{"id":72735,"date":"2023-01-18T17:42:33","date_gmt":"2023-01-18T15:42:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72735"},"modified":"2025-09-09T10:02:04","modified_gmt":"2025-09-09T07:02:04","slug":"bitget-launches-asset-custody-service-on-a-dedicated-wallet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitget-launches-asset-custody-service-on-a-dedicated-wallet\/","title":{"rendered":"Bitget launches asset custody service on a dedicated wallet"},"content":{"rendered":"<p>The cryptocurrency exchange Bitget has launched Fund Custody \u2014 a service for storing assets on a dedicated wallet for professional traders and institutional clients. This was reported in the platform&#8217;s <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.bitget.com\/en\/support\/articles\/12560603776207\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">\u0432 \u0431\u043b\u043e\u0433\u0435<\/a> of the trading platform.<\/p>\n<p>\\n\\n<\/p>\n<p>The Fund Custody service is available to users with a total asset value above $100,000. Bitget takes into account:<\/p>\n<p>\\n\\n<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>funds on accounts for spot, futures and margin trading;<\/li>\n<li>assets in staking and other Bitget Earn products;<\/li>\n<li>fiat currencies.\u00a0\u00a0<\/li>\n<\/ul>\n<p>\\n\\n<\/p>\n<p>To obtain a dedicated wallet, submit an application on the Fund Custody page. Upon approval, users will receive addresses for deposits, withdrawals of assets and monitoring of the account via blockchain explorers.<\/p>\n<p>\\n\\n<\/p>\n<p>As of publication, dedicated wallets are available in the Android app. In the near future Bitget will add Fund Custody to the platform&#8217;s web version.<\/p>\n<p>\\n\\n<\/p>\n<p>According to Bitget&#8217;s managing director Gracie Chen, the new service will increase the exchange&#8217;s transparency and also protect users from potential hacks of the platform&#8217;s hot wallets:<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cCustomer funds safety is Bitget&#8217;s primary priority. The launch of Fund Custody is one of the initiatives aimed at these goals, alongside the establishment of the \u201cProtection Fund\u201d of $300 million and the implementation of a Proof-of-Reserves solution. On December 31, 2022 we once again <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.bitget.com\/en\/reserveCertificate\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">\u043f\u043e\u0434\u0442\u0432\u0435\u0440\u0434\u0438\u043b\u0438<\/a> the exchange&#8217;s reserves: in Bitcoin \u2014 650% of user deposits, in Ethereum \u2014 237%, in Tether \u2014 185%\u00bb.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p><a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.bitget.com\/ru\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">Bitget<\/a> \u2014 a cryptocurrency exchange with support for spot and futures trading, copy trading and passive earnings on the products <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.bitget.com\/en\/savingsNew\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">Bitget Earn<\/a>.<\/p>\n<p>\\n<\/p>\n<p>In 2022 the platform actively developed tools for social trading: the automatic trading service \u201cMarket Strategies\u201d and the Bitget Insights platform for publishing trading ideas. In January 2023 Bitget became the first among crypto exchanges to <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.bitget.com\/ru\/support\/articles\/12560603776298\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">add<\/a> the copy trading service for the spot market.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Bitget <a href=\"https:\/\/u1f987.com\/en\/news\/bitget-copy-traders-to-crown-top-deal-providers-for-2022\">launched<\/a> a poll for the best copy-trading deal providers in 2022.<\/p>\n<p>\\n\\n<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitget has launched Fund Custody\u2014a service for storing assets on a dedicated wallet for professional traders and institutional clients.<\/p>\n","protected":false},"author":1,"featured_media":72736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"2","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1222],"class_list":["post-72735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitget"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"2","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=72735"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72735\/revisions"}],"predecessor-version":[{"id":72737,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72735\/revisions\/72737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72736"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}