Bitget

Bitget

SeychellesFounded 2018bitget.com ↗

Last reviewed 2026-09-21 · Methodology v1.0

Centralized Exchange

VIF Score ⓘVIF Score — Verifelse Independent Verification score. A deterministic 0–100 measure of how independently verifiable an exchange is.

63.3C+

#8

of 10
VIF rankings

Reported Reserves

$11.2B

Publicly Verifiable

Liabilities

Partial

Merkle inclusion only

Proof Age

12 days

Fresh · Monthly cadence

Verification

No external verifier

Merkle · Self-attested

Transparency Snapshot

Strong public verifiability

Bitget publishes cryptographic Proof of Reserves, users can verify inclusion, reserve ownership evidence is available.

Primary limitation: No independent verifier identified; reserves are self-attested.

Reserve Coverage

135%

Reported total reserve rate

Assets ≥ in-scope balances

Exchange-published figure, not independently recomputed by Verifelse (as of 2026-09-15). Source ↗

Reserve coverage reflects only assets within the scope of the published proof, and does not by itself establish solvency.

Reserve Asset Composition

BTC35%$3.92B
ETH16.5%$1.85B
USDT28%$3.14B
USDC6.5%$0.73B
Other14%$1.57B
Total$11.2B

Proof of Reserves

Cryptographic (Merkle / zk)✓ Active programProves liabilities

Consistently high total reserve ratios through 2025-2026 (e.g. 127% total for June 2026; historically 175-199%; BTC well above 100%). 42+ consecutive monthly reports as of mid-2026.

MethodologyMerkle tree Proof of Reserves published monthly; users self-verify inclusion via a self-check tool with anonymized identifiers and wallet attestations. Core exchange PoR is self-published (external attestation via The Network Firm applies to its Reality/rToken product, not the main exchange).
Auditor / VerifierSelf-attested (none)
CadenceMonthly
Snapshot as of2026-09-15
Official proofbitget.com ↗

Proof & Verification Artifacts

Verification matrix

Proof type
CryptographicAttestationFinancial statementsNone
Proof of Liabilities
LPORGlobal ZKMerkle-sumMerkle-inclusionAuditor-onlyNone
Wallet disclosure
FullPartialNone
Inclusion check
FullPartialNone
Verification tool
Open-source verifierInclusion self-checkNone
Third-party assurance
Financial auditAttestationAgreed-upon proceduresNone

Options are ordered strongest to weakest; the highlighted option reflects the proof method Verifelse recognizes for Bitget. This describes the method, not a solvency guarantee.

Proof History

Latest publication · 2026-08-27

Bitget August 2026 Proof of Reserves report

View report ↗

Bitget published its 45th consecutive monthly PoR report with a reported total reserve ratio of 122%. The underlying snapshot was taken on August 20, 2026 at 23:00 (UTC+8).

Snapshot date2026-08-20

VIF Score Breakdown

Top-10 VIF median
Asset Verification65 / 100
Top-10 median: 67.5
Liability Verification30 / 100
Top-10 median: 50
Proof Freshness75 / 100
Top-10 median: 65
Public Verifiability75 / 100
Top-10 median: 68.5
Methodology Transparency95 / 100
Top-10 median: 95
Incident Disclosure75.4 / 100
Top-10 median: 77.4

Third-Party Verification

External verifierNot identified
Third-party assuranceNone identified

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Expert Commentary

No expert commentary currently indexed for Bitget.

This does not imply expert consensus or endorsement.