an all-time-high value of over $ 442 million on January 9, underscoring Bitget's commitment to user protection.
Bitget's Protection Fund stands out as a sizable user protection mechanism within the crypto space. Maintaining one of the largest self-insured funds in the industry builds confidence for users by supplying an added layer of security. The fund helps shield crypto assets from threats like hacks, frauds and outsized market movements.
Bitget's Protection Fund operates independently with a self-funded model, providing agile protection capabilities without external constraints. As the fund is autonomous, it can rapidly deploy resources as needed to cover user assets in the event of security incidents, market volatility, or other coverage events. This independent approach ensures Bitget users have strong protective support that is not dependent on external regulations, policies, or approvals which could introduce inefficiencies or delays in critical situations. The self-funded nature of the Protection Fund represents a considerable strength and security advantage for Bitget's user community.
To further increase its stability and liquidity against external factors, the fund encompasses a diversified portfolio of high-liquidity cryptocurrencies such as BTC, USDT, and USDC. For the month of January, Bitget's Protection Fund maintained stable growth as per market movements and BTC price surge, reaching an all-time-high value of over $ 442 million on January 9.
Bitget Protection Fund Valuation Status in January 2024:
Highest value: $442 million (Jan 9)
Lowest value: $393 million (Jan 23)
Average value: $415 million
“Bitget is focused on better serving users and protecting their interests through a robust ecosystem of products and expertise. While security remains a top priority for us, what truly sets us apart is our absolute commitment to user protection. We aim to assure people with their crypto by safeguarding their assets and championing their well-being through every market condition,” said Gracy Chen, Managing Director at Bitget.
Bitget's commitment to transparency goes beyond the Protection Fund Valuation report. The exchange has consistently offered verifiable Proof of Reserves data, providing users with additional confidence in the security of their assets. Bitget continues to grant users unrestricted access to comprehensive fund information, including publicly available wallet addresses.
For more detailed information, please visit here.
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 Boosts Institutional Edge with Fibonacci CapitalVictoria, Seychelles, 1 August, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, announced a strategic institutional partnership with Fibonacci Capital, a high-frequency trading (HFT) firm and market maker known for its data-driven liquidity strategies and advanced analytics platform. The collaboration reinforces Bitget’s commitment to enhancing institutional-grade infrastructure, boosting token market efficiency, and supporting sustainable growth for listed projects. With ov
2025-08-01
- Press releaseBitget Surges to 7.2% Global Derivatives Market Share, Ranks Top 3 Highlights Bitcoin.com ReportVictoria, Seychelles — July 31, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, today co-releases with Bitcoin.com an educational flagship titled “Crypto Derivatives 101 – Market Breakdown: Who’s Winning the Race?” designed to help newcomers navigate the fast-growing derivatives market, the guide also highlights Bitget’s leadership as its market share doubles to 7.2% in 2025, up from 4.6% year‑to‑date. As detailed in the newly released report, Bitget has emerged as the thi
2025-07-31
- Press releaseBitget Enables Auto-Buy Opening Passive Investing with Up to 30% ROI Annually Victoria, Seychelles, July 31st, 2025 — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has introduced its new recurring buy feature enabling systematic investment plan, allowing users to schedule automated crypto purchases using Visa and Mastercard. The feature is designed to help users build long-term crypto portfolios with minimal effort, applying a proven strategy known as Dollar Cost Averaging (DCA) — a method that has historically delivered returns of up to 30% or
2025-07-31