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Redirected from: Secure Asset Fund
Definition: SAFU
(
S
ecure
A
sset
F
und for
U
sers) A monetary fund created by the Binance exchange that holds 10% of all trading fees to indemnify customers in case the exchange is hacked. The term "safu" is also used to imply safe. See
crypto glossary
and
Binance
.
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