Bitget releases July 2024 Protection Fund Valuation Report

2024-08-06 10:00

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Bitget has recently unveiled the July 2024 Protection Fund Valuation Report. With the highest value at $443 million on July 29th and an average monthly valuation of $407 million, our Protection Fund highlights Bitget's dedication to safeguarding Bitget users.

Bitget Protection Fund Valuation Status in July 2024:

Highest value: $443 million (July 29th)

Lowest value: $363 million (July 8th)

Average value: $407 million

In 2022, we launched the Bitget Protection Fund to ensure that user assets are fully protected. The fund initially had a size of US$300 million, and Bitget is committed to maintaining the fund's valuation above US$300 million. Visit Bitget Protection Fund for more details.

In order to ensure the safety of our users' assets, Bitget has also launched the Proof of Reserves. Data is updated every month to ensure that we have at least a 1:1 reserve ratio for users' assets.

Thank you for your continued support and patronage!

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*This announcement is time-sensitive. Please note the date of publication. The platform assumes no responsibility for any direct or indirect losses arising from changing circumstances or outdated content.

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