Bitget has maintained an unprecedented streak of 42 consecutive months of proof-of-reserves reporting as of June 2026, marking it as the first major crypto exchange to achieve this sustained reporting frequency.
The company's monthly disclosures began in December 2022, shortly after the collapse of FTX, which underscored the importance of transparency in the crypto industry. This monthly cadence allows customers and the market to have continuous insights into the exchange's asset holdings, whereas quarterly reports leave a significant 90-day visibility gap.
Throughout this period, Bitget's total reserve ratio has consistently remained above 100%, indicating that the platform's assets have always exceeded customer balances. This ratio has fluctuated with market movements but has not dipped below that level, showcasing a commitment to user trust and financial stability.
Major milestones during the reporting period include a high of 244% in December 2022, the first published snapshot, which occurred just weeks after the FTX fallout. The total reserve ratio reached 213% in March 2025 during a bull market, while it peaked at 365% for Bitcoin coverage in August 2025.
As the space shifts, scrutiny over exchanges' financial practices has intensified. Maintaining a reliable proof-of-reserves record not only fosters user confidence but also sets a standard across the industry for operational transparency. The recent changes in financial regulations for digital assets further affirm the necessity for solid measures to safeguard user investments. For example, Japan's updated regulations signify a broader trend towards greater oversight.
This article is for informational purposes only and does not represent financial advice.
