Bitget has updated the Proof of Reserves for May 2024

Bitget has recently updated its May 2024 Proof of Reserves. For the newest update, Bitget's total reserve ratio was 169%. 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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