The crypto exchange Bitget has announced that its reserves have reached a massive $1.44 billion, and that it is officially debt-free.
According to the Bitget’s announcement, the exchange’s overall reserve ratio now stands at 223%, more than twice the standard 100% (or 1-to-1) backing that is expected of all exchanges in the industry….
Read More: Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report