#StaySAFU
let’s break down SAFU — Binance’s way of keeping your crypto safe — in a way that feels less like a textbook and more like a convo with a friend.
SAFU, which stands for Secure Asset Fund for Users, is basically Binance’s emergency piggy bank. It’s there to protect your money if something goes wrong, like a hack or some other disaster. They fill it up by setting aside a chunk of the fees you pay when you trade, stash it in super-secure cold storage (think of it like a digital vault), and check on it regularly to make sure everything’s legit. If the worst happens and some of your assets go poof, SAFU’s got your back to cover the losses. It’s like an extra safety net so you can trade without sweating bullets.