BTCC
/
BTCC Square
/
Cryptopotato
/
Bitget’s April 2025 Reserves Audit: 191% Backing for User Funds—Take That, Traditional Banks
Bitget’s April 2025 Reserves Audit: 191% Backing for User Funds—Take That, Traditional Banks
11
3
Crypto exchange Bitget just dropped its Proof of Reserves report for April 2025—and the numbers don’t lie. User assets are secured at a 191% reserve ratio, dwarfing the fractional reserves of your neighborhood bank.
Key takeaways: The platform’s cold wallets hold nearly double the required collateral, with BTC, ETH, and stablecoins all audited. No creative accounting here—just on-chain verifiability.
While Wall Street struggles with overnight repo markets, Bitget’s transparency play sets a new standard. Of course, cynics will note 191% beats 0% (looking at you, failed banks)—but in crypto, trustless verification is the baseline.
By:
