Bitget launches a fund custody service, mainly targeting clients with total assets of 100,000 USDT

ChainCatcher news, the encrypted exchange Bitget has launched a dedicated wallet "fund custody service." This service is primarily aimed at VIP clients with total assets greater than or equal to 100,000 USDT on the Bitget platform. Eligible users can apply for fund custody, and once approved, they can view and withdraw assets from their dedicated wallet address. Even in extreme cases of a bank run at the exchange, it will not affect the funds of custody users. The platform conducts a daily reconciliation of users' account balances against on-chain funds. (source link)