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Bitget releases May 2024 Protection Fund Valuation Report
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Bitget
2024-06-10 10:00
Bitget has recently unveiled the May 2024 Protection Fund Valuation Report. With the highest value at $465 million on May 20th and an average monthly valuation of $425 million, our Protection Fund highlights Bitget's dedication to safeguarding Bitget users.
Bitget Protection Fund Valuation Status in May 2024:
Highest value: $ 465 million (May 20)
Lowest value: $ 378 million (May 1)
Average value: $ 425 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!
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