🛡️ What is SAFU?

In the crypto world, you might have seen the phrase “Funds are SAFU” — but what does it really mean? 🤔

💡 SAFU stands for Secure Asset Fund for Users.

It’s an emergency insurance fund set up by Binance to protect users in extreme situations like hacking or security breaches.

📅 How it works:

• Binance takes a small portion of trading fees

• Adds it to the SAFU fund

• If something goes wrong, these funds are used to cover users’ losses

✅ Why it matters:

Crypto can be risky, but knowing SAFU exists gives traders extra peace of mind. It’s like having an emergency parachute while skydiving — you hope you never need it, but it’s great to know it’s there!

So next time you see “Funds are SAFU,” it means your money is in safe hands. 🚀

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