Bitget releases August 2024 Protection Fund Valuation Report

Bitget has recently unveiled the August 2024 Protection Fund Valuation Report. With the highest value at $424 million on August 2nd and an average monthly valuation of $390 million, our Protection Fund highlights Bitget's dedication to safeguarding Bitget users.

Bitget Protection Fund Valuation Status in August 2024:

Highest value: $424 million (August 2nd)

Lowest value: $350 million (August 6th)

Average value: $390 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!