Bitget releases February 2024 Protection Fund Valuation Report

2024-03-05 10:00

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Bitget has recently unveiled February 2024 Protection Fund Valuation Report. According to the report, the fund recorded its highest average monthly valuation, surpassing $461 million, and peaked at an unprecedented $543 million on February 28th. This highlights our dedication to safeguarding Bitget users.

Bitget Protection Fund Valuation Status in February 2024:

Highest value: $543 million (Feb 28)

Lowest value: $413 million (Feb 4)

Average value: $461 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.

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