Bitget has released its latest Reserve Proof Report, with a comprehensive reserve coverage ratio of 201%. Among them, the reserve coverage ratios for BTC, ETH, USDT, and USDC are 426%, 158%, 124%, and 1988% respectively.
Since December 2022, Bitget has been publishing verifiable reserve proof reports every month, and the reserve coverage ratio has consistently remained above 200%. According to data from Nansen on August 10th, Bitget's accumulated reserve amount exceeds $1.5 billion, covering various mainstream digital assets such as BTC, ETH, USDT, and USDC.
Gracy Chen, the CEO of Bitget, emphasized the crucial role of trust and transparency in the company's operations, stating, “Prioritizing commitments and trustworthiness is one of our top priorities. We firmly believe that maintaining transparency and integrity helps gain user trust and contributes to the development of the cryptocurrency industry. By regularly publishing the latest data on reserve proof and providing verifiable results, we aim to enhance user trust. Bitget consistently upholds principles of integrity and is dedicated to setting a standard for transparency in the entire crypto sector.”