Bitget releases November 2023 Protection Fund Valuation Report

2023-12-04 06:15

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Bitget has released its Protection Fund Valuation Report for November 2023, which includes an exciting all-time-high of $410 million. With an average of over $400 million for the month, this was the highest value of the Protection fund since its launch.

Highest value: $410.37 million (November 16)

Lowest value: $389.36 million (November 1)

Average value: $401.31 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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