Binance Stacks Emergency Insurance Fund ‘SAFU’ to $1 Billion After BNB Volatility

SAFU is an emergency insurance fund established by Binance in July 2018 to protect user funds. When the fund was established, Binance pledged a portion of the transaction fees to grow it to a significant level to protect its users. The value of the Fund will fluctuate based on the market and the SAFU Fund Wallet will consist of BNB, BUSD and BTC.

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