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Exchanges

Bitget

Best for a long unbroken run of monthly reserve proofs

Proof of reserves:Monthly, 43rd issue published June 2026Reserve ratio:123% reported for the June 2026 roundVerification:Open-source Merkle validatorIndependent trust score:10 — rank 5Rubric:v2.0 · verified 9 Aug 2026
Last verified August 9, 2026
Confidence ARubric v2.0Verified August 9, 2026
8.0
out of 10
Open account
Scorecard

How it rates

Counterparty & custody risk · 35%9.0
Cost transparency · 20%6.0
Market quality · 20%10.0
Transparency & track record · 15%6.0
Public documentation surface · 10%7.0
Pros
  • 43 consecutive monthly reserve publications
  • Open-source verification tool rather than an in-house checker
  • Trust score of 10 with volume well above our threshold
Cons
  • Regulatory registrations stated by the company, not corroborated in a register we could reach
  • No public status page found at the conventional address
  • Fee rates not captured from the public page at this check
How this score was built

Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.

Counterparty & custody risk · 35% weight9/10 points · 9.0/10
Cost transparency · 20% weight6/10 points · 6.0/10
  • Met
    Fee page at a documented public URL

    Reachable without an account.

    www.bitget.com/fee
  • Partial
    Entry-tier maker and taker rates displayed

    Page published; rates not captured at this check.

    www.bitget.com/fee
  • Partial
    Volume tiers with thresholds displayed

    Not captured at this check.

    www.bitget.com/fee
  • Not met
    Deposit and withdrawal costs addressed

    Not identified at this check.

    www.bitget.com/fee
  • Met
    Fee documentation readable without an account

    Page retrieved at this check.

    www.bitget.com/fee
Market quality · 20% weight10/10 points · 10.0/10
Transparency & track record · 15% weight6/10 points · 6.0/10
Public documentation surface · 10% weight7/10 points · 7.0/10

Bitget has published proof of reserves every month since December 2022 — 43 consecutive issues by June 2026 — and ships an open-source Merkle validator so a customer can check their own balance without trusting the interface. Its regulatory footprint is stated by the company rather than corroborated in a register we could reach.

Our assessment

Bitget has published proof of reserves every month since December 2022, reaching its 43rd consecutive issue in June 2026 with a reported reserve ratio of 123%. More unusually, it ships an open-source Merkle validator, so customers can verify inclusion using code they can read rather than a checker the exchange controls.

The longest unbroken record in this table

Consistency matters more than any single snapshot. A venue that publishes monthly for three and a half years without a gap is making a standing commitment that would be conspicuous to break — and unlike a one-off attestation, the history itself is the evidence. No other exchange in this comparison shows a run of that length.

Verification you do not have to trust

The open-source validator is the detail that separates this programme from its peers. Most exchanges ask users to verify through an in-house interface, which requires trusting the interface. Publishing the verification tool as readable code removes that step, and it is the kind of thing that costs an exchange nothing to do and is quietly revealing when it is absent.

What we could not confirm

The company states VASP registrations in Lithuania and Poland. We could not reach an independent register entry corroborating that, so the licensing indicator scores partial rather than met — the claim may well be accurate; it is simply not confirmed from the public record at this check. We also found no status page at a conventional address, and the fee page did not display rates to an automated check.

Who it suits

Bitget fits readers who weight reserve transparency and want an active trading venue with wide coverage, and who are comfortable that the regulatory picture is stated by the company rather than corroborated by a register. Readers who need an EU-authorised counterparty should look at Kraken, OKX, Gate or Bitstamp instead.

Alternatives

How rivals compare

ServiceScoreBest for
Binance9.7lowest published spot fees, outside the EURead →
Kraken9.7verifiable reserves and EU authorisationRead →
Reference

Frequently asked

How often does Bitget publish proof of reserves?

Monthly since December 2022, reaching the 43rd issue in June 2026 with a reported reserve ratio of 123%.

Can I verify my own Bitget balance?

Yes — the company publishes an open-source Merkle validator so you can check inclusion without relying on its own interface.

Is Bitget regulated?

It states VASP registrations in Lithuania and Poland. We could not corroborate those in an independent register at this check, which is reflected in the score.