Every investors top priority in choosing a crypto exchange is security of their assets. Over the years, many exchanges have come and gone due to varying factors. Some packed up as a result of mismanagement of users funds, others were due to security breaches like hacks and some due to harsh bear market condition but in the midst of this, Bitget continue to shine, soar and expand across board with the latest report seeing the exchange protection fund record a new ATH of over $400M in the month of November.
No doubt the month of November was quite good for crypto however Bitget protection fund was around $330M four months ago. Very drastic addition in my opinion, while some exchanges seems to be having different issues like lawsuit, hacks and some even packing up due to bankruptcy, it still beat my imagination what Bitget is doing differently to achieve such significant milestone.
What are your thoughts about this development?