How Bitget’s Proof of Reserves Expands Asset Verification
Summary
The article describes Bitget’s September 2026 expansion of Proof of Reserves coverage from four assets to 19. It explains that users can review platform reserve information and use Merkle Tree-based proofs to check whether their own balances appeared in a particular snapshot. The document lists the added asset categories and notes the exchange’s monthly reporting history.
It interprets a reserve ratio above 100% as reported reserves exceeding covered user balances at the time of the snapshot, and distinguishes reserve verification from the separate Protection Fund. The account cites a 135% total reserve ratio and 46 consecutive monthly reports, but these are claims made by the article rather than independently assessed evidence. It also cautions that a Proof of Reserves snapshot is time-specific and is not equivalent to a full financial audit. The discussion is primarily about exchange transparency and user asset verification, rather than a trading method or strategy.
Key ideas
- Proof of Reserves coverage expanded from four assets to 19 in September 2026.
- Merkle Tree verification lets users check whether their balances were included in a specific snapshot.
- A reserve ratio above 100% indicates reported reserves exceed covered user balances at that snapshot.
- The Protection Fund is described as a separate safeguard from reserve verification.
- A reserve snapshot is time-specific and does not replace a full financial audit.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.