Bitget Boosts User Protection Fund to 3705 BTC

Bitget has bolstered its user protection fund by adding company funds, bringing the total to 3,705 Bitcoin (BTC). As of October 4, the fund's value stood at $316 million.

The exchange also disclosed a reserve ratio of 131% across 19 major assets. This figure reflects the level of reserves held relative to user deposits, ensuring financial stability.

The move underscores Bitget's commitment to safeguarding user assets and maintaining transparency in its operations.