Blog>
Bitget's Latest Proof of Reserves Shatters Industry Records with Stellar Ratios
Bitget's Latest Proof of Reserves Shatters Industry Records with Stellar Ratios
Press release
VICTORIA, Seychelles, Sept 8th, 2023 — Bitget, top crypto derivatives and
copy trading platform, has unveiled its latest monthly
Proof of Reserves (PoR)
report, continuing its commitment to comprehensive transparency with its total reserve ratio of 208%. This POR report upholds Bitget's pledge to users that their funds are fully backed 1:1 and available on demand.
Bitget's PoR data for August 2023 underscores its dedication to maintaining robust financial integrity and technical security. These impressive reserve ratios exemplify Bitget's steadfast promise to safeguard user assets and ensure the highest level of transparency within the cryptocurrency industry.
Bitget’s latest reserve ratios are as follows:
Gracy Chen, Managing Director at Bitget, emphasized the importance of this dedication to transparency, stating,
"In today's dynamic financial world, where stability is paramount, Bitget remains steadfast in our commitment to ensuring the utmost security and transparency for our users. We prioritize both financial solidity and technical robustness to instill unwavering confidence in our user base. Bitget will persist in releasing regular Proof of Reserves reports as a cornerstone of trust within our platform."
Bitget's commitment to transparency goes hand in hand with its dedication to user asset security. The exchange carries out regular audits of the PoRs, collaborating with leading audit firms to ensure the accuracy and timeliness of user asset balances within its reserves. To provide an additional layer of safeguard for its users, Bitget has established a $300 Million Protection Fund. This fund is designed to cover users' losses in the event of compromised accounts or lost assets due to unforeseen events or trading behavior beyond their control. Bitget is committed to continuously increasing the Protection Fund to maintain its value, further highlighting its dedication to customer asset security.
Bitget's latest Proof of Reserves report reaffirms its position as a trailblazer in the cryptocurrency exchange industry. The exchange's commitment to transparency, security, and user trust sets a new standard for the entire crypto ecosystem.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel
Messi and official eSports events organizer PGL.
For media inquiries, please contact:
media@bitget.com
2023-09-08
Bitget Partners with 3Commas to Bring Advanced Trading Automation to UsersHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
Press releaseBitget Publishes rToken Institutional Playbook for Cross-Asset Capital ManagementVictoria, Seychelles, July 28, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has released an rToken institutional cross-asset collateral playbook detailing how market makers, hedge funds, quantitative trading firms, prime brokers, and asset managers can use its Cross-Asset Unified Account (UTA) to improve capital efficiency across crypto and tokenized US equities. The publication outlines practical portfolio and financing strategies designed for institutions managing capital acros2026-07-28
Press releaseBitget Maintains 123% Reserve Ratio in 44th Proof of Reserves Report Victoria, Seychelles, July 28, 2026 — Bitget, the world's largest Universal Exchange (UEX), has released its latest Proof of Reserves (PoR), providing an updated snapshot of platform balances as users continue to adjust their portfolios in response to evolving market conditions. The latest snapshot shows user holdings of 26,856 BTC, 112,242 ETH, 1,678,163,870 USDT, and 113,827,508 USDC. Compared with June, BTC holdings increased by 15%, while ETH, USDT, and USDC holdings changed by 50%, 13%, an2026-07-28
Press releaseBitget Launchpool adds AEON (AEON) with 1.1M in Token Rewards Victoria, Seychelles, July 27, 2026 – Bitget, the world’s largest Universal Exchange (UEX), announced the addition of AEON (AEON) to Bitget Launchpool and spot market. Spot trading for the AEON/USDT pair opens on July 27, 2026, 11:00 (UTC), with withdrawals available from July 28, 2026, 12:00 (UTC). To celebrate the listing, Bitget Launchpool will run a campaign offering 1,166,666 AEON in rewards. Eligible users can participate by locking BGB and AEON during the event, which runs from July 27,2026-07-27
We offer all of your favorite coins！
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now