Bitget Expands Proof of Reserves to 19 Major Assets
Bitget has expanded its Proof of Reserves (PoR) system to cover over 19 major assets, including Bitcoin, USDT, and Ethereum. This move is aimed at increasing transparency for users by providing them with detailed information about the reserves backing their funds.
The updated PoR system now covers a wide range of cryptocurrencies, allowing users to verify their holdings through Merkle Tree technology. Users can also view details such as Merkle hashes and snapshot data to ensure that their assets are accurately reflected in the platform's reports.
Bitget has been publishing monthly Proof of Reserves reports since December 2022, with a reserve ratio of 122% reported in August 2026. This means that Bitget held more reserves than the total user assets included in the report, exceeding its 1:1 reserve standard.