Bitget Released its 47 th Proof of Reserves, stating that the aggregate reserve ratio across 19 asset classes was 131%
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AT A GLANCE
Bitget Stated that its 47 th Proof of Reserves showed that the aggregate reserve ratio across 19 asset classes was 131%。
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Bitget Released its 47 th Proof of Reserves, with the aggregate reserve ratio across 19 asset classes reaching 131%BlockBeats news:September 30, according to an official announcement,Bitget released its 47 th Proof of Reserves (PoR). The total reserve ratio reached 131%, covering 19 asset classes. Among them,BTC、ETH、USDT and USDC had reserve ratios of 142%、110%、107%and 154%。
Bitget has updated its Proof of Reserves monthly since 2022 December, and this year September expanded coverage from 4 asset classes to 19 classes, providing users with broader visibility into the platform's reserves.Bitget's historical average reserve ratio has remained above 120%, exceeding the 100%coverage benchmark and fully covering users' safeguarded assets.
Original link https://m.theblockbeats.info/flash/369672
Key points
01
Bitget Released its 47 th Proof of Reserves (PoR）。
02
The announcement stated that the total reserve ratio reached 131%, covering 19 asset classes.
03
BTC、ETH、USDT and USDC had reserve ratios of 142%、110%、107%and 154%。
04
Bitget Stated that it has updated its Proof of Reserves monthly since 2022 December.
05
Bitget Stated that this year September expanded coverage from 4 asset classes to 19 classes.
06
Bitget Stated that its historical average reserve ratio has remained above 120%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A Proof of Reserves is Bitget's disclosure of the platform's asset coverage. This announcement provides the aggregate reserve ratio for 19 asset classes and specific ratios for certain assets.
Why it matters to readers
This provides users with information on Bitget's disclosed asset-reserve coverage, but the material does not include complete reserve details, the liability scope, or verification materials.
Beginners should first focus on the aggregate reserve ratio, reserve ratios for specific assets, and the scope of verification; a reserve ratio exceeding 100%does not mean that the platform has no other risks.
Risks and unknowns
The material does not provide independently verifiable reserve details.
The material does not specify the liability scope.
The material does not provide an audit scope or on-chain verification materials.
The verification quality of the Proof of Reserves or the security of the platform's funds cannot be confirmed on this basis alone.
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PoR
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