Bitget releases January 2024 Protection Fund Valuation Report

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Bitget Announcement2024/02/05 10:27

By:Bitget

Bitget has released its Protection Fund Valuation Report for January 2024. The report shows the fund achieved its highest-ever average monthly value of over $415 million and reached an all-time-high value of over $ 442 million on January 9, underscoring Bitget's commitment to user protection.

Bitget Protection Fund Valuation Status in January 2024:

Highest value: $442 million (Jan 9)

Lowest value: $393 million (Jan 23)

Average value: $415 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.

Thank you for your continued support and patronage!

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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