Proof of Reserves

Bitget guarantees 100% reserve backing of user assets. Every month, we publish Merkle Tree proof along with our platform reserves and reserve ratio.

Bitget's latest reserve ratio

Total reserve ratio

Reserves to be synchronized

Merkle Tree root node hash value

Snapshot time

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No reserve data available yet

What is Proof of Reserves (PoR)?

Proof of Reserves is a transparency audit mechanism for cryptocurrency exchanges. Through cryptographic verification and regular asset audits, it proves that the total assets held by the platform are no less than the sum of all users' assets, ensuring the security of user funds.

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We are committed to achieving maximum transparency

Highly transparent

Monthly snapshots of assets across all platform wallets are published for transparency.

Security first

Monthly snapshots of user assets are published with sensitive information anonymized.

Easy to verify

Users can verify their assets at any time in just a few simple steps.

Why do 100% reserves matter?

100% reserves proven

Sufficient platform reserves, with transparent and verifiable asset strength

Effectively keeps user assets safe

Even during large-scale withdrawals, the platform can handle it smoothly and pay out every withdrawal in full

Platforms unable to prove 100% reserves

Assets are at risk of misappropriation

Not resilient enough to withstand black swan events

If large-scale, concentrated withdrawals occur, they can easily trigger a bank run—and users can lose their assets as a result

About the Merkle Tree

A Merkle Tree is used to efficiently verify data integrity. Each underlying Acct node represents an account. The system performs a SHA-256 hash on the account name and balance, then pairs and computes adjacent hash values layer by layer to ultimately generate the Merkle root.

Proof of reserves verification process

Verify address ownership

We use open-source tools to verify the wallet addresses holding Bitget's reserves and confirm Bitget's ownership.

Take user balance snapshot

The system calculates each user's total assets across all wallets at the time of the snapshot.

Generate Merkle tree

The system hashes each user's ID and balance to build the Merkle tree.