Bitget releases December 2023 Protection Fund Valuation Report

2024-01-11 10:00

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Bitget has released its Protection Fund Valuation Report for December 2023, which includes an exciting all-time-high of $424 million. With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.

Highest value: $424 million (Dec 8th)

Lowest value: $388 million (Dec 1st)

Average value: $413 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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