Key facts
- Bitget has expanded its Proof of Reserves to cover 19 crypto assets.
- Supported assets include Bitcoin, Ethereum, XRP, Solana, Dogecoin, BNB, Cardano, USDT, USDC, and Litecoin.
- Users can verify if their holdings are included in the reserves using Merkle Tree technology.
- Bitget has published 45 consecutive Proof of Reserves reports since December 2022.
- The exchange's total reserve ratio was 122% as of its latest report in August 2026.
- Gracy Chen, CEO of Bitget, stated that users should be able to verify their assets themselves.
Crypto exchange Bitget has increased the number of cryptocurrencies on its Proof of Reserves (PoR) platform to 19, aiming to provide users with greater transparency and control over verifying their assets. The expansion includes major cryptocurrencies such as Bitcoin, Ethereum, and XRP, as well as stablecoins like USDT and USDC, and other tokens like Solana, Dogecoin, BNB, Cardano, and Litecoin.
Bitget's updated PoR interface allows users to check the amount of funds backed by reserves for each supported asset and view the reserve ratio. It also offers blockchain information to visualize asset distribution and enables personal asset checks using Merkle Tree technology, allowing users to confirm if their specific holdings were included in a particular PoR snapshot. Additional records, including Merkle hashes and snapshot data, are available for download.
Since December 2022, Bitget has consistently published monthly PoR reports, reaching 45 consecutive reports by the end of August 2026. According to its latest report, the exchange maintained a total reserve ratio of 122%, exceeding the 1:1 reserve mark. Gracy Chen, CEO of Bitget, emphasized that users should have the ability to verify their assets independently, stating that the expansion from four to 19 assets provides greater visibility as user holdings become more diverse. The exchange also noted that its interface will indicate assets not included in an audit and alert users if their personal records are unavailable, as part of its broader strategy to enhance the verifiability of its safeguards.