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Crypto Lending 101: Making The Most Of Your Idle Digital Assets

Ledn

By Austin DeNoce, Benzinga As the cryptocurrency market evolves, so, too, do the financial services built around it. Cryptocurrency owners can now even generate passive income through lending and securing loans using their cryptocurrency assets as collateral. However, in an industry notorious for bankruptcies and fraud, carefully navigating the complexities inherent to such financial services is extremely important. While there is no shortage of lucrative opportunities in crypto, balancing those opportunities with the safety of your assets should always be a top priority. Picking the right services or platforms is a major step in the right direction, but it’s also useful to familiarize yourself with the financial products you’re considering so you can make the most informed decision that doesn’t jeopardize the safety of your assets. What Is Crypto Lending? Crypto lending falls into two main categories: earning interest by lending out your crypto and using your crypto as collateral for loans. The former allows crypto holders to earn attractive yields on their assets, ranging from a few basis points to double-digit annual returns in many cases. The latter allows crypto holders access to liquidity via loans at competitive rates without selling their cryptocurrency assets and creating a taxable event. Essentially, crypto lending platforms allow you to deposit your crypto assets to earn additional returns over time from those borrowing your funds, or you can be on the other side of the transaction, getting access to dollars or another currency without selling your crypto, which can provide a lot of flexibility. Crypto Savings Accounts As one example, crypto lending platforms like Ledn.io offer Growth Accounts that enable cryptocurrency holders to earn up to 11% annual percentage yield (APY) on their BTC, ETH, USDC or USDT holdings (disclaimer: these products are not available in Canada or the USA). However, as mentioned previously, returns are just one part of the equation. The safety of your funds is also paramount, so Ledn prioritizes transparency and the selection of what it considers reliable digital assets, which isn’t always the case for other lending platforms in this space. Lending your assets generally opens you up to credit risk, which can quickly make attractive returns meaningless if things go south. Luckily, customers on platforms like Ledn can enjoy the peace of mind that comes with the company’s strict risk management policies, including a single-asset ring-fenced approach for its Growth Accounts, and its monthly Open Book Reports that offer insights into how the interest for its savings or Growth Accounts is generated. Crypto-Backed Loans Crypto loans are typically categorized into Centralized Finance (CeFi) and Decentralized Finance (DeFi) loans. CeFi loans are managed by centralized platforms like Ledn.io, which oversees the lending process, including interest rates and risk management. DeFi loans, on the other hand, operate on blockchain platforms through smart contracts without a central authority. Each type offers distinct advantages and risks, with CeFi providing a more regulated environment and DeFi offering more autonomy and potential for higher returns but also more complexity. Ledn.io provides crypto-backed loans that give you access to funds without selling your Bitcoin or Ethereum. You can use BTC or ETH as collateral to receive 50% loan-to-value loans, typically within 24 hours, with the freedom to repay anytime penalty-free. Loans are offered in USD, USDC or your local currency and start at a 12.4% annual interest rate. If you choose to go with a Ledn Custodied Loan, your collateral is held in custody with qualified custodians and/or banks and is not lent out to generate interest. Ledn.io’s crypto-backed loans require a minimum of $1,000 in BTC or ETH as collateral. To reassure customers, Ledn says it is the first digital asset lending platform to complete a Proof-of-Reserves Attestation where customers can confirm balances themselves using a hashed ID. Exploring The Opportunities For Your Crypto If you are interested in putting your crypto to work or exploring the various financial opportunities your crypto assets can provide, Ledn.io offers a compelling choice. Whether through earning passive income or securing loans, your idle crypto assets can open doors previously limited to the legacy financial system. With up to 11% APY on deposits, transparent operations and robust risk-mitigating measures, Ledn says it is at the forefront of making crypto lending both profitable and secure. Its emphasis on customer control, security and an open approach to risk management potentially makes it a valuable partner in the crypto lending space. Begin your crypto lending journey with Ledn.io by clicking here! Featured photo by Traxer on Unsplash. Ledn builds innovative financial products with a mission to make generational wealth more accessible through digital assets. The company issued Canada’s first bitcoin-backed loan in 2018 and has issued nearly $5B loans since. Ledn is proud to help clients in over 130 countries access credit and savings products to grow their digital wealth. For more information, visit ledn.io. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Adam Reeds adam@ledn.io Company Website https://ledn.io/

April 03, 2024 08:25 AM Eastern Daylight Time

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Novidea Appoints Jeff Heine as Chief Revenue Officer

Novidea

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, carriers, and wholesalers, has added Jeff Heine as chief revenue officer (CRO). Heine will be instrumental in driving global revenue and further aligning Novidea’s sales, marketing, and other revenue-focused functions to achieve the company’s business and growth objectives. Heine brings 20 years of Property and Casualty (P&C) insurance industry expertise to the role. Most recently, he served as CRO at Betterview, a remote property intelligence platform that turns data into actionable insights for P&C insurance carriers (acquired by Nearmap). Before that, Heine was CRO at Groundspeed Analytics, an AI-powered ingestion and data solution for the commercial P&C industry (acquired by Insurance Quantified). Heine has other related experience including Guidewire Software and Adsensa (now Coupa Software). "Jeff is an accomplished CRO in the Insurtech market with proven experience building high-performing global teams, establishing scalable processes, and leading growth initiatives. His talents will be invaluable as Novidea continues to scale up its global operations,” said Roi Agababa, CEO of Novidea. “Jeff joins our strong leadership team to help guide the company's journey and to continue to deliver industry-leading innovation, quality, and value to our customers worldwide.” With the addition of Heine, Novidea further strengthens its global leadership team, adding to the recent strategic hires of Erez Nissim as chief technology officer (CTO), Eran Ben Ezer as chief financial officer (CFO), and Yaniv Cohen as chief customer officer (CCO). By assembling a team of exceptional talent, Novidea reinforces its position as a top innovator in the global insurance technology landscape. “I’ve spent the last two decades helping insurance brokers and carriers better assess and price risk, manage core processes and systems, and create efficiencies. I came to Novidea because I wanted to help reduce the friction brokers and carriers still experience in the insurance placement process and contribute to an innovative fast-growing company,” Heine said. “I look forward to helping our customers grow their businesses and create a better insurance experience for policyholders. I am excited to join a company that has the right team and technology to make insurance more accessible to businesses and consumers through better use of data and insights." About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. Contact Details Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co Company Website https://novidea.com/

April 03, 2024 08:00 AM Eastern Daylight Time

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Boundless Announces Significant Milestone in Efforts to Bring Fiber-based Broadband Competition to Cape Cod

Boundless

Boundless is excited to announce a significant milestone in its mission to provide lightning-fast, reliable, fiber-optic broadband at affordable pricing to the residents and businesses of Cape Cod, with a major boost from the Town of Falmouth. On Monday, March 25, the Municipal Light Plant (MLP) recommended Boundless as the preferred provider to bring broadband competition to the Town of Falmouth. The Board of Selectman directed the MLP to continue its discussions with Boundless to help facilitate its entry into the Falmouth broadband market and determine what community benefits the town could also expect from Boundless. The MLP’s recommendation of Boundless follows a comprehensive multi-year evaluation of its broadband landscape. Beginning with a thorough market feasibility study, Falmouth issued a Request for Information (RFI) that attracted responses from seven broadband applicants. After completing its evaluation process, Boundless emerged as the frontrunner for introducing fiber broadband competition in Falmouth. "We are excited to partner with Boundless to enhance broadband competition and accessibility in Falmouth," stated Ed Swartz, Acting Chair of Falmouth Municipal Light Plant. "Our residents and businesses demand affordable, high-speed, fiber-based broadband, and we are eager to take this significant step toward meeting those needs." Jeff Seidenfaden, CEO of Boundless, expressed enthusiasm about the town’s actions, stating, "Boundless is gratified by the MLP’s recommendation and is looking forward to bringing fiber competition to the second largest and one of the most influential communities on Cape Cod. We understand that other Cape Cod communities are looking to Falmouth as a model, and we are committed to expedited deployment and delivering super-fast “Boundless” broadband access." Boundless’ partnership with Falmouth underscores its dedication to bridging the digital divide and empowering communities with cutting-edge broadband solutions. About Boundless Boundless is a fiber internet connectivity provider serving the Northeast. Our team has over 100 years of experience working in the internet industry. Imagine a world where every community is seamlessly connected to boundless opportunities in the digital realm. That's the vision that drives us at Boundless. We are your neighborly internet partner offering a 100% fiber network that is future-proof technology, with honest pricing, never promotional, and no hidden fees. For more information about Boundless, please visit https://goboundless.com/falmouth/. About the Municipal Light Plan The Municipal Light Plant, established by the Town Meeting, is dedicated to exploring all options to bring reliable and affordable broadband services to the residents and businesses of Falmouth. The establishment of the Falmouth Broadband Municipal Light Plant in 2023, modeled after successful implementations of municipal utility services across Massachusetts, signified a proactive step towards enhancing Falmouth's broadband capacity. For more information about the MLP and the fiber-to-the-home project, please visit https://www.falmouthma.gov/1447/Falmouth-Broadband-MLP Contact Details Boundless Julie Seff media@goboundless.com Company Website https://goboundless.com/

April 03, 2024 08:00 AM Eastern Daylight Time

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Callan Family Office Named a Finalist in Three Categories at the Eleventh Annual Family Wealth Report Awards 2024

Callan Family Office

Callan Family Office, a registered investment advisor serving ultra-high-net-worth families, family offices, foundations and endowments across the United States, announced it has been selected as a finalist in three different categories for the Eleventh Annual Family Wealth Report Awards 2024. Callan Family Office is a finalist in Multi-Family Office (New Entrant), Women in Wealth Family Office (Individual) for Partner and Head of Legacy Planning Amy Jucoski, and Outstanding CEO (Chief Executive Officer) for Jack Ginter. “Being selected as finalists in these categories by the judges of the Family Wealth Report Awards is an honor, and a credit to the hard work of our entire team,” said Jack Ginter, chief executive officer of Callan Family Office. “We started this firm with the unique needs of family offices in mind, so this recognition is a validation of our place in the industry as an entrepreneurial and independent firm.” The annual Family Wealth Report Awards program recognizes the most innovative and exceptional firms, teams and individuals serving the family office, family wealth and trusted advisor communities in North America. “Every winning entrant has been subjected to a rigorous and independent judging process and should be rightly proud of the success they have achieved this year,” said. Stephen Harris, ClearView Financial Media’s CEO, and publisher of Family Wealth Report. “This year we have seen a marked increase in entrants and interest in all our global awards programs and the Family Wealth Report Awards are no exception. These awards give organizations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and to celebrate in style with their peers.” Winners will be announced on May 2, 2024, at the Gala Ceremony at the Mandarin Oriental Hotel in New York. About Callan Family Office Independently owned and operated, Callan Family Office was founded by experienced wealth professionals to provide investment management, thoughtful personalized advice, and holistic financial planning to ultra-high-net-worth families, foundations, and endowments. The firm's principals have spent their careers serving ultra-high-net-worth clients and institutions. Callan Family Office has agreements with Callan LLC to use the Callan ® tradename in providing investment advisory services to the ultra-high-net-worth market segment and to access Callan's institutional quality research, education, and investment guidance experience. Callan Family Office and Callan LLC are independent, unaffiliated investment advisory firms separately registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. About ClearView Financial Media Ltd (“ClearView”) ClearView Financial Media was founded by Chief Executive Stephen Harris in 2004 to provide high- quality, ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards program. Contact Details For Callan Family Office info@callanfo.com Company Website https://callanfamilyoffice.com/

April 03, 2024 08:00 AM Eastern Daylight Time

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Carbon RX Receives Approval from Pure Sky Carbon Registry

Carbon RX

Regina, SK – TheNewswire – April 3, 2024 – Carbon RX Inc (“Carbon RX”) is pleased to announce the approval of its inaugural nature-based Carbon Credit Project, "The Carbon RX Canadian Prairies Cropland Project," by the Pure Sky Registry, LLC (“Pure Sky”). This project, located on Treaty 4 Territory in Saskatchewan, Canada, is projected to sequester approximately 1.5 million tonnes of carbon over the 20-year project. Through the Pure Sky approval, the project provides quality carbon credits for international buyers in the voluntary carbon market supporting farming practices committed to carbon removals and reductions. "The approval of our project validates the importance of Canadian agriculture in the global carbon offset market," said Marty Seymour, CEO of Carbon RX and founding member of Pure Sky. "Agricultural practices are the ideal instrument to sequester carbon in the soil. Farmers are looking for ways to participate in the carbon markets through their regenerative practices and Pure Sky offers an ideal standard for this project." The project combines minimal tillage with reduced nitrogen fertilizer and fuel usage, enhancing soil carbon storage and decreasing greenhouse gas emissions. The unique nature of the project is the inclusion of First Nation and non-First Nation farmed lands.   "We are proud to have the Carbon RX Canadian Prairies Cropland Project as the first to receive our approval," commented Shidan Gouran, Co-Founder and Member of Pure Sky. "This approval marks a significant moment for Pure Sky, showcasing our commitment to setting high standards within the carbon registry sector and supporting credible, high-quality carbon offset projects using blockchain technology." Like all voluntary carbon registries, the Pure Sky standard requires projects to adhere to the rigorous ISO 14064 standards, including third-party validation, as a criterion for approval.  Pure Sky’s unique decentralized and open voting system provides transparent and timely approvals of carbon projects with all carbon credits tracked on a digital ledger. According to a 2023 report by Morgan Stanley, the voluntary carbon-offset market is projected to expand from about $2 billion in 2022 to approximately $100 billion by 2030 and $250 billion by 2050. Initiatives like the Canadian Prairies Cropland Project will contribute to this growth, offering scalable and effective solutions for carbon sequestration globally.          About Carbon RX Headquartered on Treaty 4 Territory in Regina, SK, Carbon RX specializes in the origination and streaming of carbon credits. Backed by a team of agriculture, forestry, and hydrocarbon experts; Carbon RX provides high-fidelity carbon credits to the international voluntary carbon market, ultimately aiding Canada in the race to net-zero emissions.  For more information, visit carbonrx.com. About Pure Sky Registry LLC   Pure Sky Registry LLC, a Web3 Carbon Credit Registry, focuses on the certification and digitization of carbon credits, promoting environmental sustainability through blockchain technology. For more information, visit puresky.earth     For media inquiries Carson Sinclair Cell: 306-690-9235 E ‐ mail: carson.sinclair@carbonrx.com    Forward Looking Statements   This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta CleanTech Inc. (“ Delta ”) and Carbon RX (Delta’s subsidiary), current internal expectations, estimates, projections, assumptions and beliefs and views of future events. All statements other than statements of historical fact are forward-looking information. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "might", "will", "shall", "should", "intend", "anticipate", "project", "contemplate", "continue", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Carbon RX does not undertake any obligations to publicly update or revise any forward-looking information except as required by securities law.   The CSE does not accept responsibility for the adequacy or accuracy of this release.

April 03, 2024 07:00 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Comprehensive Evaluation of Movano Inc.

Movano

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive evaluation of Movano Inc. a pioneer in health technology. Movano Inc. (NASDAQ: MOVE) has recently caught the attention of many investors following a strategic investment from a tier-one multi-billion dollar medical device company. Best Growth Stock's full report breaks through the noise and offers an extensive comprehensive evaluation of Movano’s potential catalysts, current estimated share structure, cash position, recent developments, and how they relate to potential future catalysts, financial performance, and much more. Access this full analysis free: https://bestgrowthstocks.com/access-move-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) Access this full analysis free: https://bestgrowthstocks.com/access-move-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) About Movano Health Founded in 2018, Movano Inc. (Nasdaq: MOVE) dba Movano Health is developing a suite of purpose-driven healthcare solutions to bring medical-grade data to the forefront of wearables. Featuring modern and flexible form factors, Movano Health's devices offer an innovative approach to delivering trusted data to both customers and enterprises, capturing a comprehensive picture of an individual's health data and uniquely translating it into personalized and intelligent insights. Movano Health's proprietary technologies and wearable medical device solutions will soon enable the use of data as a tool to proactively monitor and manage health outcomes across a number of patient populations that exist in healthcare. For more information on Movano Health, visit https://movanohealth.com/. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Contact Details Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com

April 03, 2024 07:00 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Comprehensive Evaluation of CXApp Inc.

CXApp

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive evaluation of CXApp Inc. the global technology leader in employee workplace experiences. CXApp Inc. (NASDAQ: CXAI) has recently caught the attention of many investors following a strategic partnership and development agreement with Google Cloud as part of the launch of the CXAI Platform. Best Growth Stock's full report breaks through the noise and offers an extensive comprehensive evaluation of CXApp’s potential catalysts, current estimated share structure, cash position, recent developments, and how they relate to potential future catalysts, financial performance, and much more. Access this full analysis free: https://bestgrowthstocks.com/access-cxai-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) Access this full analysis free: https://bestgrowthstocks.com/access-cxai-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) About CXApp Inc CXApp Inc., is the global technology leader in employee workplace experiences. The Company is headquartered in the SF Bay Area and operates the CXAI SaaS platform that is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the workplace for enhanced experiences across people, places and things. CXApp's customers include major Fortune 500 Global Companies in the technology, financial services, consumer, healthcare, and media entertainment verticals. www.cxapp.com About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Contact Details Steve Macalbry Best Growth Stocks Editor@BestGrowthStocks.com Company Website https://www.bestgrowthstocks.com

April 03, 2024 07:00 AM Eastern Daylight Time

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HTX Ventures Collaborates with Web3Port Foundation to Seek New Opportunities in Web3 Investments

HTX Ventures

Singapore / April 3, 2024 – HTX Ventures is pleased to announce a strategic partnership with the Web3Port Foundation. This collaboration will combine their strengths, enabling HTX Ventures to delve deeper into the Web3 fields, uncover more innovative projects, and promote the development of blockchain technology. The Web3Port Foundation focuses on investing in innovative projects within the Web3 industry, bringing extensive experience and resources to the table. It is dedicated to nurturing and enhancing leading blockchain technological solutions. This collaboration is set to leverage the global investment network of HTX Ventures and the professional investment prowess of the Web3Port Foundation, aiming to jointly identify and invest in premier projects in the Web3 sector. As a leader in global investment, HTX Ventures has always been at the forefront of strategizing within the blockchain ecosystem. This partnership will enable HTX Ventures to broaden its Web3 investment landscape, facilitating technological innovation and the exploration of new business models within the Web3 realm. HTX Ventures is happy to join forces with the Web3Port Foundation, contributing to the thriving development of the Web3 ecosystem together. About Web3Port Foundation Web3Port Foundation, aiming to fund innovative Web3 startups, is an international multi-stage technology investment platform that backs and amplifies leading blockchain enabled solutions. The Foundation consists of a primary fund seeded with $100mm and a secondary fund with $1B, and supports to build businesses that are truly differentiated across all markets, including early/middle-stage startups, TVL startups, public blockchain ecosystem projects, etc. Website | X About HTX Ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

April 03, 2024 06:14 AM Eastern Daylight Time

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Bitget's Protection Fund Report in March 2024

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, has recently disclosed its March 2024 Protection Fund Valuation Report. The report reveals a remarkable achievement as the fund reached its pinnacle with an unprecedented valuation of over 612 million on March 13th. This underscores Bitget's unwavering commitment to ensuring the security and protection of its users' assets. In the landscape of cryptocurrency, Bitget's Protection Fund stands out as a beacon of reassurance for users, demonstrating a robust dedication to their security. Esteemed as one of the sector's foremost self-insured reserves, it fortifies user confidence by offering an additional layer of protection. This fund is meticulously crafted to shield digital assets from a spectrum of risks, ranging from cyber threats and fraudulent schemes to substantial market volatility. Functioning under a self-sustaining framework, Bitget's Protection Fund provides agile and adaptable protective strategies devoid of external dependencies. Its independence enables swift resource allocation to safeguard user assets during security breaches, market turbulence, or critical events. This autonomous approach ensures Bitget's clients receive resilient protection without the encumbrance of external regulations, policies, or authorizations that could impede timely responses in emergencies. The fund's self-reliant structure serves as a pivotal advantage, delivering significant safety and security enhancements to Bitget's user community. To fortify its strength and liquidity amidst external market dynamics, the fund encompasses a diverse array of highly liquid digital assets, including BTC, USDT, and USDC. Throughout March, propelled by market shifts and the surge in BTC valuation, Bitget's Protection Fund exhibited steady expansion, reaching an unprecedented valuation surpassing $612 million on March 13th, marking a new pinnacle. In March, its average monthly valuation surpassed 577 million, significantly exceeding Bitget's guaranteed amount of 300 million. Bitget Protection Fund Valuation Status in March 2024: Highest value: $ 612 million (March 13) Lowest value: $ 540 million (March 2) Average value: $ 577 million "Bitget is dedicated to enhancing user experience and safeguarding their interests with a comprehensive range of products and expertise. Our primary focus is on security, but what distinguishes us is our unwavering dedication to protecting our users. Our goal is to provide peace of mind to our users by securing their digital assets and supporting their welfare across all market environments.” said Gracy Chen, Managing Director at Bitget. Bitget's commitment to transparency goes beyond the Protection Fund Valuation report. The exchange has consistently offered verifiable Proof of Reserves data, providing users with additional confidence in the security of their assets. Bitget continues to grant users unrestricted access to comprehensive fund information, including publicly available wallet addresses. For more detailed information, please visit here. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Contact Details Sylvia Huang +971 52 892 2724 media@bitget.com

April 03, 2024 06:09 AM Eastern Daylight Time

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