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Bitget releases October 2024 Protection Fund Valuation Report

2024-11-08 10:0023586
Bitget has recently unveiled the October 2024 Protection Fund Valuation Report. With the highest value at $473 million on October 30th and an average monthly valuation of $424 million, our Protection Fund highlights Bitget's dedication to safeguarding Bitget users.
Bitget Protection Fund Valuation Status in October 2024:
Highest value: $473 million (October 30th)
Lowest value: $391 million (October 11th)
Average value: $424 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.

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