YieldHow safe is Bitget Earn,
really?
Instead of a vague 'trusted' badge, we grade Bitget Earn on five concrete, checkable criteria — each with sources. Here's exactly how it scores.
Criterion by criterion, with sources
- ✓
Regulation
Dubai VASP license (VARA) since 2024. No EU MiCA license as of 2026 — MiCAR application filed with Austria’s FMA (June 2026), pending approval; EU clients cannot be legally served after 1 July 2026. Source 1 → Source 2 →
- ✓
Proof-of-Reserves
Publishes monthly Merkle-tree PoR since October 2022. Covers BTC, ETH, USDT, USDC. Source →
- ✓
Flexible withdrawal
Flexible Savings with no lock period. Fixed-term products are clearly locked. Since 24 September 2026 withdrawals from the exchange are suspended after a hack (see track record); the Earn terms themselves have not changed. Source 1 → Source 2 → Source 3 →
- ✓
Insurance Fund
User Protection Fund of over $464M as of 24 September 2026, per Bitget (earlier reported at $600M+); Bitget says it covers the September 2026 hot-wallet loss. Hot wallet protection, 95%+ cold storage. Source 1 → Source 2 →
- ✗
Track record (2+ years incident-free)
Operating since 2018. On 24 September 2026 at 18:31 UTC attackers moved about $387.5M (Bitget's figure of 25 September; first estimated at $351.6M) out of parts of Bitget's hot and warm wallets; cold wallets were not touched. Bitget says the loss is covered by its User Protection Fund (over $464M) and account balances are intact. Withdrawals were suspended pending a security review; Bitget restores them in phases — BTC on 28 September, ETH on 29 September, USDT on 30 September, all other tokens, fiat and P2P on 2 October. Earlier, in April 2025, a bug in the VOXEL perpetual-futures market-making bot let eight accounts take ~$20M; Bitget rolled back the trades and compensated users from the same fund. Source 1 → Source 2 → Source 3 → Source 4 → Source 5 → Source 6 → Source 7 →
Incidents we count
Known incidents
2- September 2026 About $387.5M taken (first estimated at $351.6M) from parts of the hot and warm wallets on 24 September; cold wallets untouched. Bitget says its User Protection Fund covers the loss; withdrawals suspended, returning in phases from 28 September to 2 October. Source →
- April 2025 A bug in the VOXEL perpetual-futures market-making bot let eight accounts take ~$20M; Bitget rolled back the trades and compensated users from its Protection Fund. Source →
Current earn rates on Bitget Earn
| Asset | Rate | Type |
|---|---|---|
| 2Z | 365 % | flexible |
| BEAM | 58.6 % | flexible |
| JST | 29.7 % | flexible |
| DGAI | 25 % | flexible |
| XPL | 14.1 % | flexible |