Bitget has updated the Proof of Reserves for April 2024
Bitget Announcement2024/05/02 10:00
By:Bitget Announcement
Bitget has recently updated its
April 2024 Proof of Reserves. For the newest update, Bitget's total reserve ratio was 176%. The latest reserve ratios are as follows:
To ensure the safety of users' assets, Bitget introduced the Proof of Reserves in December 2022. Data is updated every month to maintain a reserve ratio of at least 1:1 for the user's assets. Users can verify their assets on Bitget using the open-source verification tool called MerkleValidator, available on GitHub. In addition to the Proof of Reserves, Bitget has established a US$300 million Protection Fund to provide an additional layer of protection for user assets.
Visit
Bitget Proof of Reserves for more details.
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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
