#StaySAFU The acronym SAFU refers to the “Secure Asset Fund for Users,” an emergency insurance fund established by the cryptocurrency exchange Binance.

In July 2018, Binance created this fund, committing 10% of all trading fees to ensure user funds are protected in extreme situations.

SAFU’s financial aspect

By January 29, 2022, the Secure Asset Fund for Users was valued at one billion dollars, showcasing its robust nature. SAFU primarily contains three types of assets: BNB (Binance Coin), BTC (Bitcoin), and BSC-USD (Binance’s stablecoin), all held in separate cold wallets to maximize security.