Bitget announced the latest reserve data, the comprehensive reserve ratio is 201%

Odaily Planet Daily News Bitget released the latest reserve certificate report, the total reserve coverage rate is 201%, of which, the reserve ratios of BTC, ETH, USDT, and USDC are 426%, 158%, 124% and 1988% respectively. Since December 2022, Bitget has published verifiable reserve certificates every month, and the reserve coverage rate has always remained above 200%. According to data released by Coinmarketcap on August 7, Bitget’s accumulated reserves exceeded US$1.37 billion, covering 31 mainstream digital assets such as BTC, ETH, USDT, and USDC. Gracy Chen, Managing Director of Bitget, emphasized the key role of trust and transparency in the company's operations. She said: "Focus on commitment and trustworthiness is one of our top priorities. We firmly believe that maintaining transparency and integrity helps to gain user trust, and It is beneficial to the development of the encryption industry. By regularly publishing the latest data of the Proof of Reserves and providing verifiable results, can it increase the trust of users. Bitget has always firmly maintained the code of integrity and is committed to setting an example of transparency for the entire encryption field.”