The adoption of crypto has shown that the global community values the potential of Web3. Moving into 2023, user trust in exchanges’ transparency, security and liquidity will be critical to continued crypto adoption. Sponsored by bitgetglobal:
requiring multiple signatures to protect users’ assets, zero trust security architecture and data encryption, as well as collaborations with top security vendors.
Bitget has also been making security and transparency a top priority by launching a tracking page for users to verify their own assets reserve and revealing on-chain proof-of-reserve data on. This information improves user confidence and transparency by enabling users to verify that an exchange holds all of their account balance, guaranteeing at least 100% reserve ratio to make sure the exchange is capable of handling events such as a bank run.
, in order to provide better protection and further assurance to crypto users with a promise of no withdrawal for at least 3 years and disclosed wallet addresses on the website. In a nascent industry, these initiatives represent a new standard for any global crypto exchange that is serious about global growth. These initiatives form an integral part of Bitget’s expansion strategy, enabling ambitious plans such asand establishing regional hubs in Asia and LATAM markets, as well as linking to the Brazilian government’s official payment gateway. Bitget also plans to strengthen its global presence with more regional hubs in Europe and Africa.
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