Bitget, a leading cryptocurrency exchange and Web3 company, has released its proof-of-reserves (PoR) report for February 2025, revealing a significant increase in reserve levels.
The latest snapshot shows Bitget’s total reserve ratio rising to 186%, exceeding its 100% commitment. This demonstrates the platform’s financial stability and dedication to transparency.
Bitget’s Bitcoin reserves stand at 322%, with 19,393 BTC held against user liabilities of 6,030 BTC.
Ethereum reserves are at 173%, holding 199,433 ETH compared to 115,051 ETH in user assets.
Stablecoins are also well-backed, with USDT reserves at 138% and USDC at 121%.
The platform’s Merkle root hash verification enhances transparency, allowing users to independently verify their assets within the system. The Merkle tree includes 35 million records, reinforcing accountability and security.
Bitget’s reserves exceed industry standards, ensuring that user assets are fully backed and accessible for withdrawals. The exchange also maintains a $300 million Protection Fund, now valued at over $570 million, offering an additional layer of security against potential threats.
With a consistently high reserve ratio and strong financial safeguards, Bitget positions itself as a trusted platform for crypto traders and investors.
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