Bitget announces user protection fund, currently sized at 300 million USD
ChainCatcher news, Bitget recently disclosed its risk protection fund to ensure that users' assets are fully protected. As of now, the fund has reached a scale of 300 million USD, which includes 6,500 BTC, 160 million USDT, and 40 million USDC. It is reported that this fund is the second largest user protection fund among CEXs, with assets stored in seven public wallet addresses that users can track and verify in real-time. At the same time, Bitget promises to maintain the fund's value at 300 million USD over the next three years.
Founded in 2018, Bitget is a leading global cryptocurrency trading platform, featuring contract trading and copy trading. Currently, Bitget serves over 8 million users in more than 100 countries and regions worldwide. Bitget has numerous trusted partners globally, including Argentine football legend Lionel Messi, the renowned Italian football club Juventus, and the official esports event organizer PGL. (Source link)