Bitget releases August 2023 Protection Fund Valuation Report
Bitget has completed the August 2023 valuation tracking and assessment of the Bitget Protection Fund. Throughout August, the Bitget's Protection Fund's valuation remained above US$300 million:
Highest: 357.7 million USDT (August 9)
Lowest: 332.4 million USDT (August 19)
Average: 345.3 million USDT
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!