Bitget Publishes April 2025 Proof of Reserves Report: Confirming User Assets Secured at 191% Reserve Ratio
The top cryptocurrency exchange and Web3 provider, Bitget, has released its Proof of Reserves (PoR) report for April 2025, demonstrating its ongoing dedication to openness and the protection of customer assets. With an industry-leading 191% total reserve ratio and extremely safe, collateralized reserves, Bitget is fully backed by all user cash, according to the latest verification.
With Aprils reserves verification demonstrating strong collateralization across all major cryptocurrenciesBTC reserves stand at an impressive 369%, ETH at 148%, and stablecoins remain firmly protected with USDT at 117% and USDC at 217%Bitget continues to uphold its gold standard in asset protection. All of these numbers add up to Bitgets remarkable 191% overall reserve ratio, which includes sizeable buffers above and beyond full backing requirements.
The fact that Bitgets reserve ratios consistently exceed 100% indicates that user assets are fully covered by additional reserves for added protection. The exchanges 191% overall reserve ratio, which is far higher than that of many of its contemporaries in the sector, solidifies its standing as one of the most reliable cryptocurrency platforms.
Through the use of Merkle Tree verification, Bitgets monthly Proof of Reserves (PoR) audits enable users to verify their holdings independently at any time. To further bolster user confidence, the exchange also maintains a $610 million Protection Fund.
Gracy Chen, CEO of Bitget, stated: Security and trust are the foundation of everything we do at Bitget. Our April Proof of Reserves report once again proves that user funds are not only fully backed but held with substantial reserves beyond requirements. We remain committed to setting the highest standards in transparency and asset protection.
Text source: ZyCrypto
