What Is Secure Asset Fund for Users (SAFU)?
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What Is Secure Asset Fund for Users (SAFU)?
Binance launched the Secure Asset Fund for Users (SAFU) in July 2018 as an emergency fund to safeguard user funds. Binance allocated a portion of trading fees to bolster the fund’s size, enhancing its ability to provide protection. As of January 29, 2022, the Secure Asset Fund holds a value of $1 billion, subject to…