Bitget Tops Up User Protection Fund to Over $300M, Now 3,705 BTC On-Chain

The distinction here is verification, not the headline figure: an on-chain balance with published addresses lets anyone check the fund rather than trust a periodic attestation, which is a meaningfully different disclosure standard than most exchange safety nets. That matters most to users weighing where to hold assets, since the fund's credibility rests on its traceability rather than its size. What remains open is whether the balance is sustained through replenishment or drifts with market conditions, and whether other venues treat comparable funds as independently checkable.