BITGET MAINTAINS 213% RESERVE RATIO IN MARCH 2025 PROOF-OF-RESERVES UPDATE

27/03/2025 11:10 AM

VICTORIA, Seychelles, March 27 (Bernama) -- Bitget, the leading global cryptocurrency exchange, has released its latest proof-of-reserves report for March 2025, reaffirming its asset transparency and user fund security with a reserve ratio of 213%. The report, timestamped at 10:30 AM (UTC+8) on March 17, shows that the exchange holds more than double the users' total assets across BTC, ETH, USDT, and USDC.

The audit, supported by a 27-layer Merkle tree comprising over 37.8 million records, verifies that Bitget possesses sufficient assets to cover all user balances. This month's report highlights reserve ratios of 332% for BTC, 173% for USDT, 161% for ETH, and 198% for USDC, each significantly exceeding the 100% threshold required to meet user liabilities.

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