Binance is announcing that it has updated its Secure Asset Fund for Users (SAFU) valued at $1 Billion.
Binance Secure Asset Fund
Binance’s “Investor Protection Fund” (SAFU – Secure Asset Fund for Users) has reached $1 billion. Users can click the SAFU wallet address ( Wallet Address 1 | Wallet Address 2 ) to view.
Binance calls on all exchanges to publicize the wallet addresses of their venture funds to benefit the entire blockchain ecosystem and demonstrate to governments, regulators and key stakeholders Binance’s ability and commitment to enhance industry transparency and protect industry users.
Binance Investor Protection Fund (SAFU) is a risk protection fund established by Binance in July 2018 to protect the assets of Binance users.
When Binance established SAFU, 10% of all transaction fees were allocated to the fund to provide risk protection for the assets of Binance users.
The current SAFU of 1 billion US dollars is enough to support the asset security of Binance users.
In the future, Binance will continue to support SAFU to ensure that the scale of SAFU is not less than 1 billion US dollars to protect the interests of investors.
Go to Binance’s Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
(Forex Broker)
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April 24, 2024
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