Bitget is first to work toward transparency of proof of accounting and operations through Space and Time.' Gracy Chen, Managing Director of Bitget, said, 'More than ever, users want to see transparency from exchanges. With Space and Time's technology, Bitget will provide proof of accounting and assure its users that all exchange operations are both valid and verifiable. Moreover, users will have full transparency about the exchange's activity, liquidity, assets, and liabilities with the assurance that the data and computation powering the exchange is accurate and haven't been tampered with.Įven though most centralized crypto exchanges publish proofs to assure users that their assets exist, the accounting of financial operations is conducted in opaque, black-box systems. The move will provide unparalleled exchange operations transparency.Īs the first centralized exchange to leverage a decentralized data warehouse, Bitget offers its users verifiable evidence that the exchange holds the assets it claims to own on behalf of its clients. Bitget, the world's largest crypto copy trading platform, has taken a groundbreaking step towards greater transparency in centralized exchanges by partnering with Space and Time.

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