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Bitget releases October 2023 Protection Fund Valuation Report

2023-11-07 11:26049

Bitget has completed the October 2023 valuation tracking and assessment of the Bitget Protection Fund. Throughout October, the Bitget's Protection Fund's valuation remained above US$300 million:

Highest value: $ 388.5 million (October 29)

Lowest value: $ 337.9 million (October 12)

Average value: $ 357.2 million

In 2022, we launched the Bitget Protection Fund to ensure that user assets are fully protected. The fund initially had a size of US$300 million, and Bitget is committed to maintaining the fund's valuation above US$300 million. Visit Bitget Protection Fund for more details.

In order to ensure the safety of our users' assets, Bitget has also launched the Proof of Reserves. Data is updated every month to ensure that we have at least a 1:1 reserve ratio for users' assets.

Thank you for your continued support and patronage!