Bitget Limited, a leading cryptocurrency exchange, has published its Proof of Reserves (PoR) report for June 2025, showing an impressive overall reserve ratio of 199%. This means that Bitget holds nearly twice as many assets as the liabilities of its users, far exceeding the industry standard of a 1:1 reserve ratio.
Key Insights from the PoR Report June 2025
- Bitcoin (BTC): Bitget holds 28,286.53 BTC against user liabilities of 6,593.8 BTC, resulting in a coverage ratio of approximately 429%.
- USDC: The platform holds reserves of about 138.88 million USDC for user deposits of over 51.44 million USDC – a coverage ratio of around 270%.
- Ethereum (ETH): Bitget has 219,917.71 ETH compared to user accounts, which total approximately 148,754.3 ETH, leading to a coverage ratio of about 148%.
- USDT: The reserves amount to approximately 1.75 billion tokens compared to user deposits of about 1.61 billion tokens, with a coverage rate of about 108%.
The audit process utilizes Merkle tree technology with over forty million individual assets verified through an open-source tool called MerkleValidator on GitHub; this allows users to independently verify the existence and sufficiency of reserves.
Transparency and Security Strategies
Bitget first introduced Proof of Reserves in December 2022 and has since been conducting monthly updates to ensure transparency and real-time security for its users. Additionally, Bitget operates a $600 million protection fund that enhances security by safeguarding users during extreme market conditions or unforeseen risks.
For private investors interested in stability and safety in cryptocurrency investments, this high reserve coverage demonstrates Bitget’s strong asset management practices and commitment to protecting customer funds beyond regulatory minimum requirements.
In summary:
- The PoR report from Bitget in June shows that the total reserves are nearly double what is required.
- Strong excess reserves in key cryptocurrencies such as BTC (429%) and stablecoins like USDC (270%).
- Transparent verification through Merkle tree technology.
- Ongoing monthly audits since late 2022.
- Additional protection through a substantial protection fund.
This makes Bitget one of the safest platforms currently available for crypto investors who prioritize security and transparency.