Bitget marked its eighth anniversary with an open letter from its chief legal officer, using the milestone to describe how the platform’s obligations have grown with its scale. The company said Bitget started eight years ago as a cryptocurrency derivatives exchange and now serves more than 125 million users while expanding, under its Universal Exchange, or UEX, vision, into crypto, tokenized stocks, commodities and other global markets.
According to the letter, broader market coverage requires stronger infrastructure. Bitget said that means higher transparency, stronger security systems and a compliance framework that can support a wider set of markets. It also said those standards need to keep rising as the platform grows.
Proof of Reserves expanded from 4 assets to 19
Bitget said it launched its Proof of Reserves, or PoR, system in December 2022. Since then, the platform has published reserve data every month, maintained a commitment to at least a 1:1 reserve ratio for user assets, and provided a Merkle Tree-based method that lets users independently verify whether their holdings are included in platform reserves.
In September 2026, Bitget said it published its 46th consecutive Proof of Reserves report, with a total reserve ratio of 135%. The average reserve ratio has remained above 120%, according to the letter. This month, as part of its eighth anniversary, the exchange said it expanded the scope of reserve verification from 4 assets to 19, reflecting the broader range of assets and markets now available on the platform.
The letter said PoR helps users determine whether the exchange holds sufficient reserves for customer assets, but added that user protection extends beyond reserves to account security, market conditions and the control systems used in platform operations.
Protection Fund and layered security model
On financial safeguards, Bitget said it established a user Protection Fund in 2022 with an initial commitment of $300 million to provide additional support in extreme situations. The company said the fund’s average valuation was about $382 million in August 2026 and that it works alongside the platform’s preventive security systems.
Bitget described security as a layered structure covering each stage of user activity on the platform, including account login and access, trade monitoring and underlying infrastructure. The letter said no single tool or control can address every risk, so the exchange built multiple lines of defense across both user-facing and backend systems.
For users, Bitget listed two-factor authentication, or 2FA, FIDO2 and WebAuthn passkeys, anti-phishing codes and device management features. On the backend, it said the platform uses withdrawal protection, trade monitoring, anomaly detection and anti-fraud systems.
Market integrity framework targets post-listing oversight
Bitget said its protection model also extends to the trading environment itself. Earlier this year, the company introduced its Market Integrity and Token Accountability Framework to strengthen post-listing monitoring of listed assets, project teams and market makers.
According to the letter, the framework is designed to identify risks including abnormal wallet behavior, market manipulation, insufficient liquidity and other suspicious trading activity. It also sets clearer accountability standards for project teams and market makers operating on the platform. If potential misconduct is detected, Bitget said it may respond with stronger risk warnings, restrictions, account freezes, trading suspensions or delistings, depending on the case.
Cross-market expansion brings multi-jurisdiction compliance demands
On compliance, Bitget said operating across multiple markets means dealing with different regulatory structures, asset classifications and risk requirements. The letter said there is no single regulatory model that applies across all of the markets where the company operates, so responsible expansion depends on understanding and meeting local standards.
Bitget said its regulatory footprint includes registrations, licenses and approvals in Argentina, Australia, El Salvador, Georgia’s Tbilisi Free Zone, Mauritius, Mexico, New Zealand, South Africa, Switzerland and the United Kingdom. Because requirements differ by jurisdiction and asset class, the company said its compliance systems must adapt to those differences.
The measures listed in the letter include know-your-customer, or KYC, and know-your-business, or KYB, processes, anti-money laundering, or AML, and counter-terrorist financing, or CFT, controls, sanctions screening, transaction monitoring and ongoing communication with regulators.
As UEX brings crypto, tokenized stocks, commodities and other assets into one trading environment, Bitget said it must address different market structures and risk profiles at the same time. To do that, the company said it is working with BlockSec on a UEX Security Standard covering verifiable solvency, multi-asset risk isolation, data and privacy protection, dynamic monitoring, and application and infrastructure security.
Letter says growth and responsibility cannot be separated
Bitget said the past eight years have reinforced one point: these standards cannot stand still. Transparency has to keep pace with platform growth, security systems have to respond to new threats, and compliance rules have to adjust as markets and regulatory structures change.
The company said growth and responsibility are inseparable. Each new service expands the scope of what the platform must protect, verify and take responsibility for. The letter said users began trusting Bitget eight years ago, and that today the platform is larger, covers more markets and runs on more complex infrastructure, which has increased the weight of that responsibility.
Bitget said protecting user assets, maintaining strict controls and helping users better understand how the platform operates remain core principles in its development. It also tied its eighth anniversary theme, “8uilt for Perfect Trades,” to more than trading experience, saying the phrase also covers the security, transparency and standards needed for users to trade with confidence. Entering its ninth year, the company said that responsibility will remain a key measure of Bitget’s development.
Bitget and Bitget Wallet business details
Bitget said it was founded in 2018 and now positions itself as a global Universal Exchange. The company said it serves more than 125 million users and offers trading in more than 2 million crypto tokens, along with more than 500 tokenized stocks, ETFs, commodities, foreign exchange products and precious metals including gold. It also said the Bitget ecosystem uses AI agents that can assist with trade execution.
The company said it continues to promote crypto adoption through strategic partnerships including MotoGP. It also said it is working with UNICEF with a goal of providing blockchain education support to 1.1 million people by 2027. Bitget added that it currently holds a leading position in tokenized traditional finance, or TradFi, markets and provides competitive pricing and liquidity services across 150 regions globally.
On Bitget Wallet, the company said the self-custodial Web3 wallet serves more than 100 million users, supports more than 130 major blockchain networks and millions of crypto assets, and offers asset management, multichain trading, staking, payments, market data, DApp browsing and wealth management features. It also said users can directly access more than 20,000 decentralized applications, or DApps.
Bitget Wallet aggregates hundreds of decentralized exchanges and cross-chain bridges, according to the company, supporting multichain asset swaps and cross-chain interactions while integrating advanced swap functions and market insight tools. Bitget also said Bitget Wallet has a $300 million user protection fund aimed at strengthening asset security for users.