Press statement | BitgetThe main cryptocurrency and web3 exchange company in the world has published its reservation test report for February 2025.
The most recent snapshot shows that updated data highlights an increase in reserves to 186% above their 100% commitment. The last Bitget reservations test reaffirms its financial stability and transparency, showing a strong total reserve relationship.
The exchange has substantial reserves in the main assets, which guarantees more than the complete support of the user funds.
- The breakdown reveals a 322% reserve ratio for Bitcoin, with more than 19,393 BTC against the liabilities of 6,030 BTC users.
- Similarly, Ethereum reserves are in 173%, with holdings of 199,433 ETH exceeding 115,051 ETH in user assets.
- Stablecoin reserves are also robust, with USDT at 138% and USDC at 121%, which shows strong support.
Merkle Root’s hash verification adds an additional transparency layer, allowing users to verify their assets independently within the bitget system.
- With 35 million records included in the Merkle tree, the exchange continues to prioritize responsibility.
- The report highlights Bitget’s commitment to safeguard user assets while maintaining operational integrity.
- By consistently keeping reserves well above liabilities, Bitget reinforces confidence in their financial health, positioning itself as a safe and reliable platform for cryptographic investors and investors.
The updated shows Bitget’s efforts to maintain more than the industry’s standard reserves, which effectively guarantees that user assets are safe. The platform is capable of covering user withdrawals, even if all user assets are withdrawn.
In addition to maintaining a higher standard than the industry, Bitget ensures its users even more with a $ 300 million protection fund, now valued more than $ 570 million according to their last Protection Fund Report. This gives the platform an additional layer of resilience against cybersecurity threats.
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About Bitget
Established in 2018, Bitget is the main World Cup Cryptocurrency exchange and Web3 Company. Serving more than 100 million users in more than 150 countries and regions, Bitget’s exchange undertakes to help users to merchant more intelligent with their negotiation function of pioneer copies and other commercial solutions, while offering real -time access to real time Bitcoin price, Ethereum priceand other cryptocurrency prices. Previously known as bitkeep, Bitget wallet It is a multiple world -class multiple wallet that offers a variety of integral web3 solutions and characteristics that include wallet functionality, Swap Token, NFT Marketplace, DAPP Browser and more.
Bitget is at the forefront of conducting the adoption of cryptography through strategic associations, such as his role as the official critical partner of the best football league in the world, LaLigain the East Market, Sea and Latam, as well as a Global Partner of Turkish National Athletes Bus Tosun çavuşoğlu (World Wrestling Champion), Samet Silver (Boxing gold medalist) and Primary (National volleyball team), to inspire the global community to adopt the future of cryptocurrency.
This press release is sent to bitpins: Bitget updates reservations for February 2025, reserve relations increase to 186%
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