Bitget Demonstrates Continued Transparency with April 2024 Proof of Reserves Update
Bitget
Victoria, Seychelles May 2, 2024 - Bitget, the world's leading cryptocurrency exchange and Web3 company, reaffirms its commitment to transparency and demonstrates continuous user asset growth with its latest
April 2024 Proof of Reserves (PoR) update. The update showcases Bitget's unwavering dedication to maintaining robust reserves, ensuring the security of user assets amidst the dynamic crypto landscape.
The April 2024 PoR report reveals a total reserve ratio of 176%, with ratio for BTC and ETH reaching 335% and 229% respectively. The latest update also unveils a significant increase in the user assets of USDT and ETH, as both figures grew as much as 51% and 46% since January 2024, showing strong momentum in user confidence and growth.
Gracy Chen, Managing Director at Bitget, emphasized the significance of the latest PoR update, stating, "Bitget is unwavering in its commitment to transparency and financial stability. Our latest PoR update reinforces our dedication to safeguarding user assets and upholding the highest standards of accountability. With a total reserve ratio of 176%, Bitget continues to lead by example in the cryptocurrency exchange industry."
The regularly updated reserve ratios for prominent cryptocurrencies, including
BTC, ETH, USDT, and USDC, underscore Bitget's commitment to providing users with a secure and transparent trading environment. Bitget's dedication to transparency extends beyond PoR disclosures. The exchange has also established a
Protection Fund and publishes monthly valuations to further enhance user protection and mitigate potential risks.
As of April 22, 2024, Coin marketcap reports that Bitget's total reserves exceed $2.7 billion, consolidating Bitget's position as a reliable and trustworthy cryptocurrency exchange. By conducting routine audits, Bitget ensures continuous visibility and upholds its responsibility to openness and accountability.
About Bitget
Established in 2018,
Bitget is the world's leading
cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the
Bitget exchange is committed to helping users trade smarter with its pioneering
copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel
Messi and official eSports events organizer PGL.
For more information, visit:
Website |
Twitter |
Telegram |
LinkedIn |
Discord |
Bitget Wallet For media inquiries, please contact:
media@bitget.com
2024-04-30
A Year of Knowledge and Engagement: #Blockchain4Youth Celebrates Its First AnniversaryHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
BitgetBitget Q3 2026 Transparency Report TLDR; Trading activity expanded across crypto and traditional financial markets, with combined trading volume across six reported categories reaching approximately $1.86 trillion in Q3 2026. Crypto derivatives volume rose 31.5% from July to September to $409.19 billion, while crypto spot and CFD volumes increased 65.7% and 39.7%, respectively. Independent research highlighted Bitget's liquidity performance. TokenInsight ranked Bitget first for combined BTC and ETH futures order-book depth w2026-11-02
BitgetBitget x Reality x Keyring: Decentralising Equity Basis with rToken Bitget and Keyring are collaborating on a rules-based equity-basis index and associated onchain lending markets using Reality’s rTokens. Reality provides the tokenised equity exposure, while Keyring develops the index methodology and structures the related lending markets. The index is designed to combine rToken holdings with offsetting equity-perpetual positions to capture funding and basis opportunities. Selected products are planned for distribution through Bitget Earn, subject to product re2026-10-28
BitgetBitget Q1 2026 Transparency ReportTLDR; – TradFi Scales Within UEX – Public rollout of TradFi suite drove rapid adoption, with non-crypto trading volume peaking at nearly 40% of the platform, signaling real multi-asset demand. – AI Trading Enters Execution Phase – Launched Agent Hub and GetClaw, enabling autonomous, installation-free trading and advancing toward agentic market participation. – Liquidity & Derivatives Strength – Ranked #1 globally in BTC and ETH futures liquidity while maintaining ~$893B quarterly trading volume2026-04-13
We offer all of your favorite coins！
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now