Bitget Releases Merkle Tree Snapshot for Dec 2022
As promised, we've just released the monthly snapshot for our Merkle tree Proof of Reserves (PoR).
We advocate for a secure and transparent trading experience in crypto, and are proud to be an exchange that makes our PoR public to our customers. With Bitget, you can rest assured that your assets are held at least 1:1.
Our updated reserve ratio has been reflected on the PoR page, but for a 'snapshot' of the snapshot, as of December 30, 2022:
BTC reserves are held at 650%
USDT reserves are held at 185%
ETH reserves are held at 237%
Users are welcome to verify their assets on Bitget by logging into their accounts and checking their own Merkle leaf node, or by using the Merklevalidator.