Bitget's reserve ratio increased by 9% to 176% in August, surpassing industry standard.

Bitget, a leading crypto exchange, revealed a 9% increase in reserve ratio in its monthly Proof-of-Reserves update in August, reaching 176%. BTC, ETH, USDT, and USDC reserve ratios also strengthened. Bitget's reserves exceed industry standard 100%, and it has a $400M Protection Fund to insure users. The platform serves 25 million+ users globally and is committed to maintaining user asset safety.

August 29, 2024
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