Bitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20%

Bitget

VICTORIA, Seychelles, March 22, 2024 — Bitget, the world's leading
cryptocurrency exchange and Web3 company, has introduced its latest monthly
Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%. It emphasizes Bitget's unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR disclosures, Bitget upholds its pledge to maintain 100% backing for user funds.

Bitget reaffirms its unwavering commitment to sound financial practices and stability as evidenced by its latest PoR data. The impressive reserve figures underscore Bitget's utmost devotion to protecting user assets and maintaining a high level of transparency. As of March 22nd,
Coinmarketcap reports that Bitget's total reserves exceed $2.5 billion, comprising prominent cryptocurrencies like BTC, ETH, USDT, and USDC. By conducting routine audits, Bitget ensures continuous visibility and upholds its responsibility to openness and accountability.
Gracy Chen, Managing Director at Bitget said:
"Bitget is committed to delivering the utmost security and transparency for its users, emphasizing financial stability and technical resilience to establish unwavering trust in the platform. We take great pride in upholding the strongest reserve ratio among prominent exchanges, cementing Bitget's position as a dependable and credible cryptocurrency exchange. This steadfast dedication to financial stability further bolsters the confidence of Bitget's users in the platform's reliability.
"
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:
[email protected]
How to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade nowRecommended
- BitgetBitget Q1 2025 Transparency Report TLDR; Bitget recorded $2.08 trillion total trading volume in Q1 2025; Spot trading volume surged 159% QoQ to $387 billion. Bitget and Bitget Wallet added 19.89 million new users in Q1 2025, increasing its total user base by 20% to over 120 million users in its ecosystem. Bitget’s Protection Fund grew steadily from $495 million in January to $514 million by March 2025. Bitget transferred ~$100 million in ETH to Bybit post-hack, demonstrating exchange solidarity and trust-building in cris
2025-04-11
- BitgetBitget Q2 2025 Transparency ReportTLDR; Bitget is rapidly gaining ground now the world’s second-largest exchange by volume and the largest women-led platform, growing its user base from 100M to 120M. Bitget joins the UNICEF Game Changers Coalition, launching a three-year global digital literacy program through Blockchain4Her. Official MotoGP Regional Partnership kicks off with Jorge Lorenzo and four global Grand Prix events. Regulatory footprint expands with new licenses in El Salvador and Georgia. Bitget launched innovative fe
2025-07-17
- BitgetBitget Monthly Transparency Report May 2025 Introduction In May 2025, the crypto market experienced a dynamic period marked by consolidation and growth. The total market cap peaked at $3.6 trillion early in the month but retreated to $3.28 trillion by month-end, with daily trading volume at $84.44 billion. Bitcoin (BTC) traded between $104,000 and $111,000, showing resilience despite a late-month dip to $104,778, with moderate bullish momentum. Ethereum (ETH) closed at $2,515.89, down from highs above $2,600, indicating a slight loss
2025-06-13
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 sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade now