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Bitget shares Merkle Tree Proof of Reserves to enhance transparency

Retrieved on: 
Monday, December 5, 2022

VICTORIA, Seychelles, Dec. 5, 2022 /PRNewswire/ -- Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves ("PoR"), using the cryptographic-audited Merkle tree method, and that users' assets stored on the platform are safeguarded.

Key Points: 
  • The Proof of Reserves page provides users with a wealth of information on the topic, including several core elements such as "Merkle Validator", the monthly snapshots presenting the balance of the reserve pools, user education on Proof of Reserves and the importance of being fully reserved, as well as how the Merkle tree supports and proves the authenticity and consistency of the data presented by Bitget.
  • To further enhance transparency and ensure the accuracy of the information on the page, Bitget is also launching a new tool, "Merkle Validator", for users to perform self-audit with their own accounts.
  • Users are able to verify the status of their assets' "Merkle leaf" under the Merkle tree data structure.
  • The release of the Proof of Reserves and the Merkle tree data equips users with updated and informational insights on the financial status of Bitget and enhanced control on their assets stored on the platform, which is echoed in our commitment of maximum transparency and top-notch protection policies for users."

Bitget shares Merkle Tree Proof of Reserves to enhance transparency

Retrieved on: 
Monday, December 5, 2022

VICTORIA, Seychelles, Dec. 4, 2022 /PRNewswire/ -- Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves ("PoR"), using the cryptographic-audited Merkle tree method, and that users' assets stored on the platform are safeguarded.

Key Points: 
  • The Proof of Reserves page provides users with a wealth of information on the topic, including several core elements such as "Merkle Validator", the monthly snapshots presenting the balance of the reserve pools, user education on Proof of Reserves and the importance of being fully reserved, as well as how the Merkle tree supports and proves the authenticity and consistency of the data presented by Bitget.
  • To further enhance transparency and ensure the accuracy of the information on the page, Bitget is also launching a new tool, "Merkle Validator", for users to perform self-audit with their own accounts.
  • Users are able to verify the status of their assets' "Merkle leaf" under the Merkle tree data structure.
  • The release of the Proof of Reserves and the Merkle tree data equips users with updated and informational insights on the financial status of Bitget and enhanced control on their assets stored on the platform, which is echoed in our commitment of maximum transparency and top-notch protection policies for users."

Bitget increases Protection Fund to $300M to safeguard user's assets after FTX's fall

Retrieved on: 
Friday, November 18, 2022

Bitget's Protection Fund was launched in July this year with the objective to safeguard user's crypto assets.

Key Points: 
  • Bitget's Protection Fund was launched in July this year with the objective to safeguard user's crypto assets.
  • The fund is completely self-funded, allowing more flexibility and discretion to efficiently cover users' assets without external bureaucracy or policy changes.
  • The increased 300 million USD protection fund will be made up of popular cryptocurrencies of high liquidity, such as BTC, USDT, and USDC.
  • Expansion for Bitget Protection Fund is another move by Bitget to help enhance trust and confidence in the crypto space as a whole.

Bitget increases Protection Fund to $300M to safeguard user's assets after FTX's fall

Retrieved on: 
Friday, November 18, 2022

Bitget's Protection Fund was launched in July this year with the objective to safeguard user's crypto assets.

Key Points: 
  • Bitget's Protection Fund was launched in July this year with the objective to safeguard user's crypto assets.
  • The fund is completely self-funded, allowing more flexibility and discretion to efficiently cover users' assets without external bureaucracy or policy changes.
  • The increased 300 million USD protection fund will be made up of popular cryptocurrencies of high liquidity, such as BTC, USDT, and USDC.
  • Expansion for Bitget Protection Fund is another move by Bitget to help enhance trust and confidence in the crypto space as a whole.

Bitget innovates social trading with new feature 'Strategy Plaza'

Retrieved on: 
Wednesday, November 9, 2022

HONG KONG, Nov. 9, 2022 /PRNewswire/ -- Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies and allows the system to automatically execute the strategies after subscription, facilitating trades with convenience and flexibility.

Key Points: 
  • HONG KONG, Nov. 9, 2022 /PRNewswire/ --Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza.
  • Together with other social trading features such as One-Click copy trade and Bitget Insights, Strategy Plaza could further enhance Bitget as a one-stop trading platform, with seamless integration of opinion sharing, social interaction and copy trading, providing well-rounded social trading services to better suit everyone's needs.
  • Gracy Chen, Managing Director of Bitget, says, "Bitget focuses on providing users with the best social trading experience.
  • The additional feature, Strategy Plaza, diversifies the platform's offering and further optimizes users' trading portfolio and improves the benefits of being an experienced trader, with our continuous effort in developing new tools to upgrade our social trading products."

Bitget innovates social trading with new feature 'Strategy Plaza'

Retrieved on: 
Wednesday, November 9, 2022

HONG KONG, Nov. 9, 2022 /PRNewswire/ -- Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies and allows the system to automatically execute the strategies after subscription, facilitating trades with convenience and flexibility.

Key Points: 
  • HONG KONG, Nov. 9, 2022 /PRNewswire/ --Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza.
  • Together with other social trading features such as One-Click copy trade and Bitget Insights, Strategy Plaza could further enhance Bitget as a one-stop trading platform, with seamless integration of opinion sharing, social interaction and copy trading, providing well-rounded social trading services to better suit everyone's needs.
  • Gracy Chen, Managing Director of Bitget, says, "Bitget focuses on providing users with the best social trading experience.
  • The additional feature, Strategy Plaza, diversifies the platform's offering and further optimizes users' trading portfolio and improves the benefits of being an experienced trader, with our continuous effort in developing new tools to upgrade our social trading products."

Bitget launches 'Bitget Insights' to enhance social trading initiatives

Retrieved on: 
Monday, October 31, 2022

HONG KONG, Oct. 31, 2022 /PRNewswire/ -- Leading global cryptocurrency exchange Bitget announces the launch of its new feature 'Bitget Insights'. The feature serves to integrate social media with social trading via the Bitget exchange. The launch signifies the next stage in Bitget's crypto social trading initiative, aimed at benefiting both new retail investors as well as seasoned traders.

Key Points: 
  • The feature serves to integrate social media with social trading via the Bitget exchange.
  • The launch signifies the next stage in Bitget's crypto social trading initiative, aimed at benefiting both new retail investors as well as seasoned traders.
  • Gracy Chen, Managing Director of Bitget, says, "Innovative trading products and social trading services are Bitget's quintessential and key features.
  • Bitget is a pioneer in crypto social trading thanks to the way it works to improve products through innovation.

Bitget launches 'Bitget Insights' to enhance social trading initiatives

Retrieved on: 
Monday, October 31, 2022

HONG KONG, Oct. 31, 2022 /PRNewswire/ -- Leading global cryptocurrency exchange Bitget announces the launch of its new feature 'Bitget Insights'. The feature serves to integrate social media with social trading via the Bitget exchange. The launch signifies the next stage in Bitget's crypto social trading initiative, aimed at benefiting both new retail investors as well as seasoned traders.

Key Points: 
  • The feature serves to integrate social media with social trading via the Bitget exchange.
  • The launch signifies the next stage in Bitget's crypto social trading initiative, aimed at benefiting both new retail investors as well as seasoned traders.
  • Gracy Chen, Managing Director of Bitget, says, "Innovative trading products and social trading services are Bitget's quintessential and key features.
  • Bitget is a pioneer in crypto social trading thanks to the way it works to improve products through innovation.

Bitget lists Solana-based Zebec Protocol on its Launchpad

Retrieved on: 
Monday, March 14, 2022

SINGAPORE, March 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has announced the listing of Zebec Protocol (ZBC), a continuous settlement protocol and Multisig based on Solana's blockchain. The ZBC/USDT trading pair on Bitget will be available to traders from March 16, 10 AM (UTC) onwards.

Key Points: 
  • Instant settlement protocol to transform payroll, cash flow, token vesting, and more
    SINGAPORE, March 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has announced the listing of Zebec Protocol (ZBC), a continuous settlement protocol and Multisig based on Solana's blockchain.
  • The ZBC/USDT trading pair on Bitget will be available to traders from March 16, 10 AM (UTC) onwards.
  • "Zebec has an excellent track record in creating hybrid products that are essential for crypto's mass adoption.
  • We believe the future of crypto relies heavily on emerging projects building on top of DeFi ecosystems," said Sandra Lou, CEO at Bitget.

Bitget lists Solana-based Zebec Protocol on its Launchpad

Retrieved on: 
Monday, March 14, 2022

SINGAPORE, March 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has announced the listing of Zebec Protocol (ZBC), a continuous settlement protocol and Multisig based on Solana's blockchain.

Key Points: 
  • SINGAPORE, March 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has announced the listing of Zebec Protocol (ZBC), a continuous settlement protocol and Multisig based on Solana's blockchain.
  • The ZBC/USDT trading pair on Bitget will be available to traders from March 16, 10 AM (UTC) onwards.
  • "Zebec has an excellent track record in creating hybrid products that are essential for crypto's mass adoption.
  • We believe the future of crypto relies heavily on emerging projects building on top of DeFi ecosystems," said Sandra Lou, CEO at Bitget.