Bitget released the reserve report for August, with a BTC reserve ratio of 416%

ChainCatcher news, Bitget announced the August reserve report, with a comprehensive reserve ratio of 208%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 416%, 159%, 132%, and 1839%, respectively.

In December 2022, Bitget launched the reserve proof page. The reserve proof data is updated monthly to ensure that customer funds have at least a 1:1 reserve ratio. At the same time, users can also verify their platform assets using the open-source tool "Merklevalidator" on GitHub.