Bitget Proof-of-Reserves January 2025 Report: USDC Reserves Increased by 98% 

Press release

Victoria, Seychelles, 10th January 2024 -
Bitget, the world's leading cryptocurrency exchange and Web3 company, has released their proof-of-reserves report for January 2025, including reserves of Bitcoin (BTC), Ethereum (ETH), USDT and USDC. This update shows the platform’s commitment to transparency and security, providing a transparent overview of its asset holdings and user balances. The report highlights Bitget's focus on ensuring users can verify the safety and sufficiency of their funds. The total reserve ratio is insured by over 172% way higher than its initial commitment of 100% reserves.
The proof of reserves for Bitget in January 2025 shows a strong financial backing of the platform, with all reserve ratios exceeding 100%, indicating sufficient reserves to cover users' assets. The platform holds
18,070.79 BTC, covering
6,944.24 BTC of users' assets with a reserve ratio of
260%. For USDT, Bitget holds
1,700,446,207.21 USDT, covering
1,292,754,509.2 USDT of users' assets with a reserve ratio of
132%. Similarly, the platform holds
198,722.39 ETHagainst
120,880.38 ETH of users' assets, achieving a
164% reserve ratio. Around
55,342,499.81 USDC assets are held, compared to
45,541,144.71 USDC of users' assets, reflecting a reserve ratio of
122%, a
98% increase from December 2024. These figures affirm Bitget's commitment to ensuring customer fund security and maintaining transparency in its operations.
Bitget utilizes the Merkle tree verification system to guarantee the accuracy of its Proof-of-Reserves. This method securely hashes each user’s asset data into a tree structure, enabling individual users to verify their holdings while ensuring the integrity of the platform's overall reserves. Through this system, the platform proves that its total reserves surpass 100% of user balances, offering an extra layer of security and transparency.
The Proof-of-Reserves process is complemented by open-source tools available on
GitHub, allowing independent verification of the methodology and results. By making this data public, Bitget provides the crypto community with full visibility into its asset custody practices.
This initiative underscores the importance of clear and reliable reserve audits in the evolving crypto landscape. Transparent mechanisms like Proof-of-Reserves set benchmarks for exchanges and ensure user funds are appropriately protected, even during unpredictable market conditions.
For more insights on Bitget's Proof-of-reserves, please visit
here.
About Bitget
Established in 2018, Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to
Bitcoin price,
Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League,
LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes
Buse Tosun Çavuşoğlu (Wrestling world champion),
Samet Gümüş (Boxing gold medalist) and
İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For media inquiries, please contact:
[email protected]
Risk Warning:
Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our
Terms of Use
.
How to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade nowRecommended
- Press releaseBitget Offers 50% Discount on Maker Fees to Celebrate Bitcoin’s New All-Time HighVictoria, Seychelles May 22, 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, is thrilled to announce a 50% discount on maker fees across all spot and futures markets. This limited-time promotion is in celebration of Bitcoin (BTC) reaching a new all-time high, marking a historic milestone for the crypto community. As Bitcoin breaks new ground and captures the global spotlight, Bitget is giving back to its users by making trading even more accessible and rewarding. The 50% dis
2025-05-22
- Press releaseBitget Gains Market Share in April 2025 Monthly Report Highlights Victoria, Seychelles, 16th May , 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, released its April 2025 Transparency Report, highlighting a month of growth, regulatory milestones, and continued momentum despite broader market uncertainties through consistent innovation and strong execution. In a month marked by market correction and investor caution, Bitget recorded a futures trading volume of $757.6 billion, representing 17.3% growth month-on-mon
2025-05-16
- Press releaseBitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide Victoria, Seychelles, 20 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is celebrating Bitcoin Pizza Day by hosting events across five continents and distributing pizzas to more than 2,000 people. Between May 19 and May 22, gatherings are being held in cities including Abuja, Cape Town, Buenos Aires, São Paulo, Mexico City, Lisbon, Barcelona, Florence, Catania, Turin, Milan, Athens, Metro Manila, Penang, Tirana, Prague, Dubai, Taipei, and Ho Chi Minh City. Bitcoin Pi
2025-05-20
We offer all of your favorite coins!
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade now