#StaySAFU Curious about SAFU? Here’s what you need to know. SAFU stands for “Secure Asset Fund for Users,” a protective reserve set up by Binance in July 2018. It was created to safeguard user assets in extreme events like hacks or major system issues. Binance allocates 10% of all trading fees to this emergency fund, building a financial safety net designed to respond quickly during crises. The goal of SAFU is to boost user confidence and ensure that funds remain secure, even in worst-case scenarios. It’s a clear sign of Binance’s commitment to protecting its community and maintaining trust. In the ever-evolving world of crypto, SAFU serves as a critical layer of security for traders and investors alike.
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