Since the Bybit hack, I?ve seen a lot of positive changes in the crypto exchange world. Bybit has really improved its security and made some strong partnerships. Binance is also stepping up by launching new products and focusing more on following the rules.
Bitget is another standout. It was named the 2025 Exchange of the Year by FinanceFeeds, and I think it truly deserves that title. Bitget now has over 120 million users in more than 150 countries.
After the FTX collapse, Bitget was the first to introduce Proof-of-Reserves, showing how they handle customer funds clearly and openly. They?ve continued to raise the bar ever since. Between January and March 2025, their reserve ratio went up from 171% to 213%, which means even more protection for users. Their Protection Fund also grew from $495 million to
$514 million, and now it?s over $700 million.
I really like how competitive exchanges have become. It?s pushing every platform to improve, and that?s great for users like us.
So what about you? Do you have a favorite exchange right now? When I look for one, I usually focus on things like strong security, low fees, good customer support, and clear communication. The more they compete, the better the experience gets for everyone.
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/how-exchanges-have-fared-since-bybit-hack/4717/
